Renewable investment platform Abundance recently reflected on its platform success in 2020. As previously reported, Abundance launched its first investment in 2012, allowing anyone to invest in renewable energy projects. Since that time, Abundance has funded 34 investments raising over £75 million while returning £12.1 million to investors. Abundance is considered the first FCA regulated peer-to-peer investment company.
“We have broken the mould from the start. We became the UK’s first regulated crowdfunding company in 2011. We launched our first investment in 2012, allowing anyone over 18 to invest in renewable energy projects from as little as £5 for the first time. Since then we have funded 44 investments, making a real difference in energy, social housing, and recycling technologies, raising over £109 million in the process.”
Abundance also noted that it allows anyone to mobilize their money for good and it helps people get directly involved in the transition to Net Zero in a way that also fits their financial needs.
“Our investors are leaders in the fight to tackle the climate emergency, by putting their money to work backing everything from councils to turbines to green-tech innovations.”
The platform revealed that in 2020, the platform saw more than £9 million funded in new community, sustainable, family, and housing investments. It was then noted that more than 1,500 shareholders and over 7,000 investors are now on the platform. Abundance claimed it successfully funded the UK’s first community municipal investments with West Berkshire and Warrington Borough Councils (£1 million each).