Greetings to our community,
We have some good news and some not so good news to share with you.
The Good News
For quite some time we have been working on the first issuance of a Green Bond. We are currently in the last phase before signatures cement the deal. This Green Bond will allow Ecowatt to invest in more green asset projects, ensuring our steady growth.
This bodes well for our current and upcoming investors. Large institutional investment in our company goes a long way in terms of gaining credibility amongst other institutions and the ultimate longevity of the company. We will announce once the Green Bond has been finalised and signed.
The Not so Good News
On the other hand, we have some rather disappointing news (depending on how you perceive it).
It is of utmost importance that we as Ecowatt, follow the guidance of legal and compliance teams to ensure the project is credible and always above-board, and your investments are secure for the long-term. There have been recent developments in the regulatory environment which mean we will no longer be able to continue with the competition for October and November.
We all really understand how disappointing this is, and we wish we could continue but to ensure we remain compliant, we cannot continue unfortunately.
However, all winners from September, you all will still enjoy the holiday in Dubai in January 2023.
When the regulatory environment is in our favour again, we will look at creating a new competition in the future.
But, thankfully, all the institutional investment conversations are moving forward to support Ecowatt in our long-term growth plans. Step-by-step we will continue to improve and make this an incredible company to invest in.
Until then, please take the opportunity to sign up for the newsletter to stay up to date on a regular basis.
Best regards,
the Ecowatt Team
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