Renewables developer Green Genius has secured a €92m loan to be used for the construction of an 80MW wind farm in Jurbarkas district, Western Lithuania.
The loan is from Swedbank in Lithuania.
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The wind park will start generating in 2025 and will provide business enterprises in Lithuania with green electricity.
“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 decarbonisation and energy independence,” said Rokas Bancevičius, CFO of Green Genius.