Funding for community energy groups
By working together with communities, we help build projects that put people at the heart of the UK’s energy transition.
We believe in community ownership
It’s why we first created our award-winning community energy funding bridge in 2017, which the local energy group used to purchase the Mean Moor wind farm in Cumbria. Repaid in 2019, Mean Moor became the first commercial scale wind farm in the country to transfer to 100% community ownership.
We know that many community energy groups are interested in owning renewable energy projects. Yet due to a lack of capital, resources, or demanding timescales, they are not always able to purchase or build projects on their own.
Thrive has already invested over £20 million into community-led wind and solar projects and we are always looking to empower more people to take control of energy at the source, ensuring the benefits are felt locally – from new revenue streams to green jobs.
Our multi-award-winning funding can help you to move your project forward. Whatever stage in the process you’re at.
Our multi-award-winning funding can help you to move your project forward. Whatever stage in the process you’re at.
Community funding bridge
If you’re looking to acquire, build or own a clean energy project locally, and require funding to move forward quickly, then we could help bridge the funding gap.
Shared ownership
We can provide you with the capital and expertise to build or develop larger scale projects alongside other community, public or private sector partners.
Co-development
We can offer funding to support you through the initial development process to get new clean energy projects consented, built and operational.
Benefits
By choosing Thrive, you’ll have access to the capital you need, as well as expert insight gained over 30 years in the industry.
1
Control over your energy
Our funding gives you the opportunity to own your renewable energy at the source, ensuring the economic and social benefits of clean energy stay local too.
2
Time to raise the money
Developing a renewable energy project takes a lot of time and effort. We can provide some much-needed breathing space, helping you to get your project into construction and letting you repay in a way that works best for you.
3
Flexibility
We offer flexible funding for a range of clean technologies, from battery storage to hydro, solar and wind. We will structure our finance to best respond to your needs, as well as the specifics of the project.
4
Skills and expertise
With three decades of experience, we have access to a wide network of contacts, partners, suppliers, and industry bodies that we can call on, helping you to create and structure a resilient project.
Ambition Community Energy turbine
Learn more about the record-breaking community wind project we helped to fund in our home city of Bristol.
Case study
Funding England's largest onshore wind turbine
Using our award-winning funding bridge, we helped move the Ambition Community Energy project into construction after years of planning issues.
Case study
Facilitating shared ownership with BEC
We invited Bristol Energy Cooperative to co-invest in our 20MW battery project, meaning local good causes benefit from a share of the revenues.
Are you seeking funding for your project? Get in touch with a member of our investment team
Latest news
07 Oct 2024
Bringing wind power to life at Caton Moor open day
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01 Oct 2024
Half year results 2024: 10% increase in generation and strong operating profits
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17 Sep 2024
We’re coming back to Wales! Thrive has acquired the development rights to CfD-backed Abergorki wind farm
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