Good Energy eyes GBP 1m from crowdfunding event

Sep 8, 2014 - UK renewable power supplier Good Energy Group Plc (LON:GOOD) said on Friday it expects to raise GBP 1 million (USD 1.7m/EUR 1.3m) as part of a star-studded crowdfunding solar party, aiming to back its investment in renewable energy projects.

The crowdfunding party was organised by renewable energy investment platform the Trillion Fund on Thursday and saw four entities, including Good Energy, bid for financial support.

Guests at the event had the opportunity to invest in Good Energy’s solar parks in South West England. The British company, which develops wind, solar and hydropower projects, aims to generate 50% of its total power from renewables and own over 110 MW of renewable energy generation capacity in the UK by 2016.

(GBP 1.0 = USD 1.633/EUR 1.261)

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