Memorandum Of Association

 The Companies Act 1985

Company Limited By Guaranteeand Not Having A Share Capital.

 Memorandum Of Association of

1. The name of the Company is “Renewable Energy Co-operative Limited”.

2. The registered office will be situated in England.

3. The objects for which the company is established are:

a) To design, install, provide, maintain and promote the use of Renewable Energy generating systems.

b) To promote, support and encourage the development of resilient, sustainable communities through community or shared ownership of Renewable Energy generation capacity.

c) To address the issues of fuel poverty, energy security, climate change and environmental degradation by providing access to education, information and technical expertise to facilitate and enable the reduction of energy consumption and by providing access to the means for participating in community or shared ownership of Renewable Energy generation capacity.

d) To promote, support, encourage and provide education and information resources regarding sustainability, environmental and energy issues to individuals, communities, businesses and policy makers.

e) To support and encourage the growth of the cooperative movement; promote cooperative principles, enterprises and activities. To encourage equality and democratic control over the workplace.

f) To carry on any trade or business whatever which can in the opinion of the directors of the Company be advantageously carried on in connection with or ancillary to any of the objects and activities of the Company.

g) To do all such other activities, enterprises, projects or ventures which can, in the opinion of the directors of the Company, be deemed incidental or conducive (either directly or indirectly) to the attainment of the objects of the Company or any of them.

4. The income and property of the Company whencesoever derived shall be applied solely towards the promotion of the objects of the Company as set out herein and no portion shall be paid or transferred directly or indirectly to the members of the Company except by way of payment in good faith to any member of the Company in return for services actually rendered to the Company, of reasonable wages, bonuses and repayments of expenses, interest on money lent or reasonable rent on premises demised or let to the Company.

5. The liability of members is limited.

6. Every member of the Company undertakes to contribute to the assets of the Company in the event of it being wound up while he/she is a member or within one year afterwards, for payment of the debts and liabilities of the Company contracted before he/she ceased to be a member, and the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves, such amount as may be required not exceeding one pound.

7. In the event of wind up or dissolution of the Company the liquidator shall, according to the law, use the assets of the Company to satisfy its debts and liabilities. Any balance of assets remaining must not be distributed among the members of the Company but shall be transferred by the liquidator to one or several of the following:

(i) A co-operative or common ownership enterprise having aims similar or compatible to those of the Company, and which shall prohibit the distribution of its income among its membership to an extent at least as great as is imposed on the Company under Clause 4. hereof.

(ii) A charity or charities having aims similar or compatible to those of the Company in such a manner as the members decide at or before the time of winding up or dissolution. This Clause shall not be changed by the members of the Company.

Dated this 19th day of December 2008

R-ECO Memorandum of Association v 1.3.0