29 Aug 2024
Thrive joins forces with TopCashback Sustainability to help fund the next phase of the UK energy transition
Thrive has entered into a joint venture with TopCashback Sustainability Ltd to help fund the next phase of the UK’s Net Zero transition, unlocking up to £80 million in collaborative capital to be deployed over four years.
The joint venture will allow us to build new wind, solar and other renewable assets that clean up the UK energy system, reduce carbon emissions and help tackle the climate crisis. It will also support our ambitious growth plans to double our generation capacity over the next five years.
The partnership will also allow TopCashback Sustainability to continue building its impact investment portfolio. This includes the likes of Highlands Rewilding – a project aimed at re-wilding and re-peopling the Scottish Highlands by increasing biodiversity, green jobs and more – and funds deposited with Tribe Impact Capital, a wealth manager which helps TopCashback make impact investments.
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