Green Genius secures EUR 36.66 million financing from RGREEN INVEST for the Šeduva solar power plant

Renewable energy company Green Genius has signed a EUR 36.66 million financing agreement with RGREEN INVEST, a French independent investment management company, with over fifteen years’ experience financing the energy transition. This financing will fund the construction of the Šeduva solar park with a planned capacity of 78 MW, one of Green Genius’s largest solar projects in Lithuania.

The plant will span over 150 hectares and is expected to generate enough green electricity annually to avoid approximately 60,457 tons of CO₂ emissions, making a significant contribution to Lithuania’s green energy goals. The connection to Litgrid’s transmission network is planned for the spring of 2027, and the co-located BESS solution is planned to be built around the same time.

RGREEN INVEST, a long-term financial partner for Green Genius, has already financed several of the company’s project portfolios with a combined capacity of over 60 MW. This financing is provided through INFRABRIDGE IV, one of RGREEN INVEST’s debt funds, which specializes in offering flexible, long-term financing solutions for large-scale renewable energy projects across Europe. With more than 15 years of experience in financing the energy transition, RGREEN INVEST has developed a strong track record in supporting the growth of green infrastructure.

This is an important milestone for both Green Genius and Lithuania’s energy sector. This large-scale collocated power plant will supply green and independent energy to the region. Collocated BESS will ensure effective use of the generated energy and support balancing of the grid,” says Rokas Bancevičius, CFO of Green Genius.

Mathilde Ketoff, Partner & Head of Debt at RGREEN INVEST adds: „This financing reflects our long-term commitment to supporting projects which contribute to European energy transition and independence. This investment aligns with our strategy to support reliable and innovative partners like Green Genius, whose work in advancing green energy solutions resonates with RGREEN INVEST’s mission to accelerate the transition to a low-carbon and sovereign European energy model.

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