France: the WPO platform launches its ICO for its GreenToken

WPO is a French company specializing in renewable energies.

WPO has obtained the visa from the AMF to launch its Initial Coin Offering (ICO).

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WPO specializes in the management of assets and services related to renewable energies

The European group launched its Initial Coin Offering (ICO) on September 8 for a period of 2 months.

About WPO

Founded in 2008, WPO is one of the main independent European platforms for asset management and specialized services in wind and solar photovoltaic.

WPO oversees a capacity of more than five gigawatts and the production of ten terawatt hours per year of electricity from renewable sources. WPO is active on more than 600 wind and solar sites installed in 12 European countries.

In 2017, WPO was recognized in the Financial Times as one of the 1000 fastest growing European companies.

The value of assets under mandate is approaching seven billion euros and each year exceeds 900 million euros in the sale of electricity produced from renewable sources.

About the ICO

WPO has obtained the visa from the AMF to launch its Initial Coin Offering (ICO). The WPO token is called GreenToken.

As of December 1, 2020, GreenTokens tokens will be able to be exchanged on the French Savitar exchange. Barthélemy Rouer, CEO and founder of WPO, said:

Our ICO aims to change scale by deploying the GreenToken to all professional players in the energy sector, as well as to individuals. We thus wish to build a new European multiservice platform based on blockchain and adapted to the intermittent and decentralized nature of renewable energies.

Since the AMF implemented its visa for ICOs, WPO is the first company in the energy sector to obtain the sesame.