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Bristol Energy Cooperative

Governance and people

BEC is a Community Benefit Society with a wide range of experience and a diverse team. They have an existing track record in community renewables and this will be their seventh share offer.

Governance

BEC is a Community Benefit Society rules of the Society are available here.

Shareholders in BEC become members of the society. There is a principle of one vote per member regardless of how many share are held by each member. 

Total number of shares in issue

There are currently 2,043,624 shares in issue.

The number of shares that will be issued as a result of this raise will depend on the uptake.

Annual General Meeting

The Annual General Meeting, which all investors are entitled to attend, takes place each October. The financial year runs from May 1st to April 30th

People

Management

BEC is managed by a qualified board elected from the membership who believe in the power of community to create alternative business solutions that effect real change. They have been working closely together since 2011.

Directors

Directors Holdings

Current Director share holdings are as follows:
  • Andy O'Brien - £500
  • Andrew Lee - £100
  • Chris Speller - £1,000
  • Peter Thompson - £3,500
  • Kat Blacklaw - £250
  • Daniella Radice - £450
  • Simon Pyne - £100

Diversity

Female directors: There are currently 3 female directors out of a total of 8 directors, so 37.5% of the Board are female.

Employee satisfaction

BEC does not currently report on staff satisfaction but looks to uphold the ethical values set out for Co-operative Members of honesty, openness, social responsibility and caring for others.

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