14 Oct '12, 11pm

Renewable energy – the gift that keeps on giving

An innovative investment platform allowing contributions of as little as £5 in green energy projects has launched a new service encouraging bonds to be given to children or newly-wed couples as presents. Abundance Generation raises money for community renewable energy schemes 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. FURTHER READING Ecology Building Society passes £100m milestone Electric car club sweeps Nissan LEAFs into Milton Keynes Until now investors have only been able to buy Abundance's debentures for themselves or go through a complicated process of setting up a trust fund if they wanted to invest for their children. But Abundance launched a free service on Friday that is designed to make it easier to gift investments. Karl Harder...

Full article: http://www.businessgreen.com/bg/news/2216833/renewable-en...

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