Good Energy has launched its second corporate bond. It wants to raise £10 million (with an over-subscription maximum of £20 million). Its first bond was launched in 2013.

The new bond will have an initial four-year term and investment can be made in multiples of £250. It offers a coupon of 4.75% gross per annum, to be paid semi-annually, and Good Energy customers will be paid at maturity the equivalent of 0.25% for each year of being a customer and a bondholder.