Project Finance Brief: Green Genius Secures $94 Million Financing for Solar Projects
Technique Solaire Group acquires solar projects in the Netherlands and Spain
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Green Genius, a renewable energy company, has secured €87 million (~$94 million) in debt financing for the construction of a 121 MW solar project in Jekabpils, Central East of Latvia. The company received funding from two banks, of which €26 million (~$28 million) was provided by Berenberg Bank, and Nord LB provided a €61 million (~$66 million) loan. The total planned investment for the project is over €100 million (~$108 million).
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Sohini Aich
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