Gone into administration
Gone into administration
4.6
Excellent
662 reviews
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Review summary
Ripple Energy is exceptionally well-rated by customers. Customers particularly appreciate service and professional, though some mention concerns about communication and customer service.
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Based on reviews, created with AISee what reviewers are saying
I hummed about this one before…
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…
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
Scanners!
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.
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Website
www.rippleenergy.com
All reviews
662 total • Write a review
Showing 1 - 10 of 658 reviews
N
Nathan
US
In Administration
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.
Date of experience: March 21, 2025
MM
Email came in today.
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
Date of experience: March 20, 2025
MH
Ripple entering administration
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.
Date of experience: March 20, 2025
GW
They have literally just gone into…
They have literally just gone into administration this morning. No further information as of now
Date of experience: March 20, 2025
DV
Ripple Insolvent
Ripple have appointed administrators and are going through an insolvency process
Date of experience: March 20, 2025
M
Mark
US
In administration
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.
Date of experience: March 20, 2025
LC
Very poor communications from management
Very poor communications from management. Now it seems they have applied to appoint an administrator.
Date of experience: March 19, 2025
JH
Jon H
US
Alarm bells
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.
Date of experience: March 17, 2025
MC
It’s all fine!
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.
Date of experience: March 16, 2025
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