greatmarko
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Post by greatmarko on Dec 13, 2017 9:56:49 GMT
Hmm... the returns calculator doesn't tie up with the information in the offer document!
For an example £1k investment, the returns calculator indicates that on 31 December 2020, the total return would be £1,633.97. Yet, the offer document indicates (on page 28) that the total return for a £1k investment on 31 December 2020 would be £1,090.80.... quite some difference!
UPDATE: It appears the returns calculator makes the assumption that at least one site achieves planning permission and is sold before the end of December 2020
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Steerpike
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Post by Steerpike on Dec 13, 2017 10:09:14 GMT
Also the I*I P*mp company. Isn't that the same company as the AC wind mill thing ? Which is currently having a bit of bother ? A recent name change for the company associated with the AC loans appears to confirm that the I*I company is no longer directly involved with the 4 AC loans.
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ferdy
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Post by ferdy on Dec 13, 2017 11:45:07 GMT
I notice that the C****C R********S loan is now live. I have not had an email about this yet. I*I P*mp also live from early this morning but no email. Anybody had one ? Edit. Arrived 13.38
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greatmarko
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Post by greatmarko on Dec 13, 2017 12:21:12 GMT
I notice that the C****C R********S loan is now live. I have not had an email about this yet. I*I P*mp also live from early this morning but no email. Anybody had one ? Nope. Not yet! UPDATE: Email received at 13:37
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shimself
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Post by shimself on Dec 13, 2017 14:13:09 GMT
Also the I*I P*mp company. Isn't that the same company as the AC wind mill thing ? Which is currently having a bit of bother ? A recent name change for the company associated with the AC loans appears to confirm that the I*I company is no longer directly involved with the 4 AC loans. I hadn't spotted that, but still the point is that I** financed the four turbines on AC and that lenders will likely lose money, and it's not simply bad luck, it's bad management imo.
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Steerpike
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Post by Steerpike on Dec 13, 2017 14:32:44 GMT
A recent name change for the company associated with the AC loans appears to confirm that the I*I company is no longer directly involved with the 4 AC loans. I hadn't spotted that, but still the point is that I** financed the four turbines on AC and that lenders will likely lose money, and it's not simply bad luck, it's bad management imo. I am not sure about that, the name change was recent but I think that the ownership has not changed recently, if so it may be that the AC loans were never held by I*I (although the companies still bore that name).
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shimself
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Post by shimself on Dec 13, 2017 14:40:00 GMT
I hadn't spotted that, but still the point is that I** financed the four turbines on AC and that lenders will likely lose money, and it's not simply bad luck, it's bad management imo. I am not sure about that, the name change was recent but I think that the ownership has not changed recently, if so it may be that the AC loans were never held by I*I (although the companies still bore that name). The blurb for the project tells us that I** have From 2008 to 2016, we successfully secured planning permission for 96 wind turbinesI'm sure a lot of ducking and diving will be taking place around the famous four flops, but they are surely definitely connected Anyway both of these projects should be equity, the outcome could be a 100% loss if they don't succeed
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Post by captainconfident on Dec 13, 2017 16:45:23 GMT
Aw I don't know now. I was all set to invest in both, but I'm in doubt now. I dodged the I*I turbines on AC, some alarm bell or other, but then AC showed the allocations in the Green Investment Account and it turned out that I own at least one and a half blades and a gearbox.
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Steerpike
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Post by Steerpike on Jun 21, 2019 11:04:50 GMT
C****c R********s hasn't gone quite as well as expected and investors now have a decision to make, I have asked for more details about the arrangements with the other party.
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Steerpike
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Post by Steerpike on Jun 25, 2019 17:02:47 GMT
It will be interesting to see if enough investors in the debenture vote by 10th July in favour of the proposal for restructuring the C****c R********s G*********h project and how many decide to add to their investment, currently, I am undecided on the former and unlikely to take part in the latter.
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scc
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Post by scc on Jun 25, 2019 21:34:56 GMT
I voted yes, despite some of the unattractive changes to the T&Cs. This was one of the ones I downsized my holding in a year or two back, but kept a little in. Got out of the other one mentioned in the thread title.
Abundance are not having much luck on the more recent projects, are they?
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Post by GentlemansFamilyFinances on Jun 27, 2019 14:54:41 GMT
I've voted for the resolution - not because I like it as such, but because the alternative is not at all appealing.
If the judicial review is positive - then I'll probably invest more in.
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Post by GentlemansFamilyFinances on Jul 5, 2019 12:22:06 GMT
If you do want to invest - you'll need to be fast it would appear.
C****c R********s has raised over £385k and it maybe only opened for funding today and only for existing holders.
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Post by brianac on Jul 8, 2019 18:15:22 GMT
Close date just extended until end of month, just trying to get my head around it.
i.e. is it a good thing (tm) or bad?
Brian
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