Green genius uab Northern Mariana Islands
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Green genius uab Northern Mariana Islands
EBRD invests €100 million in Green Genius, becomes shareholder
The European Bank for Reconstruction and Development (EBRD) has committed €100 million (US$110.2 million) in financing to Lithuanian renewable power developer Green Genius, to expand its work...
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Green Genius obtains €6.9 million financing for an innovative
Green Genius, a leading renewable energy developer and independent power producer owned by Modus Group, is to receive an equity investment of up to EUR 100 million from the European Bank for Reconstruction and Development (EBRD). This investment will fund Green Genius'' expansion plans through 2029 in various European countries.
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EBRD invests €100 million in Green Genius
With Green Genius transitioning from a developer to an independent power producer, this investment will accelerate their expansion into EU markets, including the Baltic states, Poland, and Romania. This project
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EBRD invests EUR 100m in Lithuania''s Green Genius
The European Bank for Reconstruction and Development (EBRD) will inject up to EUR 100 million (USD 110.4m) in equity into Green Genius to support the Lithuanian renewables developer and power producer''s growth plans.
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Nala acquires 34MW Lithuanian PV portfolio from Green Genius
"We''re delighted to have expanded into Lithuania via the acquisition of this operational PV portfolio from Green Genius, a well-established counterparty for Nala," said Will Herlinger
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Į „Green Genius" 100 mln. Eur investuoja ERPB
Įmonių grupės „Modus Group" valdoma atsinaujinančios energetikos bendrovė „Green Genius" susitarė dėl solidžios investicijos. Europos rekonstrukcijos ir plėtros bankas (EBRD) į „Green Genius" investuos iki 100 mln. Eur. Įgyvendinus šį sandorį, kuriam dar turės pritarti kelių šalių konkurencijos priežiūros
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EBRD invests €100 million in Green Genius, becomes
The European Bank for Reconstruction and Development (EBRD) has committed €100 million (US$110.2 million) in financing to Lithuanian renewable power developer Green Genius, to expand its work...
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ERPB prašo leidimo įsigyti dalį „Green Genius" įmonės
Europos rekonstrukcijos ir plėtros bankas (ERPB) prašo Konkurencijos tarybos leidimo įsigyti dalį lietuviško kapitalo tarptautinės grupės „Modus grupė" valdomos Nyderlanduose registruotos atsinaujinančios energetikos bendrovės „Green Genius International" akcijų.
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Green Genius secures €16.4 million for solar projects in
Green Genius will install a 1.5MW solar power plant and a 2MWh capacity accumulator on the roof of the company''s brewery in Utena, North Lithuania, in the first stage.
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EBRD invests €100 million in Green Genius
With Green Genius transitioning from a developer to an independent power producer, this investment will accelerate their expansion into EU markets, including the Baltic states, Poland, and Romania. This project embodies the values that the EBRD prioritises, offering a strong governance framework and ambitious ESG standards that could serve as a
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Will EBRD invest in Green genius?
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of renewable energy developer Green Genius with an equity investment of €100 million. Once approved by the competition authorities in the relevant countries, the EBRD will become a minority shareholder in the company.
Who is green genius?
Green Genius, a subsidiary of the Modus Group, is a leading developer of renewable energy and headquartered in Vilnius, Lithuania. The company’s portfolio covers solar, wind, biomethane and batteries. To date, it has developed 2.7 GW of renewable energy projects across multiple European markets and has completed 549 MW worth of projects.
Will Green genius become an independent power producer?
With Green Genius transitioning from a developer to an independent power producer, this investment will accelerate their expansion into EU markets, including the Baltic states, Poland, and Romania.
Why did Green genius join the EBRD?
Ruslan Sklepovič, CEO of Green Genius, said: “We are delighted to form a partnership with the EBRD. This partnership reflects Green Genius' long-term strategy to further build its development portfolio and transition into an independent power producer.
Will Green genius promote gender diversity in the Lithuanian energy sector?
In turn, Green Genius will aim to promote gender diversity in the Lithuanian energy sector. Grzegorz Zielinski, EBRD Head of Energy Europe, said: “Promoting renewable energy is central to EBRD objectives, and enhancing energy security remains a key priority for the Baltic states.