Mongoose Energy Launches £4 Million Bond And Share Offer

New research from Mongoose Energy, the UK's largest manager of community-owned renewable energy assets, shows that today's impact-driven investors are more willing than ever to invest in higher risk funds, provided that their money is used to deliver tangible and ethical impact. The insights coincide with the launch of over £4 million in bond and share offers in community-owned, renewable energy by Mongoose Energy, in time for the end of the ISA year.
The research reveals that two thirds (60%) of consumers today would prefer their investment to "˜do good', as opposed to investing in less impactful, lower risk options. This is a growing trend, with a fifth (21%) of people saying that they are more likely to invest in this type of fund now than they were five years ago.
Almost a quarter (24%) of people would consider investing in an ethical fund that shares its profits with the local community or supports renewable energy generation. Community-owned renewable energy projects, such as those managed by Mongoose Energy, do exactly that, with investors' money being used to develop or acquire the projects, generating potential returns for them and profits that can be used to support local organisations and fund community projects. For consumers, the main motivators for preferring these types of investment options are knowing that their investment will be used to "˜do good' (25%), a desire for higher interest rates (32%), and the poor performance of current investments, such as cash ISAs (17%).
This desire for impact has also led to consumers demanding more transparency about how their money is used once invested, with two thirds (61%) stating that this as important to them.
Mark Kenber, CEO of Mongoose Energy, commented: "The findings of this research show an increasingly purpose-minded public of all ages seeking out alternative ways to invest their money. Their investment choices are no longer driven solely by high rates of return but also by a desire for tangible, positive impact on local communities. With the public now demanding that their money is invested in ways beneficial to both people and planet, 2018 is showing all the signs of being the year that investing in community energy goes mainstream."
Alongside this research, Mongoose Energy has announced the launch of two new bond offers and a share offer, all designed to give investors the chance to do good as well as generate a profit, whilst knowing exactly where their money is being used and the impact it has. The first bond offer has been established by Heart of England Community Energy (HECE) and is for the UK's largest community-owned renewable energy project, based outside of Stratford-upon-Avon, Warwickshire. HECE is seeking to raise £1,000,000 in funding and is offering investors target returns of 5%, paid annually over four years.
Our Community Energy (OUCE) has established a bond and share offer for its wind farm projects in Pogbie and Brockholes, Scotland. These offers are seeking to raise £1,200,000 and £1,845,000 respectively and offer inflation-linked interest rates which, whilst they may rise and fall over 20 years, currently deliver returns of 6.6% and 8.1% respectively.
Those who sign-up and invest in these offers before the first half of the target funds are raised will earn an additional 1% of interest in the first year. Please note that capital is at risk and returns are not guaranteed.
As the offer also includes an Innovative Finance ISA option, investors still needing to use their ISA allowance can take advantage of it, or alternatively transfer their existing cash ISAs at any time.
The surplus profit from these projects, estimated at £2.7m and £1.9m respectively, will be invested into helping to protect the elderly and vulnerable in Warwickshire, and into helping alleviate fuel poverty in Scotland.
Those interested in finding out more about investing in community-owned, renewable energy, or wanting to guarantee themselves an opportunity to invest in more than £4 million of community-focused investment opportunities, can read more about the opportunity to invest via
http://bit.ly/mongooseinvestments.