Considering the adverse publicity A*******e should be receiving for the M*****w V*****y CHP debacle, it is rather surprising to see this rolled out now. Perhaps A*******e needs the shares to exchange for its M*****w V*****y CHP debentures.
Post by GentlemansFamilyFinances on Oct 1, 2018 14:35:46 GMT
I don't think that you can say that Abundance are simple responsible for one project that is looking a bit iffy. They have had how many projects - 43 I think - which are performing, which seems to be a similar performance to say Funding Circle which has an IPO going on and a valuation at £1 billion or so.
I'm tempted to invest in Abundance - I'll read the offer doc of course, but I'd like to know where is the money going to. I haven't invested in FC due to me thinking this is the owners cashing in. If there was EIS relief that would be a real bonus too!
Long time investor in P2P Lending - I've seen the good, the bad and the ugly! I have a blog that you can have a look at - covers personal finance, family life and our family journey towards FIRE. gentlemansfamilyfinances.com/ My blog contains referral links which you should be aware of.
Yeah, I see them as a decently run ship all in all (although I think more than one of their projects looks a little wobbly). Their customer service is excellent, for example. I am curious what the future looks like for them because they've always had a somewhat slow pipeline - and I'm not entirely convinced the demand or supply is there for more multi-million pound debentures like those of late. Sadly, I can't see us going back to the days of relatively small raises with a good return for renewable energy projects. At least, not until the tech gets cheaper and/or the government friendlier.