Thrive is a certified B Corp with a 30-year track record in delivering new clean energy projects and providing opportunities for communities to own wind and solar farms in their neighbourhood. Over three decades, the organisation – which is backed by over 6,000 investors – has raised more than £63 million via crowdfunding and helped finance 45 wind, solar, hydro, storage, tidal and geothermal projects, including six that are community owned. 

This new bond offer will allow investors looking for both a financial and social return to back new renewable energy projects that help tackle the climate emergency and support local communities.

The five-year bond will have a low minimum investment of £25, paying 5.5% gross interest per year. Interest payments and repayment of capital are not guaranteed.  

The bond is eligible for to be held in the Triodos Innovative Finance ISA (IFISA), that allows interest to be received tax-free. Like all ISAs, the Innovative Finance ISA is subject to eligibility criteria and tax treatment depends on individual circumstances. ISA eligibility does not guarantee returns or protect consumers from losing their money. 

Alongside institutional bond finance, the crowdfunding bond proceeds will support the development and construction of two new wind farms. These include a wind farm in the Scottish Borders, which – with 14 turbines and 57MW capacity – is Thrive’s biggest project to date. Once operational, it will be capable of generating up to 149,400 MWh of clean electricity per year, the equivalent of powering around 45,000 average UK homes, and delivering 65,300 tonnes of carbon dioxide emissions reductions annually.

The finance will also be used to fund development of the Abergorki wind farm in Rhondda Cynon Taf, South Wales. The three-turbine project is expected to begin operating in 2027 and will be capable of generating up to 40,000 MWh of clean electricity per year, the equivalent of powering over 12,400 average Welsh homes.

Matthew Clayton, CEO of Thrive Renewables, commented: “For thirty years we’ve been proving that people-powered investment can accelerate the UK’s transition to clean energy. With this new bond, investors will be directly enabling the construction of two major wind farms, alongside strengthening the community energy movement we’ve championed for decades.

“We know many people are looking for ways to take meaningful climate action, and this offer gives them the chance to do exactly that – backing real projects, delivering real impact.”

Triodos Bank UK has worked with Thrive on multiple share offers and bond raises, bringing opportunities for values-led investors to support the energy transition.

Whitni Thomas, head of corporate finance at Triodos Bank UK, added:“Values‑led investors want opportunities that combine strong climate impact with a transparent, mission-driven approach. By helping finance two new onshore wind farms and further community energy initiatives, investors will be contributing to the kind of systemic change the UK urgently needs.”

Key terms of the bond

  • Issuer: Thrive Renewables PLC
  • Target amount: £5,000,000 from retail crowdfunding, with a further £5,000,000 from institutional investors
  • Term: Five years with 5.5% gross interest, paid annually in arrears. Payment of interest and repayment of capital are not guaranteed.
  • ISA eligibility:  This investment can be held in the Triodos Innovative Finance ISA (IFISA), that allows interest to be received tax-free. The Innovative Finance ISA is subject to eligibility criteria and tax treatment depends on individual circumstances. ISA eligibility does not guarantee returns or protect consumers from losing their money.
  • Minimum investment: £25
  • Closing date: 16 April 2026, unless fully subscribed earlier or the offer is extended
  • Offer document: triodoscrowdfunding.co.uk (applications only via platform)

Important information

Investments offered on the Triodos crowdfunding platform are not readily realisable, which means that they may be difficult to sell, and you may not get back the full amount invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and your capital is at risk and returns are not guaranteed. Repayment of capital and interest will be dependent on the success of the organisation's business model and past performance isn’t a reliable indicator of future performance. You should always read the offer document in full before deciding whether to invest as it will cover risks specific to an individual investment. You can read more about the general risks associated with making these types of investments here. If you are unsure if any of these investments are right for you, you should contact an Independent Financial Adviser. 

– Ends –

NOTES TO EDITORS  

For further information and photos please contact:  

Ellie James, Triodos Bank UK: [email protected] / 0117 311 0241 

Alex Lomax, Thrive Renewables: [email protected] / 0117 428 1859

About Thrive Renewables

Thrive Renewables is a renewable energy investment company that has been funding, building and operating renewable energy projects in the UK for 30 years.

The company’s portfolio currently consists of 35 projects, the majority of which are operational with others in advanced stages of development and construction. Its portfolio generated over 134,600 MWh of renewable electricity in 2025, delivering emissions reductions equivalent to 64,343 tCO2e. 

Vision: We believe in the power of together. A world where everyone can be part of the clean energy generation.

Mission: Putting money to work building new sustainable energy projects and empowering people to take action to address the climate emergency.

About Triodos Bank 

Founded in 1980, Triodos Bank has become a frontrunner in sustainable banking globally. As an independent bank that promotes responsible and transparent banking, it does not see any conflict between a focus on people and the planet and a good financial return. Instead it believes that they reinforce each other in the long-term.  

Triodos Bank has banking activities in the Netherlands, Belgium, the UK, Spain and Germany as well as Investment Management activities based in the Netherlands but active globally. Triodos Bank co-founded the Global Alliance for Banking on Values (GABV), a network of sustainable banks. Together these banks want to grow sustainable banking and its impact on the real economy substantially. 

This financial promotion was issued by Triodos Bank UK Ltd, which is a wholly owned subsidiary of Triodos Bank NV. Registered Office: Deanery Road, Bristol, BS1 5AS. Registered in England and Wales Company No. 11379025. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 817008. VAT reg no 793493383.