Item List
Modus Asset Management renewable energy funds raised over €19 million
28 February 2023
Modus Asset Management, a licensed manager of alternative collective investment undertakings, has raised €19.5 million from more than 50 investors for its Modus Poland Solar Fund I and Modus Remote Solar Fund I for informed investors.
With the latest acqusition from Equinor, owner of Wento, Modus Asset Management solar PV portfolio in Poland reached 113 MW
10 August 2022
Modus Asset Management and Equinor, owner of Wento – leading onshore renewables developer in Poland have entered into a transaction whereby a fund managed by Modus Asset Management will acquire a 100% stake in a 28 MW turnkey portfolio of ground mounted solar photovoltaic farms developed by Wento.
Modus Asset Management launches "Modus Remote Solar Fund I"
8 February 2021
Modus Asset Management launched Modus Remote Solar Fund I dedicated for informed investors and received permission to market its investment units in the Republic of Lithuania. The Bank of Lithuania is the supervision authority of the Fund, the depositary of the Fund is SEB bankas AB.
Modus Asset Management acquires 16 MW turnkey solar PV portfolio in Poland from Renesola
8 December 2020
Modus Asset Management and ReneSola Power, a leading global solar project developer, have finalised a transaction whereby a fund managed by Modus Asset Management will acquire a 100% stake in a 16 MW turnkey portfolio of ground mounted solar photovoltaic farms from ReneSola.
Modus Asset Management launches "Modus Poland Solar Fund I"
24 February 2020
Modus Asset Management launched Modus Poland Solar Fund I dedicated for informed investors and received a permission to market its investment units in the Republic of Lithuania. The Bank of Lithuania is the supervision authority of the Fund, the depositary of the Fund is SEB bankas AB.
Modus Renewable Lithuanian Subfund secures funding and closes first acquisition
1 December 2019
Modus Asset Management completed the first closing at € 10 million on its "Modus Renewable Energy Lithuanian Investments" subfund by acquiring 6 solar photovoltaic energy projects based in Lithuania.
Modus Asset Management launches "Modus Renewable Energy Fund I"
18 June 2018
On 18 June 2018, Modus Asset Management launched Modus Renewable Energy Fund I and received a permission to market its investment units in the Republic of Lithuania. The Bank of Lithuania is the supervision authority of the Fund, the depositary of the Fund is SEB bankas AB.
Modus Asset Management obtains Alternative Investment Fund Manager (AIFM) license
13 November 2017
Modus Group, one of the largest group of companies in Lithuania, engaged in investment management in automotive, renewable energy, car sharing and other business areas, has set up the investment management company - Modus Asset Management.