u/WHD2010

Received a disturbing mail from Ventus.Energy (p2p platform)

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Dear community,

Due to a combination of significant regulatory, banking, and operational challenges have materially affected the Company's ability to continue operating under normal conditions.

In particular:

1. The German financial regulator (BaFin) has ordered the Company to cease accepting funds from German residents and to implement a repayment and wind-down framework for affected lenders.
2. The Company's payment and banking arrangements have been severely disrupted, limiting its ability to process payments and fulfil obligations in the ordinary course of business.
3. The Company has faced targeted disruptive activities that have negatively affected its operations, resulting in criminal proceedings being initiated in Estonia in relation to part of those activities.

After reviewing these circumstances, the shareholders concluded that the most responsible course of action is to preserve the value of the Company's assets, maintain operational continuity, seek court-supervised restructuring protection, and pursue an orderly monetisation of the Company's energy portfolio. The objective is to maximise recoveries and ensure fair treatment of all lenders while avoiding a disorderly insolvency process that could significantly reduce overall recoveries.

Given the circumstances described above, and in order to protect the interests of all lenders, an urgent shareholders' resolution was convened, at which the following actions were agreed upon:

1. Cease accepting any new loans through the platform.
2. Suspend all new interest payouts and capitalise all accrued interest going forward.
3. Suspend Early Exit functionality. Amounts already collected for pending Early Exit requests will be processed and credited to the respective lenders' wallet balances while pending Early Exit requests for which collection had not yet commenced shall be cancelled and returned to the relevant project balances.
4. Repay, as soon as reasonably practicable withdrawals from lenders' Ventus Energy wallet, subject to the Company's payment institution compliance requirements and restructuring procedures.
5. To commence restructuring and protection procedures under Estonian law in accordance with the provisions of the Estonian Bankruptcy Act (Pankrotiseadus) and the Estonian Reorganisation Act (Saneerimisseadus).
6. Designate, as the primary mechanism for fulfilling obligations towards lenders, the structured sale of the Company's assets and operational portfolio segments, including Heat & Electricity, Wind & BESS, Solar & BESS, and other energy infrastructure assets. The Management Board has been instructed to immediately initiate asset sale and monetisation processes. The repayment plan will also include options for completing energy projects currently in the development phase, with the objective of maximising their value and thereby fully satisfying the Company's obligations towards lenders.
7. To instruct the Management Board to prepare a comprehensive repayment plan covering lenders from all jurisdictions, including indicative repayment scenarios, implementation steps and projected timelines, and to submit such plan to the Shareholders for approval no later than 10 July 2026.
8. The Company's highest priority in the repayment plan and future operations shall be the full repayment of obligations owed to lenders.
9. To instruct the Management Board to ensure regular and transparent communication with lenders regarding the progress of the process, including providing lenders, no later than the first week of July 2026, with a more detailed report on the Company's next steps, potential repayment scenarios and indicative timelines.

Notice from the Management Team

Thank you for all the support we have received so far.

We are fully committed to making every possible effort to recover the funds that have been invested in building and acquiring our energy portfolio.

Until the banking situation is resolved, we plan to publish frequent updates.

We will also provide updates on the restructuring process and potential asset sales at least once a month. However, to minimise the risk of interference from unrelated or uninvolved parties, we will refrain from disclosing the identities of potential buyers or other active leads until binding agreements have been signed.

We understand that this is a lot to take in. We are devastated and frustrated, just as many of you are. Nevertheless, we must move forward and focus on recovering your investments.

We are sure that you will have many questions. Please send them to info@ventus.energy. As always, we will hold a lenders' Zoom call on Tuesday, 16 June 2026, at 18:00 CET to answer where possible.

 

Thank you for your trust and support,

 

Henrijs Jansons, Jānis Timma

and

Ventus Energy team

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I was just about to invest into this platform, but reading this, I'm currently putting that off for now...

Anyone investing here???