Invest in green energy: meet the Collective

The Octopus Energy Collective is a platform that lets you invest directly in sustainable energy projects like wind turbines and solar farms. Check it out 👉 octo.ps/3CFSk2k
Zoisa, CEO of the Collective, gives the lowdown on:
🌍 Why we launched the Collective
⚡ How it works
💸 What you can invest in (and the returns you could earn)
Check out the Collective to see how you can be part of a greener future 👉 octo.ps/3CFSk2k
ℹ️ The Collective is an investment platform, so 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 two minutes to learn more: www.octopusene...

[@grahamcastle8189]

An interesting initiative and quite different from Ripple energy. It's also quite different from the Govermemts Green Savings Bonds which invest in nuclear energy. Renewable energy needs to be generated where it is needed not transported the length and breadth of the country on humungous pylons, so I'm with you if that is your intention. The problem of course is/was the previous governments ban on onshore wind turbines in England.

[@simonheape5279]

Sounds interesting. Are investments EIS eligible?

[@Gillibrand65]

No, renewable energy is excluded from EIS

[@nicholashowell]

I love the idea of it. 3 years doesn't sound good though. Why not offer longer periods?

[@homertrix]

I'm in. Any plan to offer an ISA wrapper?

[@Umski]

Yep that would seal the deal - or if credit is applied then whether that “slips under the radar” as it were? 🤷‍♂️

[@TrevorHa]

So this is a octopus branded Ripple?

[@dmb0202]

No. Ripple are an independent company who set up collectives that part own turbines and solar.

[@AndrewCowell50]

Good idea. Like a more accessible version of the various opportunities offered through Ethex and Triodos.

[@Adventures-and-More]

So what’s the ROI? Is the investment linked to my Octopus energy bill to give me discount?

[@oronjoffe]

6% max, as was stated at the beginning.

[@breadcircuses6085]

Any idea why the wind farm sector has dropped around 80% in value, over the last few years?

[@googleuser795]

80% your having a laugh more like 20%, if comparing to pre covid 2019 pre energy crisis not down much at all

[@monojano]

Can you buy it as a gift to uk residents, as we life in the NL

[@robjones8950]

Good job Ripple Co-ops didn’t go down the CfD path as there’d be little left to differentiate from this Octopus offer.

[@prodavnicayugo]

What is the difference between this and a three-year 6% corporate bond? If it is a bond, then say so. This way it just looks suspicious…

[@Adam_Avida]

Seems like the diff would be an over/under on project cost overrun/underrun+good weather, as well as the theme of the investment

[@oronjoffe]

6% is the best case scenario with this scheme, so there is a highr element of risk than in a bond.

[@BrendonBoshell]

So I take all the risk in terms of building the infrastructure, and if it's a success 3 years later you take the shares back at a fraction of their value. Doesn't sound like a great investment to me when cash is paying 4.5%.

[@Scouser22]

You'll be lucky. 4.5% is the base rate. Banks need to make a profit.

[@BrendonBoshell]

@Scouser22 you can get a money market fund paying the base rate

[@matshreeve]

Interested to jump into the Collective ☀️💨💚 and be part of Constantine’s Consortium 🐙⚡️🩷

[@vibys1]

The 1st sign of octopus being disingenuous ive seen

[@keithbrown339]

You have made the quiz is a joke . Two goes then wait 30 day .Yet I buy shares and investments every day. Oh well more money for Hargreaves Lansdown and trading 212.

[@HaiderAlDelfi]

lol so you want us to invest the capital and then not reap the rewards for the long term beyond the three years. That’s a rip off!

[@dmb0202]

The shares aren't tradeable and so they need some way to return capital. This is probably an efficient way. Octopus/kcracken try many different things to understand what might work well. This is probably one of those. They aren't charging fees and probably aren't trying to make a profit on it

[@vibys1]

It's basically a cheap loan for them, since they don't / can't guarantee a % return

[@dominicbendinelli4805]

Ever heard of a CD?

[@tonyusher4598]

Would be nice to first solve the chronic smart meter connectivity issues plaguing so many of your customers. It’s of little use developing innovative products if the customer’s meter can’t reliably talk to your server.

[@donincognito189]

That's not a problem Octopus can solve. Smart Meter connectivity is done via a company called Data Communications Company (DCC) who operate the network between your home and your energy provider. Problems are usually down to poor wireless network signal in certain areas, especially those with large hills.

[@tonyusher4598]

@ and therein lies the nub of the problem. As an illustration, when a train is late owing to a points failure passengers receive redress from their respective TOC, not by complaining direct to Network Rail. Currently the DCC is able to turn a blind eye to their responsibilities by hiding behind a firewall provided by likes of Octopus. If a company the size of Octopus is unable to encourage DCC to do its duty then what hope do individual domestic customers have.

[@deanhewitt8796]

RIPPLE ENERGY HAVE BEEN DOING THIS FOR A FEW YEARS ALREADY AND OCTPOUS BUY THE ENERGY FEOM THEM. WHAT IS DIFFERENT YOU ARE CLAIMING

[@devjon123]

I THINK YOUR CAPS LOCK KEY IS STUCK. If not you should be aware that it it's considered rude to shout.

[@deanhewitt8796]

@@devjon123 YEAH DAMN THING STUCK THANKS FOR POINTING THIS OUT

[@davidwookey3792]

As long as you don't put solar farms on arable or grazing farmland. Please tell me you are looking at putting solar on industrial and public buildings.

[@antwnpowell]

en.wikipedia.org/wiki/Agrivoltaics#:~:text=Agrivoltaics%20(agrophotovoltaics%2C%20agrisolar%2C%20or,solar%20energy%20production%20and%20agriculture.