Compliant STO with transparent legal and executive structure, EU registered security token for sustainable long-term operation in renewable energy sector.
Windmine AG is developing a wind park on the shoreline of the Baltic sea, near to Liepaja, Latvia. Project has unbeatable superstar location – close to industrial zone of Liepaja that supplies with development opportunities and open turbine formation towards main wind currents heading from the sea which brings all main characteristics close to an offshore park performance stats, but with an onshore park building expenses.
Total installed production capacity 60MW
15 high performance Enercon E-126 EP3 4MW wind turbines
Direct connection to
Northern Europe energy grid
Token holders hold rights to dividends and buy back option from Windmine AG
Windmine AG issues security token under
ERC-20 token standard
Liechtenstein based holding
company Windmine AG
Latvia based subsidiary company -
wind park operator
streams from direct sales to industrial customers
Main energy trade partner NordPool
Portal will become a centralised place for Windmine community to gather all project related updates and information as well as a tool to interact with the company. Windmine will launch blockchain powered query system in order to involve it's token holders in large scale decision making.
Once the energy production starts, production data will be accessible through the portal in nearly real time mode.
Area market prices
real term prices (EUR/MWh)
Founder and CEO
Entrepreneur and business development leader. Entrepreneurial and management experience in international telecommunications.
Co-founder and leading professional of renewable energy project development. Legal advisor and opinion leader in renewable energy sector.[email protected]indmine.com
Financial analyst and risk management officer. More than 10 years of extensive banking and asset management experience.[email protected]
Highest demanded engineer in the Baltic region. Holds Dr.sc.ing degree in electrical engineering and has extensive experience in development of economical models for energy production.[email protected]
Experienced business process developer with extensive proficiency in electronics and leading position experience in top 50 EU trade companies.[email protected]
Practicing commercial lawyer and litigator for over 10 years. Expertise in commercial transactions, international business and energy markets.[email protected]
Cal Evans is perhaps one of the very few international technology lawyers with expertise in STO compliance and strategy.[email protected]
Holds BCompSc degree and has 6 years of web development experience. For the past 2 years been working in the blockchain technology field, with the emphasis on security token industry.[email protected]
Windmine project has several strengths that are well described in detail in Whitepaper, but keeping it short, major advantages are: 1) obstacle free location almost on the shoreline of the Baltic sea providing near offshore windpark stats with onshore construction expenses 2) proximity to Liepaja city that allows to expand customer base among industrial energy consumers 3) long term energy price increase forecast that creates a perfect combo with growing demand of energy derived from renewable sources and strengthening energetical independence of Latvia.
Despite increasingly energy efficient appliances, improved efficiency of day to day consumer goods and energy saving improvements in all sorts of production facilities, annual energy consumption rate shows steady growth. And blockchain related energy consumption increase is just to be added to that. Trying to predict the future for next decades to come it is rather easy to forecast growing importance of energy sector and energy from renewable sources will play a central role if not overtake the sector in some certain regions.
At Windmine we believe in importance of efficiency. And we're creating a business project that will be producing renewable energy to supply high number of households and businesses for at least next 30 years. Blockchain has had an explosive and turbulent arrival making headlines for a couple of last years, but despite a furious start we truly believe it has potential to improve the way we make business and therefore it would be a shame for Windmine as forward looking company to not use a technology that has huge potential to define our future for many years to come.
Project has received all required permits and certifications to start building the windpark tomorrow. Once necessary amount of funds is raised, Windmine will sign agreements with technology suppliers (Enercon for wind turbines, Siemens/ABB for substation appliances), construction and supervision partners to launch building phase of the park that is estimated to take 12-14 months until completion and putting facility into operation.
Theoretically all energy producers that sell their energy on NordPool market are our competitors. Yet we have a number of advantages to consider. To begin with - Latvia uses more energy than it is able to produce. Every year approximately 2TW of energy are purchased from external sources to cover domestic consumption. Compared to any other currently operating windpark we are going to use technology that is going to be the latest, the most advanced and certainly more efficient anyone else have in the market. Our position on the shoreline of the Baltic sea positioned towards main wind currents with no existing obstacles provides us with prime location that allows to stabilize our energy output reaching over 32% average annual output from installed production capacity of 60MW. It is called “capacity factor” and is judged as a primary factor evaluating potential of powerplants, please take a further read for deeper details in our Whitepaper.