Table 4.

Funding opportunities.

	Equity financing	Debt financing	Grants
Investors	Citizens, municipalities, SMEs	Typically banks and funds, but also citizens, municipalities and SMEs	Public authorities, charities, funds, companies, citizens
Investor becomes a member	Yes	No	No
Deadline	Long-term	Short-term	Variable
Investor benefits	Power of control. Dividend.	Financial remuneration for lending capital	Nothing
Benefits compared with other forms	More flexible and cheap. Control remains with the energy community	Bigger group of potential investors. Potential fast provision.	Free funding
Investor risks	In the event of bankruptcy, it is the last to be reimbursed	In the event of bankruptcy, it is the first to be reimbursed	Misappropriation
Forms	Share	Loan, bond	Loan, bond