Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

Read our full Risk Warning

Invest in new UK renewables

Renewables bond
Thrive Renewables plc 2026
IFISA eligible
Minimum Investment £25
Term 5 years
Interest 5.5% per year
£787,335
Raised
£5,000,000
Target
16%
Sign up or login to view the offer
64 days left

Please note that payment of interest and capital is not guaranteed and is dependent on the performance of the business.  

Thrive Renewables

Thrive Renewables is a leading B Corp with a 30 year track record funding, building and operating clean energy projects across the UK. Its current portfolio includes 35 wind, solar, hydro, geothermal and battery storage projects, the majority of which are operational.


Backed by over 6,000 shareholders, Thrive has a history of funding community energy projects, contributing to a cleaner, fairer, more secure energy system here in the UK.


Quote Thumbnail

“Thrive is living proof that profit does not have to come at the expense of the planet or those who live on it. We’re one of the top 3% of UK B Corps, reflecting our positive impact on the environment, operating with both transparency and integrity.

Your support will help us in our ambition to double the generation capacity of our portfolio. We are already developing the projects we need to achieve this through our biggest project to date (57MW) in Scotland and another in Wales, with both projects offering local people an opportunity to take a stake.”

Jo Butlin - Chair of Thrive Renewables

The bond offer

The 2026 Thrive bond will contribute to the development and construction of new wind farms in Scotland and Wales, and provide funding to enable communities to build and operate their own local projects. Thrive has developed a new joint venture, Community Energy Catalyst (CEC), with social impact investor Better Society Capital which will invest up to £40 million in new community projects.

Thrive will offer community groups the opportunity to buy a share of any new projects it acquires.


IFISA eligible

Thrive bonds are eligible to be held in a Triodos Innovative Finance ISA (IFISA). As with all ISAs, there are eligibility criteria and you receive interest tax-free. ISA eligibility does not guarantee returns or protect consumers from losing all of money they have invested.

To invest in Thrive bonds through a Triodos IFISA, select the ‘Invest through IFISA’ option. This selection will add to your current year IFISA or will open a new IFISA if you haven’t previously opened one.


Transferring an existing ISA

If you want to invest by transferring an existing ISA to a Triodos IFISA you must first request the transfer. You can do this under ‘Account’ once you’ve become a registered user of the platform. Your ISA transfer must be completed first, before you make an application for bonds.

Key terms

Issuer
Thrive Renewables plc
Target amount
£5 million (as part of a £10 million raise)
Term
5 years, repaid in full on 30 April 2031
Minimum investment
£25 
Interest
5.5% gross per year. Payable in arrears on 30 April each year starting 30 April 2027 (paid net of UK basic rate tax unless held in a Triodos Innovative Finance ISA when interest will be paid gross). Payment of interest and repayment of capital are not guaranteed and are dependent on the performance of the business.
Early repayment
The directors can, at their sole discretion, repay the bonds in full or in part with effect from 30 April 2029. In addition, in the event of death of a bondholder or in other exceptional circumstances, Thrive may repay an individual bondholder early (together with any accrued interest due). However, such early repayment will be at the directors’ sole discretion and is subject to sufficient cash being available.
Unsecured
The bonds are unsecured, which means that bondholders will rank equally with Thrive's other unsecured creditors and behind secured and preferential creditors on insolvency. In the event of any wind-up or liquidation of Thrive, the senior lenders (which includes Triodos Bank UK Ltd) will be repaid first and have full control in a default or enforcement scenario until they are repaid in full. 
Transferability
Bonds are transferable but are not listed on any investment exchange which means that bondholders will have to find a willing buyer and agree a purchase price with them, which in practice may not be easy. Investors should be prepared to hold the bonds for their full five-year term.
Covenant
A gearing covenant which restricts total borrowings as a proportion of total assets. A breach of this covenant triggers an event of default, the effect of which is detailed in the bond instrument (Appendix 4 of the offer document).
Timetable
Closes on 16 April 2026 unless the £5 million target has been reached earlier. The second offer may remain open for longer at the discretion of the directors. Bonds are allotted 14 days after close and investors start to accrue interest from that date.
Capital at risk warning
Past performance is not an indication of future performance. Capital is at risk and returns are not guaranteed. Investors should read the offer document in full, including the risks section, before deciding whether to invest.

Sign up or login to view the offer

Sign up or login

Invest in new UK renewables

Thrive Renewables plc 2026

Picture

“Thrive is living proof that profit does not have to come at the expense of the planet or those who live on it. We’re one of the top 3% of UK B Corps, reflecting our positive impact on the environment, operating with both transparency and integrity.

