All 6,648 shares of electricity from a Vestas wind turbine were sold to 1700 Dutch households at €200 per share, raising about € 1.3 million in just 13 hours.
Windcentrale, a Dutch company specialising in cooperative wind turbine purchases, put together the deal, which will net each share about 500kWh of clean electricity per year. The turbine is a Vestas V80 2MW model located in Culemborg the Netherlands, and the energy will be sold through Greenchoice, which has about 350,000 customers. The turbines being funded at WindCentrale are older models, bought from project developers, energy companies, or financial institutions, and each wind turbine share system set up by the company has its own cooperative ownership structure, with a separate contract with the manufacturer for maintenance.