UK renewable energy company Ecotricity has launched its fourth ecobond offering, providing investors who are company customers a 5% return a year.
Other investors will be offered a 4.5% a year rate of return, the company said.
The bond follows three previous issues that raised almost £38m, it added.
Ecotricity founder Dale Vince (pictured) said: “We’ve made great progress over the last 12 months – we’re supplying green energy to over 190,000 customers, we’ve finished four new wind parks, and we’ve just got approval to build our first green gas mill, the first of its kind in Britain.”
Image: Ecotricity
