The two Bristol-based companies share a commitment to supporting the city’s ambitious carbon-neutral target by driving renewable energy growth and making green energy more accessible to all.
The new power purchase agreement (PPA) for the electricity generated by Thrive’s 2.75MW wind turbine at Ness Point, England’s most easterly point, will provide enough energy for 2,225 UK homes. The agreement for the 0.8MW Auchtygills turbine in Aberdeenshire will power an additional 700 homes.
About Thrive Renewables
Thrive Renewables is a renewable energy investment company. It offers accessible opportunities for individuals, foundations and funds to invest in clean energy projects that deliver financial, environmental and social rewards. Thanks to its community of 6,250 investors – large and small – Thrive has been building and operating renewable energy projects in the UK since 1994.
Bristol declared a climate emergency and rolled out ambitious plans to become carbon-neutral. This means that collaborations across the city are now vital to deliver these goals and reduce harmful emissions. This deal is a positive step on Bristol’s journey.
- Matthew Calyton, Managing Director, Thrive renewables
Bristol Energy working towards sustainablilty and social good
Bristol Energy is forging ahead with its plan to create a sustainable energy company with social value at its heart. From local job creation to staff volunteer days, carbon reduction activities and well-being initiatives, such as training mental health first aiders, Bristol Energy has put an estimated £12m of social value back into Bristol.
This deal is an important part of our purpose to create a sustainable energy company, which has social value at its heart. We believe one of the most socially responsible things we can do is to get to supplying 100% renewable energy and this deal will help us in our journey. And importantly – the value of the deal is retained locally.
- Simon Proctor, Renewables and Origination Manager, Bristol Energy