New bond offer open – help us develop and build two new wind farms

News

11 Feb 2026

We’re raising funds to build new clean energy projects and finance more community energy.

Article written by anna.cooper

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Our new £5 million bond offer is now open on the Triodos Bank crowdfunding platform, providing the opportunity to invest in new clean energy projects which will benefit local communities and future generations.

The capital raised will help fund two new wind farms in Scotland and Wales, and provide funding to enable communities to build and own their own local projects.

Find out more and invest

You will need to register for Triodos Bank’s crowdfunding platform to access the offer document.

Thrive is one of the UK’s top crowdfunded companies, raising £63 million so far which we have used to fund 45 wind, solar and hydro projects across the UK. Backed by a community of over 6,000 shareholders, we enable individual and impact-driven institutional investors to put their money to work to make a difference and generate a fair return. 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 has a minimum investment of £25, paying 5.5% gross interest per year, and is eligible to be held in the Triodos Innovative Finance ISA (IFISA), that allows interest to be received tax-free. Interest payments and repayment of capital are not guaranteed. 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.

In 2023 we announced our ambition to double generation capacity within five years, and we are already developing the projects we need to achieve this. Funds raised from the bond will help construct our largest project yet – a 14 turbine, 57MW onshore wind farm in the Scottish Borders. Once operational, the project 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 bond will also help to fund the development of 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.

“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.”

Matthew Clayton, CEO, Thrive Renewables

“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.”

Whitni Thomas, Head of Corporate Finance, Triodos Bank UK

In 2016 Thrive raised £13 million through two bond offers – one of which was the UK’s first bond offer to be made available through an Innovative Finance ISA (IFISA). Projects funded by the offers are still generating clean electricity today, with both bonds repaid as planned in 2021 and 2024.

Now open, our first bond offer since 2016 will help us build new wind farms that will help sustainably power the equivalent of over 57,000 more homes.

Key terms of the bond

Target amount: £5 million as part of a wider £10 million raise
Term: Five years with 5.5% gross interest, paid annually in arrears. Payment of interest and repayment of capital are not guaranteed.
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)
Eligible to held in a Triodos Innovative Finance ISA, which means that interest would be paid gross. 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.

Find out more and invest

You should read the offer document in full—including the risks section—before deciding whether to invest. Investing in the bond is not the same as depositing money in a bank account as your capital is at risk and you may not get back the full amount that you invested. An investment in the bond is not covered by the Financial Services Compensation Scheme. If you are unsure as to the suitability of the investment, you should contact an independent financial advisor.

If you have any questions or need further information, please send a secure message through the Triodos Bank crowdfunding platform once you’ve registered or ring Triodos Bank on 0330 355 0355.

This financial promotion was approved on 10 February 2026 by Triodos Bank UK Limited, registered in England and Wales with no. 11379025. Registered Office: Deanery Road, Bristol BS1 5AS, United Kingdom. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 817008.