lobster
Member of DD Central
Posts: 636 
Likes: 467
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Post by lobster on Apr 12, 2016 7:30:14 GMT
Made my first investment of £500 into GEIA about a week ago , during which time precisely £6.22 has been invested  . Anyone know if this is normal ? Anyone had better luck recently ? I'm very tempted just to withdraw the funds and forget about the GEIA. It appears to be so green that it doesn't believe in investing your money at all ! |
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Post by chris on Apr 12, 2016 7:37:19 GMT
Made my first investment of £500 into GEIA about a week ago , during which time precisely £6.22 has been invested . Anyone know if this is normal ? Anyone had better luck recently ? I'm very tempted just to withdraw the funds and forget about the GEIA. It appears to be so green that it doesn't believe in investing your money at all ! There is very limited availability of loans at the moment that qualify for the GEIA due to the changes the government made to the tariffs paid on electricity generated by them. We are working on alternative solutions, and there are still a couple of wind farms in the pipeline, but it's likely to be a few months before these changes convert into a regular supply of loans. So at the moment you're limited to investors selling out of existing green loans which doesn't seem to be a popular past time. The GBBA currently has much better prospects of deploying your money quickly simply due to the availability of qualifying loans.
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