Good Energy (www.goodenergy.co.uk), the Chippenham-based renewable-energy group that has doubled its revenues and profits since 2013, has launched its second corporate bond — to raise £10 million to aid its expansion plans.

The money will be used to support further growth of the business, including the development of more renewable-energy projects.

Founder and chief executive Juliet Davenport said: “In the four years since we launched our first corporate bond, Good Energy has grown significantly and has successfully adapted to the changing energy and regulatory environment of the UK.

“New technologies and the way we use energy are bringing a modern, decentralised, low-carbon structure to the UK energy industry.

“We are excited about this evolution and the opportunities it creates, and we believe Good Energy is ideally placed to thrive in this new landscape.

“Good Energy has a long history of customer ownership, and we are continuing this with the launch of Good Energy Bonds II, which will be used to develop renewable-energy projects and broader corporate initiatives to fuel the future growth of the company.”