UK peer-to-peer platform Abundance has launched a crowdfunding scheme to refinance a portfolio of operational medium wind turbines owned by E2 Energy.
The £2.9m proceeds will used to refinance eight turbines located on farms in the north of England with a combined capacity of 1MW.
The turbines installed between 2012 and 2016 are each receiving a feed-in tariff subsidy.
The debentures issued by E2 Energy offer an annual return of 5% for 16 years with interest and capital paid every six months, said Abundance.
Abundance co-founder Bruce Davis said: “For the first time in two years, we’re delighted to bring our customers a wind energy investment.
“These are becoming increasingly rare for ordinary investors, with new development stymied by out-of-touch government policies.”


