We advised “RGREEN INVEST”, a French independent investment management company, on signing a EUR 36.66 million financing agreement with renewable energy company “Green Genius”. This funding will be used to support the construction of the Šeduva solar park, which is one of “Green Genius’s” largest solar projects in Lithuania.
The financing is provided through “INFRABRIDGE IV”, one of “RGREEN INVEST’s” debt funds, which specializes in offering flexible, long-term financing solutions for large-scale renewable energy projects across Europe.
“RGREEN INVEST” is a long-term financial partner for “Green Genius”, having already financed several of the company’s project portfolios with a combined capacity of over 60 MW. The newly financed Šeduva solar plant will have a planned capacity of 78 MW and will span over 150 hectares.
The connection to “Litgrid’s” transmission network is planned for the spring of 2027, and a co-located Battery Energy Storage System (BESS) solution is scheduled to be built around the same time. Once operational, the plant is expected to generate enough green electricity annually to avoid approximately 60,457 tons of CO₂ emissions, making a significant contribution to Lithuania’s green energy goals.
Our team and services
We advised the client on all legal matters governed by Lithuanian law related to the transaction financing.
The team was led by partner Augustas Klezys, counsel Lina Aleknaitė – van der Molen as well as associate Dominykas Kulakas.
