Lantania and Crowmie launch Spain’s first tokenised renewable energy project

• The Green-fintech Crowmie will finance the construction of a self-consumption solar power plant at Typsa’s factory in Zaragoza in two weeks through tokens
• The operation offers investors an estimated return of 7.5% per annum for five years

Madrid, 1 Febrery 2023. Lantania and the Green-fintech Crowmie have launched Spain’s first tokenised renewable energy project. The infrastructure, water and energy group and the Valencian startup have joined forces to finance the construction and maintenance of a self-consumption solar power plant at the Traviesas y Prefabricados de Aragón (Typsa) factory in Zaragoza through tokens.

Crowmie has raised the necessary funding to bring this project to fruition in xxxx weeks using the CROW-TYP token. The minimum entry ticket was 100 euros and the initiative has attracted 44 investors from eight countries, who will earn an estimated return of 7.5% per annum over the five years of the operation.

Lantania will be responsible for the construction and maintenance of the facility at the factory of its subsidiary Typsa. The plant will have an installed capacity of 117.8 kWp and will prevent the emission of 1,365 tonnes of CO2, the equivalent of 432 diesel cars running all year round and the annual emissions of 1,936 Spanish households. With this agreement, Lantania boosts its position in the renewable energy market and reinforces its commitment to sustainability. “Our partnership with Crowmie is a step further in the obligation we have acquired with innovation and with the ambition to build a better world,” says Lantania’s General Manager of Business Development, Luis Corrales.

For Crowmie’s co-founder and CEO, Fernando Dávila, “it is the perfect time to finance this type of asset thanks to the high returns it offers and its positive impact on society. At Crowmie we help companies deal with the energy transition. We take care of everything, the companies do not need to do any paperwork or face any extra expenses and we are able to generate energy and financial savings.” Dávila points out that in the case of Typsa, “energy savings of more than 40% and financial savings of 20% are achieved over five years, which is the duration of the operation. Upon completion, Crowmie investors earn an estimated return of 37.5% and the facility is transferred to Typsa. After this time, the facility passes into the hands of Typsa.”

Created in 2022 by entrepreneurs Fernando Dávila, Pablo Valverde and Joshua Cleveland, Crowmie is the world’s first company to tokenise – convert physical goods into digital assets – renewable energy projects, breaking down barriers so that anyone can invest in them. The mission of this Green-fintech is to democratise access to clean, liquid and secure investments by using blockchain technology to improve current fund-raising and remuneration processes. In short, the idea is to give any investor access to an attractive financial return in a booming sector that is protected against inflation and under a real, physical and tangible project.

From 100 euros, anyone can invest in a clean energy project through the web platform created by Crowmie. In it the investor can monitor their investment in real time, see the transactions they have made, their investment portfolio and monthly generated returns and reinvest in future projects using compound interest. All Crowmie operations are supervised by an Investment Services Firm (ESI).

About Lantania

The Lantania Group builds large transport, water and energy infrastructures. It develops sustainable solutions that improve quality of life and promote a cleaner and healthier world. Lantania has a portfolio of work in progress of over 650 million euros and assets of over 200 million euros. The expansion of the Guadalajara hospital, the construction of the Almudévar dam (Huesca) and the San Jorge solar plant (Castellón), together with the electrification of the first section of the high-speed rail line to Extremadura, are some of Lantania’s outstanding projects. The company is already present in Colombia, the United States, Saudi Arabia, Algeria, Morocco, Poland, Slovakia and Bulgaria.

About Crowmie

Created by Fernando Dávila, Pablo Valverde and Joshua Cleveland in 2022, Crowmie is a startup backed by experienced and prestigious entrepreneurs in the field of startup and technology ecosystems, which also has the support of successful companies such as Lantania, Statkraft, Sungrow and Demium Capital.

The creation of Crowmie instils a business model based on one of the largest and most stable economic sectors -the renewable energy sector-, optimising the model thanks to the knowledge and application of the latest technologies.

Crowmie and its team is in charge of finding viable renewable energy projects, currently focused on industrial self-consumption, and uses technology to allow investors and savers to contribute affordable amounts (tickets) for any profile, from anywhere in the world (from their PC, Tablet or mobile), in seconds, with total security.