Tag: Triodos

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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Charitable social enterprise, LEYF, launches charity bond as first step in next phase of growth

Stuart Mitchell

One of the UK’s largest charitable social enterprises, London Early Years Foundation (LEYF), is launching a £1.5 million charity bond as part of its future growth plans to transform early childhood. Its ambition is to provide 10,000 children across Greater London with access to high-quality and affordable Early Years education, particularly those from disadvantaged backgrounds. This long-term strategy will more than double LEYF’s existing portfolio of 39 nurseries to approximately 80 in the future. The charity bond offer is one of the first steps in LEYF’s forward-thinking plans to raise…

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Charity launches community renewable energy bond on the Triodos Crowdfunding platform

Stuart Mitchell

Triodos Bank UK is launching a £4.7 million community renewable energy bond offer on its crowdfunding platform for Empower Community Foundation. The bond has a term of 16 years paying 4.25% gross interest annually. The interest rate will rise with inflation each year. As with all investments, interest payments and return of capital are not guaranteed. There is a £50 minimum investment, and the bond is eligible to be held in a Triodos Innovative Finance ISA (IFISA) that allows interest to be received tax-free. ISA eligibility does not guarantee returns or…

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Investors offered the opportunity to support the growth of low-carbon heating in the UK

Stuart Mitchell

One of the UK’s largest owner-operators of ground source heat pump systems (Renewable Heat Holdings Limited RHHL) is seeking to raise a total of £3 million in crowdfunding investment via Triodos Bank to accelerate the installation of ground source heat pumps in the UK – an important step in helping to lower the country’s carbon emissions. Currently, 78% of energy used to heat buildings is powered by gas. The transition to low energy heating remains significantly behind renewable electricity generation in the UK and is central to the plan to reach net…

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Triodos named UK’s Best Sustainable Bank

Stuart Mitchell

Triodos Bank UK has been recognised as ‘Best Sustainable Bank – UK’ at this year’s Responsible Banking Awards, run by CFI.co. Triodos Bank UK was noted in the judges’ report for serving as an international reference point for the balancing of ethical banking and business success. The award recognises the bank’s work across areas of sustainability including organic food and farming, nature-based investing, social housing, and as early pioneers in the funding of the clean energy transition. Bevis Watts, CEO of Triodos Bank UK, commented: “Sustainability is absolutely at the…

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