Ener2Crowd, Lending Crowdfunding Portal for Green Projects, Receives European Authorization

Ener2Crowd has become an authorized and supervised entity by Consob and the Bank of Italy, thanks to obtaining authorization under Article 12 of European Regulation 2020/1503.

With the arrival of the authorization and the possibility to operate on a single European market, the platform, the brainchild of Niccolò Sovico and founded together with 3 other partners, aims to become the largest European platform supporting the energy transition.

In a note, Ener2Crowd, the first digital investment (lending) platform dedicated to sustainability, said its “made-in-Italy” green collection now aims to exceed €100 million/year over the next three years.

“Having obtained European authorization is a fundamental pillar for the growth and consolidation of Ener2Crowd. It was a complex and lengthy process that allowed us to improve our corporate governance and processes to protect our investors and community. I would like to thank the entire team and our advisors for the great work they have done and for their dedication and professionalism. Finally, Ener2Crowd will be able to start the internationalization process, a key strategic lever for the pursuit of our mission, to become a European leader in the development of sustainable investments,” commented Paolo Baldinelli, Executive Chairman and co-founder.

Giorgio Mottironi, CSO & Co-Founder added, “The path of regulatory update led by Consob and the Bank of Italy has been fundamental to give the alternative finance market a more mature look, promote greater protections in risk management and transparency in favor of investors and thus allow operators like Ener2Crowd to continue to grow with a great responsibility but also more possibilities to make a difference for our future, in Italy and in Europe.”

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About Ener2Crowd

The company was founded in 2018 by Niccolò Sovico, an Energy and Nuclear engineer with experience in the U.S.; Sergio Pedolazzi a civil engineer with managerial experience in the energy-saving sector; Paolo Baldinelli, a degree in economics, with significant experience in the energy and consulting sector; and Giorgio Mottironi, an expert in marketing and behavioral dynamics related to economic systems in the B2C and B2B market.

Launched in late 2019, from 2020 to September 2023, Ener2Crowd has funded more than 100 ESG projects for more than €20 million in funding from more than 10 thousand members and over 4 thousand investors.

In April 2020, the company also closed an equity crowdfunding campaign on Opstart raising €255,000.

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(Featured image by Orlandow via Pixabay)

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