31/10/2025
What an amazing community of Hepburn Energy Co-op Members we have!!!
We’ve had a busy couple of months setting up and processing our first debenture offer after we heard an overwhelming ‘yes’ to the concept of debentures from members.
Debentures are a way for co-operatives to raise funds via a loan from members.
The offer was over subscribed and we scaled it back to the cap amount, the result is a total of 89 Member Debenture subscriptions, totalling 1095 debentures ($1,095,000).
We are so grateful to everyone who has participated in supporting Bessie financially, and we are thrilled to see so many smaller debenture holders, which really aligns with our values of equity and fairness.
Check out the post for more stats on our first debenture.
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