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.

www.goodenergy.co.uk