Restart Energy Signs Gas Contract with ENGIE Romania
Recently our main focus has been the constant expansion outside our country borders, which has been met with great success so far: we have managed to officially register branches in several countries, secured our very first Type A franchise in Italy, as well as our first Type C franchise in the U.S., and even trained one of our avid supporters on the finer points of setting up a regional Type B franchise in Andalucia.
Considering that our external affairs are constantly developing at a fast pace, we took the initiative and strengthened our position as a top supplier within our home country by signing a gas contract with none other than ENGIE Romania!
Recently, ENGIE Romania has inaugurated its very first compressed natural gas public station for vehicles in Sector 6 of our capital city Bucharest and disclosed their intentions of building an entire network of similar stations. Its parent company, ENGIE, has already built 150 such stations within Europe — mainly in France and Belgium. Today the technology is widely used throughout Europe; in Italy alone, over 1,000,000 cars utilize compressed gas technology. All of its compressed gas stations, past and present, are environmentally friendly and provide drivers with fast-charge equipment for ever-more compatible vehicles.
The supply of energy is Restart Energy’s specialty and given our aggressive local expansion — with over 1700% growth since 2015 — we are in a prime position to integrate ENGIE Romania’s extensive gas distribution network with our own disruptive offering of energy services. The added gas distribution reach will benefit our Romanian customers both now and long into the future, all the while setting the stage for future expansion in and outside of our home country. We can learn much from each other and are looking forward to working together in the future.
About ENGIE
Headquartered in the business district of La Défense, within the Paris Metropolitan Area, ENGIE is internationally esteemed as a pioneer in gas distribution services and production, holding a podium-position as a top supplier within several countries.
The company operates an impressive gas distribution network, spanning 19,400 Km and encompassing 19 counties, including Romania’s capital city of Bucharest. ENGIE also offers electricity services, both production and distribution — especially renewable energy and nuclear. The company currently employs over 153,000 people, having generated 66.6 billion EUR in revenues, in 2016.
It was formerly known as GDF Suez, prior to April 2015, and has its roots in the merger of Gaz de France with Suez — meaning that it can trace its history as far back as 1859, when its predecessor, the Universal Maritime Suez Canal Company started construction on the Suez Canal. Its new identity as ENGIE reflects the company’s outlook as a modern, socially responsible corporation.
About ENGIE Romania
Headquartered in Bucharest and formerly known as Distrigaz Sud, the company was founded in 1975 and has been historically one of the most important gas distributors in Romania. They are now a subsidiary of the French multinational electric utility company ENGIE. Before adopting the name ENGIE Romania, the French subsidiary operated under the name GDF SUEZ Energy Romania and continued to serve as one of the foremost gas distributors on the Romanian energy market.
In September 2015, GDF SUEZ Energy Romania declared that a trademark substitution will occur as a result of its parent company’s natural international rebranding process from GDF SUEZ to ENGIE. As a follow-up to the rebranding process, the company’s social nomenclature has also been altered to ENGIE Romania, in order to reflect and emphasize its new corporate identity. It has established a stellar reputation within Romania, by delivering top quality services to approximately 1.7 million clients.
About Restart Energy
Restart Energy Democracy (RED) is a blockchain-powered platform, backed by Restart Energy — a European energy provider with 20 million USD in revenues. The company was built with a vision to democratize the energy sector and quash the dominance of legacy monopolies in the energy world. The company’s credentials include a customer base of 27,000 household and 3,000 corporate clients, expanding at more than 2,000 clients per month (5,000 new customers in the first two months of 2018), and its impressive growth: 1700% from 2015 until today.
Restart Energy is developing the world’s first peer-to-peer, fully decentralized energy transfer platform allowing users to send and receive energy worldwide, based on its proprietary virtual balancing system, that uses A.I., Big Data, and IoT technologies. The RED ecosystem is comprised of the RED-Platform, RED-Franchise and RED-MWAT Tokens.
The RED-Franchise is the first power retail franchise to simplify and allow any company or entrepreneur to operate their own power utility enterprise, enabling them to start selling energy in more than 35 deregulated energy markets globally.
MWAT tokens are crypto-tokens that enable the buying and selling of up to 1 MWh of electricity per month on the RED-Platform Software and will facilitate the development of affordable clean energy, through free-market practices. Upon completion of registration on the platform, an initial loyalty bonus of 0.11 kWh is applied. Producers send out monthly loyalty bonuses through the RED Loyalty System, totaling 1–5% of traded on-grid energy in exchange for access to the RED Platform.
Importantly, it should be noted that potential franchise partners will need to own (this is not a form of payment to us) a certain number of MWAT tokens, in order to qualify for our various franchise tiers — the secret to our award-winning growth as a business!
For more information, please visit our website, our Telegram, and read the Restart Energy whitepaper. Join our announcement channel for updates regarding Restart Energy Democracy.
RED — Send and receive energy, worldwide.
