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Main Article: Solar power (Global Market)
Green Genius is a Lithuanian company, for 2023 it is part of the Modus Group holding.
2023: Sale of a portfolio of solar parks in Spain to the Swedish OX2
In January 2023, Green Genius said it had sold a 152MW portfolio of solar parks in Spain to a Swedish OX2.
The amount of the transaction was not disclosed.
"We (...) will continue to focus our attention on the search and development of new projects," the head of Green Genius Ruslan Sklepovich is quoted in the message.
According to OX2 CEO Paul Stormoen, for the company this is the second acquisition of solar power plant projects in Spain, whose market has great potential.
2019: Spain Investment Plan
In 2019, Modus Group (the parent company of Green Genius) said it planned to invest at least €38m a year in Spain, with its project portfolio set to grow to 560 MW in 5 years.
2018: Start of solar power development in Spain
Green Genius has been developing solar power in Spain since 2018.
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