EBRD to become shareholder of energy producer Green Genius

Green Genius, renewable energy developer and independent power producer owned by Modus Group, which also has projects in Romania, announces that it will receive a capital investment of up to EUR 100 million from the European Bank for Reconstruction and Development.

This investment will fund Green Genius' expansion plans until 2029 in various European countries. Upon completion of the transaction, the EBRD will become a minority shareholder of Green Genius. The EBRD's EUR 100 million investment will support Green Genius' European growth strategy, which includes developing over 2 gigawatts of renewable energy, accelerating Europe's clean energy transition and strengthening the region's energy independence and security.

This investment marks the EBRD's largest capital commitment for a single company of its kind in the Baltic States. The funds will be directed to the development and acquisition of renewable energy projects in the Baltic countries, Poland, Romania and other European markets.