Jamie Chivers Pamada

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Landholders Working withthe Wind Industry Coolah

Workshop

Jamie Chiversproject manager

Mark Sydneyprincipal

Development Models

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share the love

spreading the knowledge

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Royalty Based Model

Landowner

Developer

Renewable EnergyProject

Landowner Agreement

Skills and Capital

Royalty

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Community/Developer Joint Venture

Landowner Developer

Renewable EnergyProject

CommunityFund

Capital

CapitalRoyalty Skills &Capital

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Cooperative Development

DevelopmentServices

CapitalMajorityOwnership

ContractedServices

Landowner

Renewable EnergyProject

CommunityFund

Capital

Royalty

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H epburn Wind

Australia¶s First Community Owned Wind Farm

Hepburn Video on ABC¶s Inside Business

2 x 2.05MW Turbines = 4.1MW

Enough electricity to power the 2300 homes in Daylesford

$8.3m raised through community

Developer paid in shares and fees Active Membership

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Wind Monitoring

Risk to Landowner

Traditional Joint Venture Coop

Low Medium H igh

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Working Capital

How Much?

Raising funds through the

Community«

When?

Risk to Project

Traditional Joint Venture Coop

Low Medium H igh

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Seeking Planning Approval

Risk to Project

Traditional Joint Venture CoopMedium Medium Low

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Connection Agreement

Risk to Project

Traditional Joint Venture Coop

Medium Medium Medium

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Commercial Phases

Risk to Project

Traditional Joint Venture Coop

Low Low H igh

Signing Off-take

Negotiating TurbineSupply and Operations

Project Financing

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Development Milestones

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ConclusionsTraditional Vs Joint Venture Vs Cooperative«.

TraditionalLow Risk,reasonable return,

but limited community participationJoint VentureMore risk,stronger return,and improved community participation

CooperativeMore risk,lower return,but high community participation

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Questions???

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