01 June 2023

Litelektra has repaid a loan of EUR 1M and paid EUR 98 974 interest to investors

Today, PeerBerry’s business partner, renewable energy company Litelektra, repaid investors a EUR 1 million loan and paid EUR 98 974 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.