Capital Campaign

Help Us Dig In

Serving 18,000

House 3
House 2


As a cooperative, we’re always thinking about new ways to bring value to our members. And as an electric utility, we’re regularly upgrading and replacing equipment to ensure reliable service and safety. Usually when we buy new equipment, we go through a lender  and borrow from them, and they get the interest on the amount financed.

Then we had an idea: what if we could pay YOU that interest, instead of the finance company? If we offer our members the opportunity to finance our next equipment purchase, we could pay interest back to our members and keep more of our money local.

Our goal is to purchase a new digger truck, and we’re asking if you would like to help us finance it. This is an opportunity to grow our cooperative economy and serve you by paying you the interest!


This is an opportunity to grow our cooperative economically and serves you by paying you the interest.  We are seeking to raise $370,000 in loans of $1,000 and up to $8,000 by January 30, 2024.  This money will earn 5% interest and will be paid back over 5 years.  This opportunity is only available to members of NineStar who are bona fide residents of Indiana.

You can invest in NineStar’s Capital Campaign that allows you to invest in our capacity while earning a return on your investment! The minimum investment is $1,000, with a 5% return on investment (ROI) with a 5-year term.*

Program Details:

  • Goal – $370,000.00
  • Equipment to be purchased – Digger Truck (electric division)
  • Timeframe of Offer – 11/01/2023 to 01/30/2024
  • Notes – $1,000 increments up to $8,000 per member
  • Interest – 5% (simple interest)
  • Term – 5 Years, interest plus 1/5 of the investment amount paid out each year
Open ToMinimum
TermInterest Rate
Any NineStar Member
Residing in Indiana

Questions? Please send and email to

Request Information:

Are you interested in investing in our capital campaign? Please fill out the information below to receive more information.

Capital Campaign 2023/2024

Frequently Asked Questions

A capital campaign is a targeted fundraising campaign that your non-profit launches to raise money for a specific (and usually large) project.

Instead of taking out a big loan with a bank, NineStar will instead take out many smaller loans with its members. As a member-owner in Indiana, you can transfer funds that you might have in a CD or a money market to instead invest in your Co-op.

It’s pretty simple! We’re buying a new digger truck, and instead of our usual financing method we’re letting YOU earn 5% interest for 5 years if you loan $1,000 to $8,000 to help us buy this truck.

As a Not-for-Profit Cooperative Business, we are always looking for more ways to serve our members. We offered a similar program in 2021 and we thought this would be a great way for our members to earn some money.

Not at all! We buy new equipment regularly and usually finance it like most businesses do with large purchases. This time we want our members to receive the interest from the financing.

Nope, this is completely voluntary.

The money will be used to buy a new digger truck that is used for line maintenance and repair on our electric lines.

We are first offering this to our members who have not invested with us in the past.  If you would like to be put on a wait list in case we open it up to those that have already invested – please email or call 317.326.3131 to be added to the wait list. 

The program is only open to residents of Indiana who are also members of NineStar Connect who were not investors during our first program.

Your principle, plus any interest accrued, will be returned to you if you move out of the NineStar territory. 

Yes. Other types of co-ops around the country routinely raise money from their members to help them pay for new facilities and equipment. With your help, we can do this!

We set that minimum so that we’ll have a manageable number of loans. It is fine if you don’t want to loan that much. We appreciate you being a member of NineStar Connect and you can help by telling your friends and neighbors who are also NineStar Connect members in Indiana that they could consider the offer.

Just fill out the online inquiry form below. Someone from NineStar will reach back out to you to discuss the process and answer any questions you may have.

No we are only accepting checks from your credit union or bank account.

Unfortunately we are legally restricted to Indiana residents.

Your loan is part of your estate and is treated like the rest of your assets. Consult with your financial advisors about it.

You should not expect to get the money back early. 

Unfortunately only our trained staff can use these trucks. Any time you see one, though, you can think “I helped buy that truck!” and you’ll know that you are earning extra money because you are a member of NineStar Connect!

This is the 2nd time we’ve offered the program. If we continue to receive interest, I’m sure there will be more opportunities in the future. We’ll let you know if there are!

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

This is an unsecured loan.

Interest will be paid out annually, along with 1/5 of your principal amount each year. 

Yes, the interest is taxable and we will issue 1099 forms.

Yes, our comparative balance sheet and statement of operations are included in the offering memorandum, which is part of the paperwork that is sent to you.

* Sales will only be made to residents or businesses domiciled in Indiana. O­ffers and sales of these securities are made under an exemption from registration and have not been registered under the Securities Act of 1933. For a period of six months from the date of the sale by the issuer of the securities, any resale of the securities (or the underlying securities in the case of convertible securities) shall be made only to persons or businesses residing within the state or territory of Indiana.

The security has not been reviewed or recommended by the state or federal governments.