2009 abundance nrg ltd headquarters uk key people karl harder director louise wilson director bruce davis director products financial services website http www.abundanceinvestment.com abundance investment formerly abundance generation is a regulated online platform that lets people lend money to projects providing a social and or environmental good from as little as 5 per person . to date investments have gone to renewable energy projects in the uk and investors from across europe receive a share in the returns from generating low carbon electricity . 1 when investors buy a debenture through abundance they are lending money to a project and in return they have the right to a percentage of the revenue or profit generated mostly from the sale of the electricity produced by the project . abundance investment is open to all uk residents over 18 residents from the european economic area eea switzerland and not us citizens and is authorised and regulated by the financial conduct authority . currently abundance focuses on a range of renewable energy projects but is looking to offer other ethical and social beneficial investments in the future that contribute to a green economy . contents 1 risks of investing in renewable energy 2 history and aims 3 returns 4 the website 5 see also 6 references 7 external links risks of investing in renewable energy edit all investment carries risk and abundance as a regulated crowdfunding platform is required to clearly set out these risks for all potential investors . for renewable energy projects something could go wrong and an investor may not get back all or any of their original investment . abundance debentures are usually long term investments which investors should expect to hold for the full 20 years . although abundance facilitates a process for debentures to be bought and sold before the end of their life there is no guarantee that this can be done or what the value will be . 2015 saw abundance raise over 2m for its first short term one year debenture supporting the construction of a wind turbine 2 which it expects to re finance with a long term debenture . finally rates of return are estimated and not guaranteed . offer documents set out risks related to specific projects and should be read thoroughly before an investment is made . 3 history and aims edit abundance is based in london uk and launched to the public in april 2012 . the company was set up in 2009 and went through a two year process to become the first community finance platform crowdfunding platform to be authorised and regulated by the financial services authority now the financial conduct authority . 4 abundance aims to support projects that deliver benefits for society and the environment including renewable energy 5 which give people control over where their money is invested and how it generates a return . renewable energy is the starting point but we believe that democratic finance could be a more sustainable source of finance for other forms of public infrastructure investment such as schools hospitals and social impact initiatives karl harder abundance director 6 . allowing the local community to invest in projects can leverage greater support for the project and provide an opportunity to allow the community to have joint ownership . 7 as of januar 2016 abundance has raised over 14 million from the public for 16 projects including a 500 kw turbine in gloucestershire a residential solar project in the south downs biomass boilers on the welsh border and free solar power for various schools across the uk . 8 returns edit abundance is like a building society for low carbon technology 9 offering a lower risk crowd funding opportunity . 10 investors put money towards specific renewable energy projects and receive a return based on the green electricity generated . 6 abundance projects make use of different types of debentures some are fixed return and some are variable return debentures for example . 11 one of these a 500 kw community wind turbine in south gloucestershire offered an estimated return across the 19 year life of the project of 8.0 9.1 % . another consists of up to 749 solar pv systems set up across berwickshire with a maximum capacity of 2 595 kw . this project offered estimated returns of 7.5 % across the 20 year life of the project . the website edit abundance operates through its online platform with individuals able to deposit money online and then invest in specific projects according to their preferences . for renewable energy projects the abundance website lets investors view how much electricity their projects are generating depending on how windy or sunny it is . 1 abundance investment has recently launched the ability to hold abundance debentures in a self invested personal pension sipp 12 and from autumn 2016 debentures can be held in an innovative finance isa if isa . 13 see also edit comparison of crowd funding services energy4all references edit a b guardian 20 april 2012 . invest in green energy for just 5 . the guardian . london . abundance investment . upper pitforthie windgen will provide clean electricity to power uk homes . retrieved 18 january 2016 . abundance investment understanding the risks archived 6 december 2012 at the wayback machine . retrieved 2013 01 26 nesta . nesta s impact investment portfolio . retrieved 2013 05 18 . independent 7 october 2012 . if the tories really want to be green . the independent . london . a b guardian 18 may 2012 . abundance small business big idea . the guardian . london . bbc 29 october 2012 . is crowd funding the future for wind farms in the uk . bbc news . guardian 15 may 2014 . abundance generation invents democratic finance . guardian sustainable business . the guardian . retrieved 18 january 2016 . sunday times 22 april 2012 . fivers make the windmill turn . lovemoney 23 august 2012 . crowdfunding invest in green energy with abundance . abundance investment . types of debenture . retrieved 18 january 2016 . businessgreen 15 october 2012 . renewable energy the gift that keeps on giving . the telegraph 9 july 2015 . budget 2015 how new 10pc peer to peer isas will work . the telegraph . retrieved 18 january 2016 . external links edit abundance investment retrieved from https en.wikipedia.org w index.php title abundance investment & oldid 742332839 categories crowdfunding platformshidden categories articles with wayback machine linksuse dmy dates from january 2014use british english from january 2014pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata 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