04 November 2022

Litelektra has repaid a loan of EUR 0,6 M and paid EUR 17 075 interest to investors

On November 4, PeerBerry’s business partner, renewable energy company Litelektra, repaid a EUR 0.6 million loan to investors and paid EUR 17 075 in interest.

Shortly, Litelektra will offer investors other renewable energy projects to invest in.

Litelektra is a licensed independent renewable energy supplier with electricity supply agreements with state-owned companies. Under agreements, these companies purchase energy from Litelektra at an agreed price from 1 to 3 years (depending on the power plant). It guarantees Litelektra constant and stable cash flows, and for investors, it ensures safe investments.

Litelektra is a Lithuanian company that aims to make the combination of renewable wind and solar energy more accessible by ensuring an entire cycle of stable and affordable energy throughout the year.