Tag: Thrive Renewables

Thrive Renewables launches new crowdfund following record year of capacity growth

Stuart Mitchell

Thrive Renewables, a pioneer of 30 years in the UK’s clean energy sector, has launched a new £5 million share offer on Triodos Bank’s crowdfunding platform, allowing people to invest in new clean energy projects to tackle the climate emergency. In 2023, Thrive announced ambitious growth plans, with an aim to double the amount of capacity it funds by 2028. Two years later, it has already made significant progress with this goal, securing new project development rights that will take its total capacity from 91.5 to 170.1MW by 2027. In…

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Thrive Renewables and Better Society Capital launch £40 million funding partnership for community energy projects

Stuart Mitchell

Renewable energy investment company, Thrive Renewables plc, has formed a strategic joint venture with the UK’s leading social impact investor, Better Society Capital, to mobilise £40 million for community-owned wind and solar projects across the UK. The new initiative, Community Energy Catalyst, will support local communities to build their own clean energy infrastructure or secure stakes in larger regional renewable energy schemes. Fair Play Clean Energy, Thrive’s existing joint venture with Top Cashback Sustainability Ltd, will provide £20 million of the investment, with Better Society Capital providing matched funding. Community…

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Thrive Renewables launches new share offer as part of five-year plan to double generation capacity

Stuart Mitchell

Thrive Renewables Plc, which has been funding, building and operating clean energy projects for almost thirty years, has launched a new share offer to support its aim to double the amount of renewable energy generation capacity in its portfolio over the next five years. Equity raised through the crowdfunding offer hosted by Triodos Bank UK will be used to build new onshore wind, solar, geothermal and battery storage projects. The company aims to help to transform the UK’s electricity system, reducing its reliance on imported fossil fuels and ultimately reducing…

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Pioneering renewable energy company targets £5m raise in new share offer

Stuart Mitchell

Thrive Renewables, which has been funding clean energy projects since 1994, has launched a crowdfunding offer in order to build new renewable energy generation and storage across the UK. It comes at a critical time for UK energy policy, with renewables a key sector for growth in response to the gas price crisis. Recent development projects Thrive Renewables has invested in include England’s tallest onshore wind turbine in partnership with Ambition Community Energy, a 20MW battery project in Bristol and the UK’s first commercial deep geothermal electricity generation plant in…

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