Green Genius secures 92 million loan to construct wind park in Western Lithuania
Renewable energy company Green Genius, operating in 8 European markets, signed 92 million EUR loan with Swedbank in Lithuania. These funds will be used for the construction of an 80 MW wind farm in Jurbarkas district, Western Lithuania.
“80MW wind farm in Lithuania will further improve Green Genius development and construction portfolio diversification in terms of geography and technology. Being one of the largest projects in the country it will also support the region’s pursuit towards decarbonization and energy independence. ,” says Rokas Bancevičius, CFO of Green Genius.
The wind park will start generating green electricity in 2025 and will be the largest such park in the Jurbarkas region. It will provide business enterprises in Lithuania with green electricity, saving more than 130,000 tons of CO2 per year.
Green Genius obtains €6.9 million financing for an innovative Energy-as-a-Service solution combining a solar PV powerplant with storage systems
Renewable energy company Green Genius, operating in eight European countries, and Citadele Bank in Lithuania have signed a financing agreement worth nearly €7 million. These funds will be allocated to construct a power plant, which will operate with an innovative Energy-as-a-Service solution, enabling it to meet 100% of industrial customers’ electricity needs from renewable sources. ...
Green Genius secures financing for its Romanian project development
Green Genius, a renewable energy company, operating in eight European markets, and Mundus Bridge Finance, the private debt fund of INVL (the leading investment management and life insurance group in the Baltics), have agreed on €9.5 million financing. “Romania is an important market for Green Genius and for European green transition. We aim to develop ...