In 2016 Thrive Renewables (Buchan) Limited raised £3 million through a secured bond. The bond repaid an inter-company loan to Thrive Renewables plc which had allowed the purchase of two wind turbines at Auchtygills and Clayfords, and has enabled Thrive Renewables plc to invest in more renewable energy projects.
Thrive Renewables’ purpose is to provide individuals with a rewarding connection to sustainable energy. Their community of investors is united with a common mission – to play a meaningful role in addressing climate change. Read more
The turbines at Auchtygills and Clayfords have performed in line with expectations. Both projects achieved full accreditation during 2016 for the government’s guaranteed 20-year Feed In Tariff (FIT) pricing support.
15 July 2017
5.5% gross per year
payable net of UK basic tax annually
Operations at Auchtygills and Clayfords during 2016 exported enough renewable electricity to the grid network to power the equivalent of over 1,000 UK homes
Thrive Renewables plc's mission is to provide individuals with an opportunity to have a rewarding connection with sustainable energy.
Thrive Renewables (Buchan) Limited’s two operational turbines generated 4,151 MWh of electricity in 2016 – enough to power around 1,000 homes.
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