Triodos driving the next phase of growth for renewable energy
Triodos Renewables' 2011 Share Issue is an opportunity to both shape and share the rewards from a greener future for UK energy.
The public share issue launched in early July and will run over the summer.
Since the last public share issue in 2008, the energy capacity has grown by 57% from 23.5 MW to 36.8 MW. Triodos's portfolio now generates sufficient clean, green electricity to power 24,500 homes. Capacity to deliver to a further 1,100 homes (2.4 MW) is expected to be on stream by the end of the year. The capital raised by the 2011 share issue will enable Triodos to increase thier portfolio of renewable energy projects and take advantage of the pipeline of opportunities including 16.7 MW of capacity under exclusive agreements.
In real terms this means that new funds of £15 million could deliver energy for an extra 15,000 homes.
James Vaccaro, Managing Director said
"There's never been a better time to invest in renewable energy. With over 15 years of experience in the sector, we now generate enough electricity for 24,500 homes. With capital raised from 4,000 individual shareholders we have become the most widely owned renewable energy company in the country. We give individuals the chance to own the 'nuts and bolts' of the energy sources of the future. And now, we'd like you to join us."
