December’s investments: Atlantis Future Energy & Orbital Marine Power (Orkney)

Atlantis Future Energy project through Abundance Investment. Photo: Abundance Investment.
Atlantis Future Energy project through Abundance Investment. Photo: Abundance Investment.

In the middle of November I blogged about an investment in the cleantech British crowdfunding platform Abundance Investment. An introduction to Abundance Investment & Join Trine can be found here.

Seedrs’ secondary market
It’s still possible to invest through the Seedrs platform. It’s a bit like a crane building a crane building a crane. After the round closes, you might be able to access shares / equity through Seedrs’ secondary market. Some projects are offered in great volume, whereas others are extremely limited.

Atlantis Future Energy, Abundance

In order to get some concrete experience with Abudance’s secondary market I placed to bids on equity in the SIMEC Atlantis Future Energy. It’s a debenture construction offering a fixed 8% interest a year for 5 years, with payments twice a year. More information about the project here.

Orbital Marine Power (Orkney) project. Photo: Abundance Investment.
Orbital Marine Power (Orkney) project. Photo: Abundance Investment.

Orbital Marine Power (Orkney)

The month’s second investment was placed on the same platform; this time in an open round ( / primary market). Again a debenture construction with a fixed annual interst rate of 11%. More information about the project here.