17 February 2023

Litelektra has repaid a loan of EUR 0,3 million and paid EUR 15 593 interest to investors

This week, PeerBerry’s business partner, renewable energy company Litelektra, repaid a EUR 0.3 million loan to investors and paid EUR 15 593 in interest.

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.