06 December 2023

Litelektra has repaid a loan of EUR 1M and paid EUR 102 034 interest to investors

Today, PeerBerry’s business partner, renewable energy company Litelektra, repaid investors a EUR 1 million loan and paid EUR 102 034 in interest.

Litelektra is as 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.

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