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Ecotricity second bond issue oversubscribed A £10 million bond issue by independent energy company Ecotricity has been oversubscribed by 62 per cent. The firm will leverage the money raised and use it to finance more wind farms, green gas and alternative energy projects. The bond pays 6 per cent, but Ecotricity customers receive an extra half a per cent. Company boss Dale Vince said customers would receive priority in the bond issue. Source: Utility Week © Faversham House Group Ltd 2011. News articles may be copied or forwarded
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