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en10ergy

Governance and people

Please note that this information is no longer updated and is for reference purposes only.

The en10ergy Registered Society (Registered number 30824 R) was set up by Muswell Hill Sustainability Group in 2009 to install renewable energy in Muswell Hill and surrounding areas, to raise awareness of climate change issues and to encourage local residents to take action.

Target amount to be raised through the share offer

This share offer aims to raise £95,000. The minimum investment per applicant is £500.

Total number of shares in issue

This offer is looking to issue 95,000 shares. There are 5812 number of shares already in issue from a previous share offer, on a one member one vote basis.

Date of the AGM

The Society AGM is held in November each year and formally approves the accounts, and will approve interest repayments to investors.

People

Board of Directors

The Directors combine long-term experience in environmentalism and sustainability, helping local organisations to go solar, with senior public and private sector experience . 

Co-opted Committee Members

Conflict of interest statement

Other than valid expenses, the Directors do not receive any payment as directors. The Directors are not aware of any other actual or potential conflicts of interest. Rule 23.2 of en10ergy Rules relates to conflicts of interest.

The Society requires that its officers, employees, agents and sub-contractors shall comply with all applicable Anti-Bribery Laws.

Directors' remuneration

Directors are not paid for being a directors of the Registered Society, but can be reimbursed for legitimate out of pocket expenses in the course of their duties as a director.

Directors' holdings

The Directors are current shareholders in en10ergy and plan to invest in the new interest bearing shares.

Diversity

en10ergy has one part time employee who is female and the gender balance of the board is currently 2 women and 3 men.

Employee satisfaction

en10ergy holds regular meetings with its part time employee to identify any employment concerns.

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