Good Energy closes it’s bond offer early
Good Energy has closed it’s bond offer almost three weeks early, having received subscriptions for the maximum £15 million.
We like Good Energy and recommend that our customers use them once their PV systems are in place. They pay a little bit more for exported energy and are generally a nice bunch to deal with, so we’re pleased that this bond offer has gone so well. With a 7.25% coupon (in fact, 8% with the maturity bonus) and a short four year term, we aren’t surprised that retail investors piled in. We also like to think that it’s a sign that renewable energy investments are being seen as increasingly mainstream and not just for those on the ecological fringes.