Distgen launches £2.4M bond to repower Hampshire wind turbine
What happened
Distgen, which operates refurbished community-scale wind turbines, launched a £2.4M bond to finance the repowering of the Faccombe turbine in Hampshire. The new turbine is expected to increase annual generation at the site to approximately 2,479MWh, more than tripling its previous capacity of 795MWh in 2025. The bond campaign was structured by Triodos Bank on the Ethex platform.
From newcivilengineer.com
Why it matters
The project aims to increase local renewable supply, with income supported by the government-backed Feed-in Tariff scheme until January 2032. Triodos Bank and Ethex have formed a partnership to channel more capital toward sustainability projects.
From newcivilengineer.com
Who's involved
- Triodos BankStructured the crowdfunded bond campaign for the repowering project.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Triodos BankSpeculative
Triodos Bank could see its investment portfolio increase by structuring the £2.4M bond campaign on Ethex.