Abundance sets up new UK council funding line

By Jasper Cox
19 Aug 2020

Abundance Investment, the UK retail investment platform, is introducing a new way for local governments to crowdfund environmental projects. The councils of West Berkshire, Warrington and Leeds are set to be the first to make use of the scheme.

Abundance offers investment opportunities in projects linked to green energy and social housing. It is now expanding into financing councils, via what it calls Community Municipal Investments (CMIs).

West Berkshire Council, in the south of England, is seeking to raise £1m of five year funding at 1.2%, partly ...

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