Renewable energy has enjoyed a huge boost from retail investors in 2013 – according to a report which analyses the year and what it has meant for the UK.
IPOs were responsible for the lion’s share of investment, with renewables benefiting from a general increase in Stock Exchange listings this year. The amount raised by renewable energy companies increased from a few million in 2012 to slightly more than £1bn in 2013, from institutional and some private investors. There were five IPOs of investment companies specialising in renewable energy this year.
The launch of two retail bonds in October: Good Energy and Energy Bonds, generated additional revenue for the sector of £22.5m from retail investors.
Small investors have also helped to fund community projects from small-scale right up to some of the biggest solar and wind parks in the UK, attracted by uncorrelated, steady returns made up of electricity revenues and subsidies.
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