Bates Wells has advised on the £13m co-operative share offer to fund Ripple Energy’s second wind farm – the largest ever UK co-operative share offer achieved in a single raise (now superseded by Ripple Energy in 2023) – and will enable construction of an 18.8MW wind farm in Scotland.

Owning shares in a Ripple wind farm means your electricity supplier buys your share of the wind farm’s electricity and supplies it to your home or premises via the grid at the wholesale, rather than the market price. Ripple is the first organisation to link ownership of a renewable asset to savings in your home.