Preferred Stock Offerings

CEF invites members living in Minnesota to invest in an energy future that is clean, local and ours. Our detailed member investment offering and how to invest is only available to member who live in Minnesota; if you are a member living in Minnesota please contact our General Manager to be sent investment details. If you want to become a member but aren’t one yet, visit our Membership page.

CEF also has a current investment offering available to accredited investors nationwide.

Preferred stock allows investment in CEF, enabling us to build more projects, grow our organization, and ensure community ownership for all members. Preferred stock investors receive annual dividends approved by the Board before any profit distributions go to members as a whole.

CEF has previously offered four rounds of Preferred Stock:

Class A Preferred Stock, offered April 2017-March 2018 to members living in MN:

24 members participated in our initial Preferred Stock offer raising a total of $501,000, with an expected annual dividend of 8%. CEF began paying dividends in early 2019 based on 2018 income.

Class A-1 Preferred Stock, offered April 2019-March 2021 to members living in MN:

98 members participated in our second Preferred Stock offer, which was extended by a year based on the COVID-19 pandemic. This offering raised a total to $1,021,000 with an expected annual dividend of 6%. CEF began paying dividends for investors who invested by March 2020 in early 2021 based on 2020 income, and will authorize dividends for all Class A-1 investors in early 2022 based on 2021 income.

Class B Preferred Stock, offered June 2019-June 2020 in specific states:

CEF issued Class B stock to out-of-state investors living in a few states and raised a total of $153,000 with an expected dividend of 5%. CEF began paying dividends in early 2021 based on 2020 income.

Class B-1 Preferred Stock, offered July 2021-June 2022 to accredited investors nationwide:

CEF issued Class B-1 stock to accredited investors nationwide, primarily targeting foundation investments and impact investment offices. CEF raised a total of $1,000,000 from 3 institutional investors with an expected dividend of 6%. CEF began paying dividends in early 2022 based on 2021 income.