Community Renewable Energy

Permaculture magazine
Thursday, 30th October 2014

Triodos Renewables has launched a major £5 million share offer.

Working with Trillion Fund, the crowd financing platform for renewable energy, to promote and distribute the offer, the scheme will enable people to invest from as little as £50 - the lowest ever minimum investment for a Triodos Renewables share issue.

The money raised will be directly invested in constructing new UK renewable energy generating projects, allowing the company to further grow its renewable electricity generation capacity. The company already owns and operates 11 renewable energy projects across the UK totalling 53 MW (supplying ovr 30,000 homes), including the recently constructed Avonmouth wind farm near Bristol, and is developing a further four, including Boardinghouse in Cambridgeshire.

In summary:

Individuals offered chance to co-own renewable energy projects by participating in £5m retail share issue
• Investing from as little as £50.16 (initial offer), Triodos Renewables makes energy investment accessible to wider public
Share price set at £2.28 per new ordinary share 
Share price growth of 63% since 20051

Executive Director of Triodos Renewables Matthew Clayton comments: "We've decided to lower our minimum investment because we believe that investing in renewable energy should be an option to everyone and we want to provide a rewarding connection with renewable energy for even more people." 

The offer is open to both new investors and existing shareholders and the shares are tradable on a Matched Bargain Market marketed by Ethex and operated by Capita Share Dealing Services Ltd.

Triodos Renewables shareholders have received dividends in eight of the past nine years with an average dividend yield of 1.7% over the past three years. In addition to this existing shareholders in Triodos Renewables have benefited from consistent capital growth since 2005.

By opening up the share offer to people with as little as £50 to invest, Triodos Renewables is growing its community of investors who want to see more home-grown clean energy, as well as a fair return on their investment.

Trillion Fund CEO Julia Groves says: “Renewable energy can offer decent, steady returns for investors, with the added benefit of knowing your money is doing something good. With more than one billion pounds invested in renewable in 2013, ordinary investors are waking up to opportunities to put their money to work and get a share of the profits, even if they have as little as £50 to invest.”

Triodos Renewables is owned by an ever growing number of shareholders. Already more than 5000 people have invested in the company. The company aims to provide es a steady revenue stream with its focus on sound projects that use proven technologies such as wind and hydro and operate on long-term contracts. Over the last year the company has increased its power generation capacity by 42% and it now owns and operates 11 sites around the UK with a combined capacity of 53.4MW, sufficient to generate enough clean, green electricity to power 34,200 homes.2 It is currently developing two new sites in Cambridgeshire and two in Scotland and is on the right trajectory to reach its aim of 125MW renewable energy operating capacity by 2020.

Triodos Renewables generated a record level of income last year through their continued investment in renewable energy projects. Income reached over £10m in 2013 and their level of fixed assets was £67 million as at 31 December 2013.

Commenting on today’s announcement, Matthew Clayton, Executive Director of Triodos Renewables said: “In launching this share issue we are giving investors the opportunity to participate directly in the energy revolution currently taking place in the UK by taking direct ownership of some of the country’s flagship renewable power projects. We grew our renewable energy generation capacity by 42% last year and generated record levels of green energy helping to achieve the UK’s target of generating 15% of renewable energy generation by 2020.”

For more information: visit www.triodosrenewables.co.uk or call 0117 980 9717 or email [email protected] 

For more information on Trillion Fund renewables visit HERE

Investment decisions should only be made on the basis of the Investment Memorandum and not on any information provided in this press release.

1 Based on the share price as calculated by the Directors in 2005 and 2014.

2 Estimate based on most recent statistics from the Department of Energy and Climate Change showing that annual UK average domestic household consumption is 4,170kWh

Further resources

Renewable energy generation hits all time highs in Denmark and Germany

Read: A Students' Guide to Saving Money and the Planet

Read: Do It Yourself 12 Volt Solar Power available in print or as an eBook

SWITCH to Good Energy, a UK renewable energy company that does not buy gas, coal or nuclear powered electricity. GET A QUOTE HERE.

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