Firstly, I've invested in 3 Ripple projects. My interests are in clean air and NetZero. I've recently been looking at where my pension in invested. I hold investments in some of the following investment vehicles that invest in mostly UK + EU renewables. Yields for 2023 over quite large portfolios of 6% to 7.5%.
Many of these are having a hard time with energy prices coming down and high interest rates because there’s currently less risk in lending mortgages. I take a longer view and Net Asset Values per share look good to me (this is not investment advice).
But…. when I compare that with Ripple:
I’m interested in how the Ripple scheme yields are so much lower? It can't be because its a co-op. I know Kirk Hill had increased construction costs. I know Kirk Hill is a single site. I know we don’t have actual generation data yet. If I’ve made some calculation error, I will be please to correct this post.
The last published Kirk Hill accounts end March 2022 (https://mutuals.fca.org.uk/Search/Society/31015). When are the next accounts published? I can't see them easily on the portal unless they're tucked in the minutes somewhere.