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Post by GentlemansFamilyFinances on Jun 12, 2020 11:37:13 GMT
There's a new project available on Abundance for an anaerobic digestion development.
Prospective returns of 7.1% over the project life. I think £2.6m is being raised and it closes in August.
Early uptake has been fast (compared to what else they have)
I'm surprised that AG have not been involved in any of these before ad i have invested everywhere in the past and know a bit about the technology and economics.
There was a boom a few years back and the green credentials are clear.
I'll probably invest closer to the time.
Any other thoughts?
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Post by stan88 on Jun 14, 2020 13:08:45 GMT
I've invested in this, the fact that the Germany company BioG are a partner caught my eye. The early fast take up however will be mostly down to large half yearly payments still I hope it does well. The up and coming Community Municipal Investments sound interesting, low returns I suspect but safe (well who knows these days) and long term.
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Post by GentlemansFamilyFinances on Jul 7, 2020 9:09:21 GMT
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Post by stan88 on Feb 25, 2021 17:08:32 GMT
Unfortunately another project that will not go ahead because of Ofgem. Abundance did not pass the money over until the Ofgem audit so we will get it back with a 1.5% bonus which I have to commend Abundance for. However I am beginning to wonder just what if any plan does this government have to get to net zero carbon. At the moment the plan seems to be, pay lip service to green investment meanwhile lets open a coal mine (don't tell anyone about the steel mill in Sweden that doesn't use coal).
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Post by GentlemansFamilyFinances on Feb 27, 2021 22:57:18 GMT
Yeah, I got around 0.6% or so I think for putting my money in.
Better interest than the bank account but I'd rather it was doing something than nothing.
Government policy is an area that enters wide ranging views, opinions and verges on political dogma and tribal politics.
I think that the current government will pay lip service to everything but do nothing.
A good example was the 4 year ban on onshore windfarms. There's billions going into offshore windfarms but onshore have potentially much faster development times and there's easier infrastructure challenges PLUS IT'S NOT AN EITHER OR DECISION!
The ban made no sense at all unless you think that the government lacks clear and principled decision making. Instead they just go for the move that makes positive headlines today lest you piss off Murdoch or country living Tory voters.
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