Just over three weeks ago the Good Energy Group launched Good Energy Bonds, with a maturity of four years, an annual interest rate of 7.25% and a minimum investment of £500, offering its customers and the public an opportunity to be part of building a cleaner, greener future. Good Energy supplies electricity generated from renewable sources, such as wind, solar and hydroelectric power, and intends to use the capital raised to fund an expansion of its energy generating capacity.
It was the first company listed on the Alternative Investment Market (AIM) to issue a corporate bond aimed at retail investors.
On Thursday this week, Juliet Davenport CEO, announced that the Good Energy Bonds offer closed three weeks ahead of schedule, having received applications in excess of £15 million, the maximum amount permitted.
Ethical Consumer has selected Good Energy as the best green electricity supplier. GE topped their survey of green electricity tariffs and also achieved the highest score for its dual fuel gas tariff.
Rob Harrison co-editor of Ethical Consumer said: “Good Energy has consistently come out top in every green energy product guide that Ethical Consumer has ever published. This is because of Good Energy’s pioneering approach to renewable energy and their whole company ethos which is based around tackling climate change, the biggest environmental challenge of our age.”
Good Energy also topped the Which? Energy Company Satisfaction Survey for the second year running. The company was highly commended for its customer service and was the only company awarded the top five-star rating for energy efficiency advice.
The Ethical Consumer magazine concluded that the big six energy companies were not doing enough to prevent serious climate change and urged consumers to switch to greener energy providers.