Maine

Maine solar business pursues conversion to worker­owned co­op to sustain business, create more jobs

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From Rural Cooperatives: Much has been made of the oncoming wave of baby boomer retirements — dubbed the “Silver Tsunami” — and the opportunity for retiring business owners to convert to employee ownership as a business succession strategy. Particularly in rural areas, where the population is much older than average, selling any small business is […]

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Stevens Point City Times – North Wind Renewable Energy Transitions to Employee-Owned Cooperative

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From the Stevens Point City Times:North Wind Renewable Energy has announced the company is now an employee-owned cooperative.  The transition for the 10-year-old company took place April 1.In 2016, North Wind installed over 660 kilowatts of solar power at more than 40 homes and businesses in Wisconsin, helping customers save money on utility bills and transitioning to clean energy […]

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California Economic Development Journal – Economic Ownership Can Preserve California Businesses and Save Jobs

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From the California Economic Development Journal (pdf): Engineer and solar pioneer Gary Gerber founded Sun Light and Power in the 1970s, one of the first wave of renewable energy enterprises. By 2015 the Berkeley-based solar installer was thriving and Gary was considering his retirement options. Always mission-driven, he couldn’t envision selling the business he and […]