Ripple / kirk Hill

StefokneeH

it seems ripple are in trouble, maybe in administration though I can’t verify that.

I gave a green relative a share in Kirk Hill as a wedding present. Is it safe? If not, what do I get him to replace it?

Screwdriva

Where are you getting this from?

pete-20-11

It's being discussed on octopus agile/smart forums. Going into administration?



How that impacts investors is anyone's guess. 

Guess it depends on wether the money is actually invested in one of the projects (one that is up and running) or held by Ripple pending being invested (e.g. into a new project). 

And even then it'll depend on the terms of the administration I guess? 

QrizB

There's nothing unusual showing at Companies House:

https://find-and-update.company-information.service.gov.uk/company/10565718

The main Ripple thread is here:

https://forums.moneysavingexpert.com/discussion/6177271/ripple-energy-wind-farm

StefokneeH said:

I gave a green relative a share in Kirk Hill as a wedding present. Is it safe? If not, what do I get him to replace it?

The ownership of Kirk Hill is complicated, but is separate from Ripple. Kirk Hill members are currently receiving a weekly email from Ripple with updates to various management issues. Hopefully your relative is receiving these.

paul991

Think its all sorted now, They have new board members and auditors in .It was not the actual co op but the holding company for the land .Energy payments are still being made

xnetco

I'm also keen to hear about what's going on. I've invested in Derril Water. Is my money safe? I hope so.

QrizB

I'll update the other thread.