Funding from a citizen investment fund

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Country: 
France

A major source of funding for Plaine Sud Energies’ solar panel project came from the citizen investment fund for renewable energy of Energie Partagée (http://energie-partagee.org/). To access this form of financing, the project had to be approved regarding the charter of the citizen investment fund. In this framework, the local citizens’ participation was essential, as the fund only supports citizens’ projects matching the following criteria: local anchorage, non-speculative goals, democratic and transparent governance and ecological engagement. In standing by Plaine Sud Energies, Energie Partagée, besides completing the financial needs for the implementation, gave a real legitimacy to the project regarding citizen and environmental engagement.