Clean energy business Thrive Renewables has raised £6.8m for new green energy generation and storage projects across the UK. The Bristol-based firm said the money from the crowdfund would be used to build some of its pipeline of onshore wind, commercial rooftop solar and battery assets.
The share offer, which was promoted by Triodos Bank UK through its crowdfunding platform, closed on Monday, October 11. Thrive said it reached its original £5m target ahead of deadline so extended the offer.
As well as funding new onshore wind and commercial solar projects, Thrive said it intends to increase its battery storage and baseload capacity, and the collaborative funding available for community energy groups to build renewable energy projects.
