REFI Green has raised €8 million through a bond issuance included in the Nasdaq Baltic "First North" market, managed by INVL Renewable Energy Fund I, aimed at financing renewable energy projects.

Target Information

REFI Green has successfully issued bonds that have been included in the Nasdaq Baltic "First North" market, managed by INVL Renewable Energy Fund I. The bond issuance raised a total of €8 million through a private placement. Each bond has a nominal value of €1,000, an annual interest rate of 8.5% paid quarterly, and a maturity period of 2 years with a redemption date set for November 5, 2027.

The inclusion of these bonds in the market marks the third issuance from a company managed by INVL Renewable Energy Fund I, indicating an increasing activity level among the companies within the fund and the market's attractiveness.

Industry Overview

The renewable energy sector in Lithuania has been experiencing significant growth due to increasing investments and government support aimed at enhancing energy security and transitioning to

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INVL Renewable Energy Fund I

invested in

REFI Green

in 2025

in a Venture Debt deal

Disclosed details

Transaction Size: $8M

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