Romania’s Restart Energy raises $30 mln in ICO

Romanian energy provider Restart Energy said it has has raised $30 million (24.4 million euro) in an ICO, which it plans to use to develop a peer-to-peer, fully decentralized energy transfer platform Restart Energy Democracy (RED) allowing users to send and receive energy worldwide. Restart energy is part of Armand Group, controlled by Romanian businessman  Armand Domuta and has a customer base of 27,000 household and 3,000 corporate clients.

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