Good Energy, the AIM-listed renewable energy supply and generation company, is pleased to announce that its second corporate bond (“Good Energy Bonds II”) is closed with the Company receiving valid applications for £16.7 million.
Juliet Davenport, OBE, Founder and CEO of Good Energy commented:
“I am thrilled and humbled by the huge vote of confidence in our business and purpose by customers and investors alike and it is testimony to the value of putting customers and stakeholders at the heart of our funding strategy.
These funds will help support and enhance the delivery of our new strategy as we explore opportunities in exciting new business areas including green business consultancy and solutions to promote the wider use of electric vehicles and energy storage.
Those committed to a cleaner, greener, fairer future are coming together in a global movement that has never been more powerful than it is today and I’m thrilled that the Good Energy family – our customers, our investors, our shareholders, our staff, our generators and our partners are at the heart of it.”
In addition to the valid applications set out above, the Company has a small number of additional applications for Good Energy Bonds II that are still in the process of being cleared. These additional applications will not materially change the results of Good Energy Bonds II and no further applications are being accepted.
The Company expects to allot Good Energy Bonds II on 30 June 2017.
Capitalised terms have the same meaning as in the Invitation Document unless the context requires otherwise.
This announcement contains information which, prior to its disclosure, was inside information for the purpose of the Market Abuse Regulation.