NOTE: This is based on 10 open tips for Good Energy Group (GOOD)
Good Energy Group (GOOD) Overview
Good Energy Group PLC operates in the Renewable Electricity market. It is the
holding company of Good Energy Ltd and of Good Energy Generation Ltd.
Electricity sold to customers by Good Energy is matched 100% (over 12 month
periods) by purchases from wholly renewable sources including wind power, sun,
and naturally falling water. It submits itself to an audit verification by a
Top 10 firm of Chartered Accountants to give customers the assurance that such
is the case.
Good Energy Ltd has over 23,000 customers including business customers.
See www.good-energy.co.uk Good Energy Ltd is regulated by OFGEM and has a
Supply Licence to operate in England Wales and Scotland. It entered the
market in 1999.
Good Energy Ltd also operates a home renewable electricity generation scheme
where the Company undertakes to buy the output from small-scale renewable
generation plant installed on private premises.
Good Energy Generation Ltd is the Group"s acquisition vehicle for renewable
generation assets. It acquired a 4MW wind farm in 2002 which supplies part of
Good Energy"s needs. More acquisitions are being sought to support Good
The Group is based in Chippenham, Wiltshire. It has around 1,180 shareholders,
nearly all of whom are Good Energy customers. In July 2004, prior to its
introduction to PLUS-quoted, Good Energy Group PLC completed its second public
offer of shares, which raised GBP1,028,225 of new funds.
NOTE: This description is in part generated by ChatGPT and not an endorsement by or the opinion of Stockomendation Ltd.