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UK geothermal project successfully raises $5.7 million in crowdfunding campaign

Screenshot of United Downs Deep Geothermal Project page on Abundance crowdfunding platform
Alexander Richter 8 Aug 2017

The United Downs Deep Geothermal Project in Cornwall/ England has successfully concluded its GBP 4.4 million fundraising campaign with Abundance, a renewable energy focused crowdfunding platform.

We have reported on the likely first crowdfunding campaign for a geothermal project, here previously … and it is now clear that the United Downs Deep Geothermal Project in Cornwall has successfully raised GBP 4.4 million ($5.7 million).

The funding was thought in the form of bond financing through Abundance, a renewable energy focused crowdfunding platform.

Further details here.