20 March 2024

Litelektra has repaid a loan of EUR 800 000 and paid EUR 120 929 interest to investors

Today, PeerBerry’s business partner, renewable energy company Litelektra, repaid investors a EUR 800 000 loan and paid EUR 120 929 in interest.

Litelektra is an 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 ensures safe investments for investors.

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.

Thank you for contributing to the renewable energy business developed by our partners.