Your support will help us in our ambition to double the generation capacity of our portfolio. We are already developing the projects we need to achieve this through our biggest project to date (57MW) in Scotland and another in Wales, with both projects offering local people an opportunity to take a stake.”

Jo Butlin - Chair of Thrive Renewables

Thrive Renewables

Thrive Renewables is a leading B Corp with a 30 year track record funding, building and operating clean energy projects across the UK. Its current portfolio includes 35 wind, solar, hydro, geothermal and battery storage projects, the majority of which are operational.


Backed by over 6,000 shareholders, Thrive has a history of funding community energy projects, contributing to a cleaner, fairer, more secure energy system here in the UK.


The bond offer

The 2026 Thrive bond will contribute to the development and construction of new wind farms in Scotland and Wales, and provide funding to enable communities to build and operate their own local projects. Thrive has developed a new joint venture, Community Energy Catalyst (CEC), with social impact investor Better Society Capital which will invest up to £40 million in new community projects.

Thrive will offer community groups the opportunity to buy a share of any new projects it acquires.


IFISA eligible

Thrive bonds are eligible to be held in a Triodos Innovative Finance ISA (IFISA). As with all ISAs, there are eligibility criteria and you receive interest tax-free. ISA eligibility does not guarantee returns or protect consumers from losing all of money they have invested.

To invest in Thrive bonds through a Triodos IFISA, select the ‘Invest through IFISA’ option. This selection will add to your current year IFISA or will open a new IFISA if you haven’t previously opened one.


Transferring an existing ISA

If you want to invest by transferring an existing ISA to a Triodos IFISA you must first request the transfer. You can do this under ‘Account’ once you’ve become a registered user of the platform. Your ISA transfer must be completed first, before you make an application for bonds.

Key terms

Issuer

Thrive Renewables plc

Target amount

£5 million (as part of a £10 million raise)

Term

5 years, repaid in full on 30 April 2031

Minimum investment

£25 

Interest

5.5% gross per year. Payable in arrears on 30 April each year starting 30 April 2027 (paid net of UK basic rate tax unless held in a Triodos Innovative Finance ISA when interest will be paid gross). Payment of interest and repayment of capital are not guaranteed and are dependent on the performance of the business.

Early repayment

The directors can, at their sole discretion, repay the bonds in full or in part with effect from 30 April 2029. In addition, in the event of death of a bondholder or in other exceptional circumstances, Thrive may repay an individual bondholder early (together with any accrued interest due). However, such early repayment will be at the directors’ sole discretion and is subject to sufficient cash being available.

Security

The bonds are unsecured, which means that bondholders will rank equally with Thrive's other unsecured creditors and behind secured and preferential creditors on insolvency. In the event of any wind-up or liquidation of Thrive, the senior lenders (which includes Triodos Bank UK Ltd) will be repaid first and have full control in a default or enforcement scenario until they are repaid in full. 

Transferability

Bonds are transferable but are not listed on any investment exchange which means that bondholders will have to find a willing buyer and agree a purchase price with them, which in practice may not be easy. Investors should be prepared to hold the bonds for their full five-year term.

Covenant

A gearing covenant which restricts total borrowings as a proportion of total assets. A breach of this covenant triggers an event of default, the effect of which is detailed in the bond instrument (Appendix 4 of the offer document).

Bondholder benefits

Closes on 16 April 2026 unless the £5 million target has been reached earlier. The second offer may remain open for longer at the discretion of the directors. Bonds are allotted 14 days after close and investors start to accrue interest from that date.

Timetable

Past performance is not an indication of future performance. Capital is at risk and returns are not guaranteed. Investors should read the offer document in full, including the risks section, before deciding whether to invest.

Capital at risk - warning

Please note that payment of interest and capital is not guaranteed and is dependent on the performance of the business.  

Please note that payment of interest and capital is not guaranteed and is dependent on the continued successful operation of House of Hackney

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Investments offered on this platform are not readily realisable, which means that they may be difficult to sell and you may not get back the full amount invested. Investments are not covered by the Financial Services Compensation Scheme (FSCS) and your capital is at risk and returns are not guaranteed. Repayment of capital and interest or payment of dividends will be dependent on the success of the organisation's business model and past performance isn’t a reliable indicator of future performance. You should always read the offer document in full before deciding whether or not to invest as it will cover risks specific to an individual investment. You can read more about the general risks associated with making these types of investments. If you are unsure if any of these investments are right for you, you should contact an Independent Financial Adviser.

Triodos Bank UK Ltd. Registered Office: Deanery Road, Bristol, BS1 5AS. Registered in England and Wales No. 11379025. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 817008.