Ecotricity logotype
/Our news/2016/ecobond four receives applications for over £12 million with

Our news

    Browse archives
    Our news

    ecobond four receives applications for over £12 million with two days remaining

    Press enquiries

    If you are a journalist with a media enquiry, please contact our Press Office on 01453 761 318 or you can email

    For all other general enquiries, please call 01453 756 111 or email

    By Maya Maloney
    Nov 29, 2016

    Britain’s greenest energy company, Ecotricity, has so far received applications for over £12 million of ecobond four, its latest corporate mini-bond which enables its customers and the wider public to invest directly and share in the financial benefits of the Company’s work.

    ecobond four offers investors a return of 5.0% (Gross) per annum for Ecotricity customers (or 4.5% (Gross) per annum for everyone else) and follows three previous mini-bond issues which raised almost £38 million.

    Applications for ecobond four close on Wednesday 30th November 2016 at 5pm.

    Ecotricity founder, Dale Vince, said: “When we launched ecobond one, it was a pretty radical idea, with a simple ambition: to give people the opportunity to share in the financial benefits of the Green Energy revolution.

    “With ecobonds one, two and three, we’ve raised almost £38 million – which has been a massive boost to our work.

    “We’ve made great progress over the last twelve months – we’re supplying Green Energy to over 190,000 customers, we’ve finished four new wind parks, and we’ve just got approval to build our first Green Gas mill, the first of its kind in Britain.

    “And now, to continue our momentum, we’ve launched ecobond four – which will give customers and the wider public the chance to share the benefits of the next phase of our work.”

    Ecotricity previously issued ecobond one (2010) and ecobond two (2011), which were both oversubscribed and both raised £10 million. Ecobond three raised just under £18 million in autumn 2015.

    Find out more about ecobond four here, with applications closing on Wednesday 30th November 2016.

    ecobonds four are for an initial five year term and will then automatically extend for further 12 month periods, subject to notice of redemption being given by the bondholder. ecobonds four cannot be transferred, traded or converted.  ecobonds four are an unsecured debt and there is no certainty Ecotricity Bonds plc (or Ecotricity Group Limited, as guarantor), will be able to repay them.

    Holders of ecobonds four are not protected against loss by the Financial Services Compensation Scheme.

    This press release, which is a financial promotion for the purposes of Section 21 of the Financial Services and Markets Act 2000 (“FSMA”), is issued by the Company which accepts responsibility for the information contained herein. This letter has been approved as a financial promotion for UK publication by SPARK Advisory Partners Limited (“SPARK Advisory”), which is authorised and regulated by the Financial Conduct Authority. SPARK Advisory is registered on the Financial Conduct Authority’s Register with registered number FRN182762. SPARK Advisory is acting exclusively for the Company in connection with the issue of ecobonds four for promotion to the limited class of persons listed in FCA COBS Rule 4.7.7 (being (a) certified as a "high net worth investor"; (b) certified as a "sophisticated investor"; (c) self-certified as a "sophisticated investor) or (d) certified as a "restricted investor"). SPARK Advisory will not regard any other person as its customer or be responsible to any other person for providing the protections afforded to customers of SPARK Advisory or for advising any such person in relation to the issue of ecobonds four.

    Applications should only be made on the basis of the Invitation Document and the Instrument.

    Similar articles

    Ecotricity to power homes with Geothermal energy in UK first

    Ecotricity has signed a pioneering agreement that enables the production and sale of geothermal electricity for the first time in the UK


    Ecotalk + RSPB: the new mobile phone provider

    The RSPB have joined forces with Ecotalk, one of Britain’s most sustainable phone providers that’s committed to change, to create Ecotalk + RSPB.

    Ecotricity's reasons to be cheerful 2020

    We look back at the green and environmental news from the year, and there are more than a few reasons to be cheerful.

    Get the book!

    Manifesto out now


    Our founder Dale Vince shares his thoughts on the green revolution

    Explore the site

    Don’t just take our word for it…

    Ecotricity is recommended by
    • Our story
    • Our mission
    • Our manifesto
    • 25 years of Ecotricity
    • Ecotricity innovation
    • Walking the talk
    • Our partners
    Ecotricity logotype