Directors' Valuation

Our mission is to connect as many people as possible with clean energy, which is why we are proud to have a large and diverse shareholder group. Because of this we also have a responsibility to disclose when a material event – or combination of events – impacts the value of Thrive as a company.

The Directors’ Valuation was reviewed by the Board in July 2024. A combination of positive and negative factors including results for the first half of 2024, new investments, battery revenue forecasts and updated power price projections were considered, with the valuation of the company remaining at £2.43 per share.

Our projects benefit from a range of power sales contracts which include price floors, fixed pricing and inflation linked elements, as well as government backed renewable electricity support mechanisms. To estimate the long-term dividend flow from our projects, we combine the prices we have agreed in power sales contracts, wholesale electricity market prices in the immediate and medium term and longer-term projections which are provided by market leading experts.