For the sixth year in a row, since establishing in 2014, SolShare Energy paid a dividend to our community of investors. For the period from January 31, 2019 to January 30, 2020, investors received $1.99 per C2 share, which was an annualized dividend yield of 4.0%.
SolShare Energy currently operates two solar energy plants in Vancouver. These plants are owned by local residents who are part of our community of investors, along with Vancouver Renewable Energy Cooperative. We are in early negotiations for four more solar plants that will be located throughout BC. It is anticipated that future plants will also include Indigenous ownership. SolShare makes it possible for the general public to invest in community power projects for as little as $1000.
About SolShare Energy
SolShare Energy is BC’s first community-owned solar energy investment program. SolShare’s mission is to enable investors to share in ownership of a diverse portfolio of renewable energy installations throughout BC that offer financial, social, and environmental returns. Solshare Energy is a project of Vancouver Renewable Energy Co-operative(VREC).