Good Energy has closed its second corporate bond having received valid applications for £16.7m.
Founder and chief executive Juliet Davenport said: "I am thrilled and humbled by the huge vote of confidence in our business and purpose by customers and investors alike and it is testimony to the value of putting customers and stakeholders at the heart of our funding strategy.
"These funds will help support and enhance the delivery of our new strategy as we explore opportunities in exciting new business areas including green business consultancy and solutions to promote the wider use of electric vehicles and energy storage.
"Those committed to a cleaner, greener, fairer future are coming together in a global movement that has never been more powerful than it is today and I'm thrilled that the Good Energy family - our customers, our investors, our shareholders, our staff, our generators and our partners are at the heart of it."
Good Energy said that in addition to the valid applications, it had a small number of additional applications for Good Energy Bonds II that were still in the process of being cleared.
It said these additional applications would not materially change the results of Good Energy Bonds II and no further applications were being accepted.
The company said it expected to allot bonds on 30 June.
At 8:15am: (LON:GOOD) Good Energy Group Plc share price was +3p at 221p