Renewable Energy Community - a legal entity incorporated pursuant to this Decree Law, whether for profit or not, based on an open and voluntary adhesion of its members, partners or shareholders, which may be natural or legal persons, of public or private nature, including, namely, small and medium-sized enterprises or local authorities, which is autonomous from its members or partners, but effectively controlled by them, provided that and cumulatively:
(a) The members or participants are located in the vicinity of the renewable energy projects or carry out activities related to the renewable energy projects of the respective energy community;
(b) the said projects are owned and operated by the said legal person;
(c) the main objective of the legal person is to provide environmental, economic and social benefits to the members or localities where the community operates, rather than financial gain.