Press releases
Press releases
Green Genius Secures €100M EBRD Investment for European Expansion
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.
Modus Group had revenue of EUR 392 million, investments exceeded a quarter of a billion euros
Modus Group, an international group of companies active in renewable energy, mobility services, automotive business, and investment management, had consolidated unaudited sales revenues of EUR 392 million in 2023, which is at a similar level to 2022 (EUR 404 million).
UAB Modus Grupė successfully distributed a EUR 8 million bond issue: the demand was 2.5 times higher
UAB Modus Grupė, which operates in mobility services, the auto business, investment funds, and other businesses, has completed a public bond issue and raised EUR 8 million in less than a week. More than 400 investors from Lithuania have purchased the bonds.
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