Ripple Energy Omdömen 710

Disgusting rip off of small investors - where are the legal sanctions? Taking peoples money under false pretences perhaps? whats that called?

The Directors of Ripple Energy put the company into administration without contacting any members of Project 4, also known as Whitelaw Brae, having delivered nothing at all. This is utterly shameful and should weigh very heavily on their consciences.

A large scale community driven effort is underway to understand the chain of events and return funds to customers for services that will never be provided.

I hummed about this one before eventually not investing. I could easily have got done but usually for a lot of the projects I wasn't quick enough in deciding. That is probably why because it felt like a pressure sell....invest now or miss out. Disgusted really from the comments what has happened.

Just read thrives renewable said that there sorry to hear ripple gone under that no payment has been made to them either from Ripple or the coop. There looking forward to dealing with one or the other but at moment there continues with build on there own. Why hasn't ripple sorted a deal

Could not make my final payment. Just checked their reviews and have found out they have gone bust. Thanks for telling us no doubt I would have lost my investment. The Directors would be well cared for got scam written all over it. Have had no return on my investment.

Following on from my prior review, where I had concerns. (ID: 672e1bee07cb7884c1d275fd)
It appears these concerns were well founded.
Ripple Energy has gone into administration.
Though our investments/savings put into the cooperative projects should be safe, due to how they are structured (thankfully), it does bring a lot more chaos to something that really seemed like it would be simple.
Thus of course I can't recommend Ripple Energy to anyone anymore.
What sucks the most, is I feel liable for the friends I advised to invest, which is a horrible feeling.

Email came in today.

I am sorry to inform you that it has been necessary to cause Ripple to cease to trade. The directors have been required to seek the appointment of insolvency practitioners from Begbies Traynor as administrators.

The cooperatives Ripple managed will continue to operate under the direction of their respective boards. It is important to remember that the wind farms and solar parks are owned by the respective cooperatives, not Ripple.

Generation at Graig Fatha and Kirk Hill wind farms will continue as normal. Operations and maintenance is carried out by third parties, under contract to the wind farms, not Ripple.

Derril Water solar park is currently under construction. Construction is led and managed by an experienced third party contractor, they will continue to manage the project’s build on behalf of the cooperative and its members.

The administrators are in discussions with the Boards of the cooperatives to try and secure a smooth transition to other parties to manage the projects on behalf of the coops.

The administrator will also be in contact with Ripple’s creditors in due course.

We will update you further when possible.

Sarah

Further to my recent review headed "an uncertain future" we have just been informed that Ripple itself is entering administration. Supposedly the co-ops which own the assets are ok for now (although still deliquent in filing accounts). Hopefully in time we will find out what went wrong.

They have literally just gone into administration this morning. No further information as of now

Ripple have appointed administrators and are going through an insolvency process

I am an investor in two Ripple Energy projects. There have been significant delays in submitting accounts leading to enforcement action by Companies House and the departure in March 2025 of Ripple’s Finance Director. Today I received an email announcing that the company has ceased trading and has appointed administrators. I’m left wondering whether I ever will see my money again.
UPDATE- the administrators have published information and FAQs for Ripple’s creditors. You can find this on Begbies Traynor Group’s website.

Very poor communications from management. Now it seems they have applied to appoint an administrator.

Disappointed in the level of communication regarding the problems with filing accounts, HMRC intervention, and auditing, which is all being done behind closed doors. Doesn't feel like we're investors at all. Community forum has been shut down, which is a poor way to engage with the community, who have put their savings on the line. Generally happy with everything else, despite delays to construction (these things happen). Payback is a bit slower than expected, again that's part of the risk you take on and is outside their control. No big deal. My issue is with management and communication, which has left me with a very uneasy feeling as to the safety of my investment in their hands, purely down to its management. They have at least allowed a member's meeting on 27th March, which is going to be eye-opening as it's the only chance members have to ask questions.

Serious issues with Kirk Hill have lead to the whole thing nearly being shut down by HMRC and resignations on the coop board of directors.
Now they've shut the community forum to hide.

There have been a number of negative and uninformed comments on here recently about the various Ripple projects. Honestly, it’s all fine and a few people commenting really haven’t understood what they were investing in. I have investments in two of the projects and see them as a very long term investment and as part of my overall portfolio. I certainly don’t expect it to pay for all my electricity use, as some do.

I'm so disappointed that I invested in this company, and wouldn't recommend it to anyone,delay after delay, they give out next to no information on projects so you put your money in then when they do announce it it's a 40 year one , I need to live to 110 years old now to get what I paid in to and it still is running, and now they have blocked people posting in the forum that want answers.

Extremely poor communication - not confident in the security of my money. Steer clear.

Be careful investing with Ripple Energy. They say all the right buzz words for environment, climate and energy saving. However, my subsequent experience with reality and the actual is different. They are selective as to what they answer, quite often don't.

I joined them on their third project, Derril Water solar park in early 2023. Their second project Kirk Hill wind turbine farm was under construction. KH came online late, and has had issues since. Many KH members on the Ripple forum not happy, accounts failed to be filed, Companies House put Ripple on report. Same happened with Derril but this month, March 2025, that has been resolved for Derril. There have been sweeping changes of CoOp Board Directors, including Derrill, and independent auditors instructed.

As things became more concerned, members expressed concern via the Ripple Community Forum, some expressing concern that direct emails to Ripple being ignored or part answered. I must admit I too have the same experience. They say we, the investors are the owners, Ripple being the management company but I do not feel like an owner, just a money provider.

I was still happy with Ripple early 2024 so I invested in Whitelaw Brae, project 4. Within months it deteriorated. Whitelaw Brae was not a sole Ripple project like Derril, it had an owner and that owner sold out to another. All contact frooze with Ripple, all they would say is commercially they cannot comment while negotiating a partnership agreement. That was last September. By early 2025 they assured construction work was ongoing, members are OK but still cannot discuss!

This week they have closed the Ripple Community for posting by members saying they are concerned by member comments. I felt member comments were correct bearing in mind Ripple were still keeping us, the owners shut out. We still do not know where we stand with Whitelaw Brae 1 year on. Kirk Hill still has issues, Derril accounts are filed, new directors appointed, new auditor address, I know that as I have registered myself with Companies House to monitor announcements about Derril. From Ripple it is silence on matters that are concerning, then snippets of what they want to say monthly. As owners we are treated like dirt. The following day of closing the Community they then added that due to new impending laws regarding online forums they need to close it to ensure it is ready to conform. Interesting, other forums have not closed!

Another reason why since late 2024 I have become none loyal of Ripple is Derril should have come online in Autumn 2024. It is now summer 2025 and summer has a 3 month period, so when in summer. Basically it will be a year late and no explanation. We are given monthly updates on Derril and the early January one said all panels will be completed by end of January, sub stations being built. Yet the February update, coming in early March said only 70% of the panels are up. Yes a video showed a sub station with a roof on.

Ripple is still active. There are brief monthly updates. Are they a scam, well Kirk Hill indicates not. Are they business quality minded, from my experience no.

I am in Derril and Whitelaw Brae. Cannot request to come out until 2 years after switch on. By then I will stay with them. However I will not invest in another project with them. You are not an owner, just an investor. You are kept in the dark on serious matters. I do not think they are a competent company. Once the project is completed, it is a separate legal entity so hopefully if the end of Ripple comes, we investors can lobby the board of Directors with regards independence.

Sad really, the idea is sound. I just think the industry is beyond the current board of directors of Ripple Energy or at the very least Ripple Management are simply aloof to those they need.