9 % Coupon Bond Offering
Atsinaujinančios Energetikos Investicijos (AEI), an investment company managed by Lords LB Asset Management and one of the largest green energy platforms in the region, is offering a €2 million bond issue with a 9% yield. This is the second tranche of a €25 million bond programme. The bonds are expected to be admitted to trading on the Nasdaq Vilnius regulated market.
In June, AEI fully settled its obligations to investors in its previous bond issue. The company redeemed bonds with a nominal value of more than €20 million and paid the accrued interest. After 30 September 2025, AEI fully redeemed the remaining portion of its 2021 bond programme, comprising bonds with a nominal value of €54.134 million.
To date, AEI has sold renewable energy projects with a combined capacity of nearly 254 MW. The projects were acquired by strategic investors from Western and Northern Europe.
At the end of June, the company’s assets were valued at €153.5 million, while its equity amounted to €83.7 million. EBITDA for the preceding 12 months exceeded €11.7 million.
Operational projects account for approximately 77% of AEI’s investment portfolio value, or around €106 million. Projects currently under active construction represent a further 7%, or €10 million.
| 2nd tranche issue size | Programme size | Maturity date | Coupon yield | Coupon payment | Minimal investment sum | Distribution dates |
| 2M EUR | 25M EUR | 2027 July 15 | 9% | Semi-annual | 1,021.393 EUR | 24 August – 8 September 2026 |
Investment request
Investment highlights
- Fund asset value: EUR 153,5 million
- Value of operational parks: EUR 106 million
- Most of AEI’s project capacity is covered by long-term power purchase agreements or government-backed long-term price support schemes.
- Equity: €83.7 million
- EBITDA: €11.7 million
- More than 70% of AEI investors are institutional and corporate investors.
- All projects are planned to be sold by 2027.
- Sales processes are actively ongoing for both operating projects and projects under development.
- In 2025, the company’s projects were acquired by strategic investors from the United Kingdom and Finland.
How to invest?
To invest, leave your contact details in this form and an Orion Securities investment consultant will get in touch with you. You can also invest via the self-service platform or send an email to obligacijos@orion.lt.
If you already hold a securities account with another brokerage firm or bank, you can also submit your investment order through them.
Related documents:
Investor Presentation | Final Terms | Prospectus Summary |
Base Prospectus
Orion Securities recommends consulting with your financial advisor and evaluate all the risks associated with the financial instrument and/or other circumstances that are significant to you before making an investment decision.
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