20 Apr '12, 10am

Would you invest in community owned energy projects? via @BusinessGreen

An innovative investment platform designed to make it easier for communities to raise capital for green energy projects has today invited businesses and individuals to invest as little as £5 in its first wind turbine. Abundance Generation launched its first project today, setting out plans to raise up to £1.3m for Resilient Energy 's Great Dunkilns wind turbine in the Forest of Dean. FURTHER READING RSPB flies with wind turbine plan Coca-Cola champions personal carbon budgets Abundance will raise the money by offering debentures – a type of bond issued by an individual project. In return, the project commits to pay the member a share of the profits it makes generating green energy. The platform is aimed at individuals who are unable to install their own onsite wind turbines or solar panels but want to benefit from the returns of green energy projects. It will also be open ...

Full article: http://www.businessgreen.com/bg/news/2169215/invest-fiver...

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