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Blockchain Power Trust (TSXV:BPWP.UN) New Listing

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The Trust, through its direct and indirect subsidiaries in Canada, the Netherlands and Romania, has been formed to acquire interests in renewable energy assets in Romania, other countries in Europe and abroad, that can provide stable cash flow to the Trust and a suitable risk-adjusted return on investment.

Additional Information:

Company: Blockchain Power Trust
Website: http://www.blockchainpower.com
Stock Symbol: TSXV: BPWP.UN
Date Published: Jan 4, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media


Blockchain Power Trust is the latest new listing on the TSX Venture Exchange, trading under the symbol “BPWP.UN”, having changed its name from Transeastern Power Trust.

The Trust, through its direct and indirect subsidiaries in Canada, the Netherlands and Romania, has been formed to acquire interests in renewable energy assets in Romania, other countries in Europe and abroad, that can provide stable cash flow to the Trust and a suitable risk-adjusted return on investment.

Blockchain Power is building an integrated renewable energy – crypto currency mining operation, one of the largest in the world.

Powered 100% by distributed renewable generation from its own source, and an innovative liquid cooling immersion technology, the company’s mining facility will be an ultra-low cost operator with zero carbon footprint.

Blockchain Power owns and operates its own renewable energy plants including 3 hydro-electric facilities, 2 solar parks, and 2 wind parks for a combined 83 megawatts of installed capacity.

EU Green Certificates, a form of subsidy for the production of renewable energy in Romania are granted to the projects according to generate type and their year of commissioning.

These EU Green Certificates represent a major source of revenue for Blockchain Power and unlike the typical Feed-In-Tariff or FIT, they are earned for generating renewable energy, not at the time of sale into the grid.

J. Colter Eadie, CEO, stated: “As we move from a renewable energy utility model to a vertically integrated cryptocurrency mining operation we believe we are pioneering a new and robust business model. We are well positioned to power our mining operations primarily through clean energy generated at our own operations at nominal cost augmented by revenue from green certificates earned through the generation of renewable energy. We believe that this is an environmentally sustainable model for cryptocurrencies and one that will allow us to operate profitably in many cryptocurrency pricing environments. We look forward to leveraging our knowledge of renewable energy operations and experience with delivering large scale infrastructure projects to execute our leading-edge cryptocurrency strategy."

The units are trading at $0.65, and with 49 million units outstanding, the company is capitalized at $31.9 million.

For more information, please visit the company’s website www.blockchainpower.com or contact Mike Murphy, CFO, at 416-625-5064 or email mmurphy@blockchainpower.com.



I’m Samantha Deutscher for Investmentpitch Media