Renewable energy leader

We develop and operate:

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Solar energy

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Biogas energy

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Wind energy

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Hydrogen energy

KEY numbers

1.5 GW

Project pipeline

<399 GWh

Power produced in 2020

<335 k

Tons of yearly CO2 savings

€ 445 M

Invested over the past 5 years

What is Green Genius?

To make a change, it takes accountability first. There is a story about how we empower sustainability.

Achievements in 2021

 

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Portfolio review

We have plans to  build 1.5 GW up to 2025. Learn more how the project pipeline looks today.

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News
Berenberg Green Energy Junior Debt Fund is to partly finance a 69 MWp solar park portfolio for Green Genius in Poland

Vilnius/Hamburg. 20 September 2022. The private bank Berenberg and the international renewable energy company Green Genius begin their cooperation with a solar park portfolio in Poland. The Berenberg Green Energy Junior Debt Funds provides mezzanine financing of €22 m, which, along with other financial resources, is to be used for the construction and operation of 69 MWp. The private bank Berenberg acts as an investment advisor to the fund. The project portfolio with a capacity of 69 MWp consist of individual 1 MWp, 5 MWp or 8 MWp PV plants spread across Poland. The portfolio will operate on a mix of 10-year PPAs, 4-year PPAs and the state-backed 15-year contract-for-difference (“CfD”) support mechanism ensuring stability of electricity pricing for the projects. The portfolio is about to start construction and is expected to be complete in 2023. Total investment into this project will reach up to €59m. The project portfolio will be built with around 106,200 photovoltaic modules, which will produce enough energy to meet the electricity demand of around 24,200 homes. In addition, 49,490 tonnes of CO2 will be saved from emission into the atmosphere. The project helps Poland to become more independent from fossil fuels like coal, which is still the major source of Poland’s electricity generation. “Besides the region's energy independence urgency, sustainability issues have not gone anywhere. Trusted financial partners have always had a major role in making big changes happen. Therefore, we're delighted to start a new partnership with Berenberg in our long and meaningful journey”, –   said Rokas Bancevičius, CFO of Green Genius stated. The 69 MWp solar park portfolio is one of several investments in Poland for the Berenberg funds but the first with the developer Green Genius marking another successful entry into a long-term partnership. Torsten Heidemann, Head of Infrastructure & Energy of Berenberg said, “We are proud to support Green Genius on its strong growth path in Poland and look forward to finance future Green Genius projects across Europe. They have the know-how and resources to become a major player in the European renewable energy market.”

Berenberg Green Energy Junior Debt Fund is to partly finance a 69 MWp solar park portfolio for Green Genius in Poland Vilnius/Hamburg. 20 September 2022. The private bank Berenberg and the international renewable energy company Green Genius begin their cooperation with a solar park portfolio in Poland. The Berenberg Green Energy Junior Debt Funds provides mezzanine financing of €22 m, which, along with other financial resources, is to be used for the construction and operation of 69 MWp. The private bank Berenberg acts as an investment advisor to the fund. The project portfolio with a capacity of 69 MWp consist of individual 1 MWp, 5 MWp or 8 MWp PV plants spread across Poland. The portfolio will operate on a mix of 10-year PPAs, 4-year PPAs and the state-backed 15-year contract-for-difference (“CfD”) support mechanism ensuring stability of electricity pricing for the projects. The portfolio is about to start construction and is expected to be complete in 2023. Total investment into this project will reach up to €59m. The project portfolio will be built with around 106,200 photovoltaic modules, which will produce enough energy to meet the electricity demand of around 24,200 homes. In addition, 49,490 tonnes of CO2 will be saved from emission into the atmosphere. The project helps Poland to become more independent from fossil fuels like coal, which is still the major source of Poland’s electricity generation. “Besides the region's energy independence urgency, sustainability issues have not gone anywhere. Trusted financial partners have always had a major role in making big changes happen. Therefore, we're delighted to start a new partnership with Berenberg in our long and meaningful journey”, –   said Rokas Bancevičius, CFO of Green Genius stated. The 69 MWp solar park portfolio is one of several investments in Poland for the Berenberg funds but the first with the developer Green Genius marking another successful entry into a long-term partnership. Torsten Heidemann, Head of Infrastructure & Energy of Berenberg said, “We are proud to support Green Genius on its strong growth path in Poland and look forward to finance future Green Genius projects across Europe. They have the know-how and resources to become a major player in the European renewable energy market.”
Luminor and Green Genius sign €10.3 m deal  Renewable energy company Green Genius signs €10.3 m deal with Luminor Bank in Lithuania. The loan is to be used to construct remote solar parks in Lithuania.  The total capacity of remote solar parks will be 15.7 MW. Lithuania's remote solar park model enables the production and usage of green electricity in different locations. For example, electricity produced in a remote solar park in West Lithuania might be used in South Lithuania or elsewhere in the country.   "Stability and the ability to adapt to constantly changing market conditions are crucial to achieving green energy and energy independence goals. Therefore, the role of financial institutions is an essential one. That's why we highly appreciate Luminor's reliable partnership," says Rokas Bancevičius, CFO of Green Genius.  "Green energy projects are considered a priority, so we actively support companies implementing environmentally significant plans in Lithuania," says Andrius Načajus, Head of Luminor bank in Lithuania.  It is already the second loan of this type in 2022, as Luminor and Green Genius signed a €20 m value transaction back in February. These funds are used to construct remote solar parks with a capacity of 35 MW in Lithuania.  
Luminor Lithuania to grant 12m EUR green guarantees to Green Genius  The renewable energy company "Green Genius" and the "Luminor" bank in Lithuania agreed on enlarging the limit of green guarantees to 12m EUR. It is already the third agreement between the two partners on green guarantees.  "The green guarantees provided by the bank to the green energy developer create opportunities for faster and more stable development of green energy projects. These projects will increase the generation of green and independent energy and the region's energy security. We highly value this reliable partnership with Luminor and the mutually created value-based cooperation," says Rokas Bancevicius, CFO of Green Genius. Green guarantees differ from other guarantees as their purpose is clearly defined - they are used only for green projects. Guarantees usually become an essential incentive for green projects in their early stages. "Three main goals of Luminor Bank are promoting sustainable economic growth, mitigating climate change, and building strong institutions. By financing the development of green energy, we contribute to promoting a sustainable economy. This is the ambition of Luminor Bank today, and it's great that we can do it in cooperation with our long-standing partners," says Andrius Načajus, head of Luminor Lithuania. The first green guarantee agreement between "Green Genius" and Luminor Lithuania was signed a year and a half ago, i.e., in the spring of 2021.
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