The European Bank for Reconstruction and Development (EBRD) has made a significant investment of €100 million in Green Genius, a leading renewable energy developer. This strategic move aims to accelerate the expansion of Green Genius’ renewable energy portfolio across Europe, contributing to the region’s green energy transition and enhancing energy security.
As a result of this investment, the EBRD will become a minority shareholder in Green Genius. The funds will be used to support the company’s ambitious growth plans, which include the development of over 2 GW of renewable energy projects. This expansion will not only diversify the region’s energy supply but also promote sustainable energy practices.
The EBRD’s decision to invest in Green Genius is rooted in its long-standing commitment to supporting renewable energy development. The Bank has been actively involved in various projects with Green Genius in the Baltic states, and this investment marks a significant milestone in their partnership.
Green Genius, headquartered in Lithuania, has rapidly emerged as a prominent player in the renewable energy sector. The company’s portfolio encompasses a wide range of renewable energy sources, including solar, wind, biomethane, and batteries. With a track record of successfully developing and implementing renewable energy projects, Green Genius is well-positioned to capitalize on the growing demand for clean energy in Europe.
The EBRD’s investment in Green Genius aligns with its broader objectives of promoting sustainable development and addressing climate change. By supporting the expansion of renewable energy, the Bank is contributing to a more resilient and environmentally friendly energy landscape.
 invests €100 million in Green Genius, a leading renewable energy developer, to support its expansion in Europe and contribute to the region's green energy transition.){kind=link}