Octopus Energy Collective

[Tinbum]

Glad I bought some of each for my wife yesterday.

web site is very slow at the moment- last minute rush?

[Tinbum]

Fan 2 now 100%

[John_S]

Both offers are now closed.

I would think that Octopus are using this as a test event to try out their systems and procedures. After all it is only £1m of refinancing for them.

Nowty,
Do you want details to add to your tally?

[nowty]

Nowty,
Do you want details to add to your tally?

No because there is not any equity ownership in these two particular projects offers and they are relatively short term financial investments.

[Joeboy]

I'll be interested to see how quickly they go from available to invest in, to shares issued, it's live. I think they said May in the beginning?

I wonder if the 8 day sell out caught them out and if someone won an.office bet!

Tongue in cheek "Aye, so that's yesterday". I find it strongly appealing that it's an existing built and performing asset with its initial.build gremlins shaken out.

[nowty]

The offer doc says,

"Once the project reaches its investment target or its closing date, the offer will close.
Then, after an administrative period of about 20 days, your Shares will be issued and the
three-year investment term will start."

They have also said folk can cancel up to 5 days before the shares are issued so I think we will be notified about the issue date at least a week before.

Quarterly dividends as well so the Annual Equivalent Rate will be slightly more than 6%.

[Joeboy]

The offer doc says,

"Once the project reaches its investment target or its closing date, the offer will close.
Then, after an administrative period of about 20 days, your Shares will be issued and the
three-year investment term will start."

They have also said folk can cancel up to 5 days before the shares are issued so I think we will be notified about the issue date at least a week before.

Quarterly dividends as well so the Annual Equivalent Rate will be slightly more than 6%.

Sitting at dentist, just read that. About 5th March then for shares and start of June for 1st 1/4ly div. That would be nice.

[Tinbum]

Exciting news — Fan #1 has reached its target!

That means your investment is nearly locked in. If you change your mind, you have until 28 February 2025 to email contact@octopusenergycollective.com and cancel your investment. After that, your shares will be issued and the three-year investment term will officially begin on 7 March 2025.

If you have any questions, check out our FAQs or reach out through the Support tab in the Collective — we’re here to help!

Love and power,

The Collective team

[Joeboy]

Exciting news — Fan #1 has reached its target!

That means your investment is nearly locked in. If you change your mind, you have until 28 February 2025 to email contact@octopusenergycollective.com and cancel your investment. After that, your shares will be issued and the three-year investment term will officially begin on 7 March 2025.

If you have any questions, check out our FAQs or reach out through the Support tab in the Collective — we’re here to help!

Love and power,

The Collective team

Thanks for sharing this TB. Looks like we'll be off and running that much faster than anticipated.

[nowty]

Had the email about Fan #2 now officially closed out, start date 10th March, so just 3 days behind Fan #1.