Renewable energy supply and generation company Good Energy Group has launched its second corporate bond to raise at least £10m to fund new projects and “corporate initiatives”.
The company has set an over-subscription maximum of £20m for the bond, which has a coupon of up to 5%.
The second bond has an initial term of four years and investments can be made in multiples of £250.
Investors in Good Energy’s first corporate bond will be able to roll over some or all of their investment into the new bond.
Applications for the offer are due to close on 5 June.
Image: Good Energy
Good Energy issues £10m bond
Proceeds will fund new renewables projects and ‘corporate initiatives'
By EBS