Abundance Generation connects people with Energy Projects, allowing everybody to invest in and benefit from the growth of renewable energy in the UK.
Since its founding in 2011 Abundance Generation has raised more than $8 Million from 1,000+ investors to finance UK alternative energy.
Abundance Generation connects investors with energy projects. Projects vary in structure, ranging in duration from 20-25 years. Individuals can invest as little as £5 and AG targets returns of 6-9% IRR.
Debentures are transferrable, allowing investors to sell investments before they fully mature, but these investments can be highly illiquid.
Abundance Generation offers three kinds of solar investment products:
There are no fees or charges payable by UK investors.
Non-UK residents only pay a withdrawal fee of £25 (~$40) for each withdrawal of funds from their Abundance account to a bank outside the UK. This charge is deducted from the amount being withdrawn.
AG charges Energy Projects a fee for raising a Debenture. It also charges an annual fee for managing Debenture holders.
Bruce has spent many years devoted to innovating both finance and energy products and services. Clients have included egg, E.ON and Lloyds TSB. Realising they could only take his ideas so far, he directed his energy into creating Zopa. Now he is channelling that energy and insight into Abundance, enabling people to use their money to build a secure, sustainable UK. He is a Visiting Research Fellow at the Bauman Institute, Leeds University and a Fellow of the Finance Innovation Lab – a joint venture between WWF and the Institute of Chartered Accountants in England and Wales. Bruce is responsible for managing Abundance's brand and marketing team.
Lou left a senior position at UBS Investment Bank in July 2008, determined to do her bit to address the paradox of a world with finite resources and a way of life driven by consumption. Voted among the 100 most influential women in the City in Financial News, she knows only too well that conventional financial markets are loaded against the smaller, private investor. She is now using her skills to make sure our Debentures are working in the interests of our customers. Louise is responsible for managing Abundance's Energy Projects team.
Karl started out working as a parliamentary researcher on renewable energy. With a desire to do more than simply write about the things he cared about, he set up his first green business, which also championed the Living Wage for its employees and was funded by the late Dame Anita Roddick. After 5 years and with his interest in energy renewed, he left to study for an MBA at Imperial College and to pursue the idea that has eventually became Abundance. Abundance brings together Karl's drive to link people and communities with renewable energy. Karl is responsible for managing Abundance's operations and technology teams.