Green Genius renewable energy company has signed a financing agreement with Cordiant Capital, a Canada-based infrastructure and real assets investment manager, to construct four solar power plants with a total capacity of 32.6 megawatts (MW) in Lithuania.
“Once again, we have successfully brought a new investor to the region,” said Rokas Bancevičius, CFO of Green Genius. “We are thrilled to partner with Cordiant Capital. Their commitment to infrastructure investment perfectly aligns with our mission to electrify the modern world.”
The Lithuania-based Green Genius has developed 2.7 gigawatts (GW) of renewable energy projects across multiple European markets, most of them in the CEE region and has completed 549 MW of projects to date.
“This collaboration underscores Cordiant’s dedication to supporting impactful projects globally,” said Emmanuel Braoudakis, Managing Director and head of Energy Transition Direct Lending at Cordiant Capital. “We are excited to build on this financing partnership with Green Genius in the Baltics and beyond.”
Cordiant is a specialist global infrastructure and real assets investment manager, with 4 billion dollars (3.8 billion euros) in capital investing in the second generation of infrastructure and real assets (‘Infrastructure 2.0’).