Crowdfunding
RWE Launches Crowdinvesting Campaign on Ener2Crowd for the Construction of a Wind Farm
RWE is developing a 54 MW onshore wind farm in San Severo, expected to power 55,000 Italian homes by late 2024. Through the Ener2Crowd crowdfunding platform, supporters can invest €250–€5,000 with an 8% annual return. RWE is also building a second wind farm in Puglia and its first 8.3 MW solar plant in Sicily.
Receive a direct financial benefit and take an active role in the energy transition. These are the cornerstones of the campaign “ Let’s Create Energy – Together for the Energy Transition in Italy”, which RWE first launched exclusively in Puglia and has now extended to the entire national territory.
The initiative offers citizens the opportunity to invest in the construction of a new onshore wind farm located in San Severo, in the province of Foggia, through the crowdinvesting platform Ener2Crowd.
RWE is a major player in the renewable energy market in Italy. Thanks to its extensive experience in the sector, it is present in the country with 15 onshore wind farms in operation with an installed capacity of approximately 500 megawatts, capable of meeting the annual energy needs of approximately 400,000 families.
Investing in the construction of the San Severo wind farm
This is a concrete way to support the development of green energy and the decarbonization process of our country, an opportunity to share with local communities and the entire country the environmental and economic advantages that derive from the development of energy from renewable sources.
The new onshore wind farm in San Severo, in fact, with 54 megawatts of total installed capacity, will provide clean energy to 55,000 Italian families when fully operational.
Construction of the plant began in December 2023 and is expected to enter into operation by the end of December 2024.
The lending crowdfunding campaign on Ener2Crowd
To join the campaign, investing in sustainability, RWE has chosen the Ener2Crowd platform , one of the first authorized by CONSOB (Italian Financial Market Supervisory Authority).
Each of the campaign’s supporters can in fact invest from 250 to 5,000 euros with returns of 8% gross per year for a duration of 24 months. The campaign has already raised 140,000 euros to date, against a minimum goal of 100,000, thanks to over 110 investors.
To date, Ener2Crowd.com, with over 15 thousand members, has already financed 135 ESG projects for over 31 million euros in funding.
Other RWE projects
Also in Puglia, RWE has been building another onshore wind farm for several months: Mondonuovo, located in the province of Brindisi, for an additional 53 megawatts.
Once both plants are operational, RWE will generate enough electricity from onshore wind to supply green energy to more than 500,000 households in Italy.
The company is also currently building its first photovoltaic plant in Italy: Bosco, an 8.3 megawatt (MWac) ground-mounted solar plant that will be installed in the municipality of Partinico, near Palermo.
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(Featured image by Anastasia Palagutina via Unsplash)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Crowdfunding buzz. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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