Part ownership of a Ripple Wind Turbine, fancy it?

[Joeboy]

Great to see the start of the upswing in wind production. We went from a low of198kWh in July to 318kWh in August.

[nowty]

I have shown this graph before but I thought I would publish this every month to see how WT1 is doing.

The P75 annual value of 6,681MWh which the share offer was based on, gives a capacity factor of 30.5% of the which is almost smack on the graph below which I copied from an average UK wind resource study.



2022 WT1 Capacity Factor
Mar 36.7 % (based on 16 days pro rata)
Apr 25.8 %
May 22.4 %
Jun 23.3 %
Jul 10.0 %
Aug 17.0 %

[Adokforme]

Now showing 927 and 200%. I thought we would get early access but it looks like I've missed the boat. Other things like this that I have watched or put in to stopped accepting money at 100% e.g. https://www.triodoscrowdfunding.co.uk/investments where one now shows an extended target. I haven't seen that before.
What will they do with the extra? Maybe pay off a bank loan?

Now 250% funded. When they were around 150% Sarah stated they'd been blown away by the response. Not sure what she might exclaim now!

Looks like Sarah is happy to offload as much of her equity as she can at the current offer price. Companies house currently shows her owning more than 75% of the equity.

https://find-and-update.company-informa ... nt-control

Looks like they are continuing to sell off further equity in exchange for cash on the current terms. I wonder what else they have in mind for the future!

https://www.seedrs.com/ripple4?utm_sour ... gn=ripple4

[AE-NMidlands]

Looks like they are continuing to sell off further equity in exchange for cash on the current terms. I wonder what else they have in mind for the future!

https://www.seedrs.com/ripple4?utm_sour ... gn=ripple4

Maybe as the next development is a big offshore (floating?) set-up it should produce a big output but will need lots of cash first, and this is a way for Ripple (or Sarah herself) to have a proportion of the action and the returns.
A

[nowty]

Looks like they are continuing to sell off further equity in exchange for cash on the current terms. I wonder what else they have in mind for the future!

https://www.seedrs.com/ripple4?utm_sour ... gn=ripple4

Maybe as the next development is a big offshore (floating?) set-up it should produce a big output but will need lots of cash first, and this is a way for Ripple (or Sarah herself) to have a proportion of the action and the returns.
A

They had an agreement with NextGen for Scottish offshore wind but as far as I know, NextGen did not win any of the bids.

[Joeboy]

Looks like they are continuing to sell off further equity in exchange for cash on the current terms. I wonder what else they have in mind for the future!

https://www.seedrs.com/ripple4?utm_sour ... gn=ripple4

Maybe as the next development is a big offshore (floating?) set-up it should produce a big output but will need lots of cash first, and this is a way for Ripple (or Sarah herself) to have a proportion of the action and the returns.
A

They had an agreement with NextGen for Scottish offshore wind but as far as I know, NextGen did not win any of the bids.

That's what I thought too, proj3 remains a mystery? Should be thus month we hear something?

[Moxi]

Still wind or would they venture in to hydro ?

Moxi

[Joeboy]

Still wind or would they venture in to hydro ?

Moxi

Absolutely no idea. Not even heard a squeak other than the early rumours of potentially solar which came from themselves. I am hoping for onshore wind again.

[Joeboy]

Incredibly fast, the money from Aug WT1 is in the Octopus account. I am now a mighty 3.5% soc in the VB.

[Adokforme]

Meanwhile back on a Welsh hillside, I reckon the comms link must have dropped out as there's been no generation since 3am this morning in spite of wind speeds showing around the 13 to 14 mark for much of the day! Perhaps we'll find out tomorrow!