News & Insights
Latest news, thoughts and points of view from Libra Group and its worldwide subsidiaries
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Seapath Launches Jones Act Leasing Business with $25 Million in Initial Transactions
Seapath announced the launch of a Jones Act leasing business responding to a significant unmet demand for Jones Act-compliant transport...
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Principal Media Partners with Los Angeles-Based Abode Entertainment
Principal Media is partnering with Los Angeles-based production company Abode Entertainment for an expanded venture...
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LCI Signs Framework Agreement for Up to 21 Latest Generation Helicopters from Leonardo
LCI announced a framework agreement for up to 21 of the latest generation helicopters from Leonardo...
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FCA Group Acquires a Further Six Commercial Properties in Casco Viejo, Panama
FCA Group has acquired a further six commercial properties in Casco Viejo, Panama...
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Sparta Properties Nears Completion of Construction for New Suites at Grace Hotel Santorini
Libra Group real estate subsidiary nears completion of the construction for new suites at its celebrated Grace Hotel Santorini...
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LCI Launches LCI Analytics, a New Research and Advisory Division
LCI has launched a new independent division dedicated to high quality advisory, consultancy and research services...
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GSI-Led Joint Initiative with Ocean Man First Nation to Build One of the Largest Solar Projects in Canada
GSI announced that Iyuhána Solar, a GSI-led partnership with Saturn Power and Ocean Man First Nation, has been awarded a Power Purchase Agreement...
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Impact Investing Strategies To Accelerate Positive Change
In a Forbes article, Praveen Vetrivel shares how impact investing is a powerful tool...
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Libra Group’s Official Statement in Response to the Conclusion and Settlement of a Multi-Party Transaction
Libra Group’s official statement in response to the conclusion and settlement of a multi-party transaction...
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Lomar Collaborates With Alicia Bots, Implementing ROVERCLEAN Technology
Lomar announced its collaboration with market-leading maritime robotics company, Alicia Bots...
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Seapath and Pilot LNG Launch Joint Venture to Develop First Dedicated LNG Bunkering Facility in U.S. Gulf Coast
Seapath and Pilot LNG formed a joint venture to develop, construct, and operate the first liquefied natural gas bunkering facility in the U.S. Gulf Coast...
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Introducing Libra Philanthropies: a Global Foundation for Human Empowerment and a Sister Organization to Libra Group
Libra Philanthropies announces its launch as an independent foundation shaping the future....
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Libra Group Launches World’s First Dedicated Space Leasing Company
Libra has launched the world’s first space leasing company dedicated to the full spectrum of space assets. Building on the Group’s 20 years of aviation leasing experience, SLI...
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EuroEnergy and Afcon Renewable Energy Partner to Promote Green Energy Across Central Europe
Starting with Poland, the collaboration supports energy transition across the region, bringing EuroEnergy’s projects pipeline to over 400 MW...
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GSI Enhances Renewable Energy Platform with Strategic Acquisition of Saturn Power
Greenwood Sustainable Infrastructure (GSI) has announced the strategic acquisition of the solar and battery development portfolios of Saturn Power, including approx 1.4 GW pipeline...
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Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) To Acquire Stake in Libra Group Aviation Subsidiary, LCI
LCI has signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft.
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Lomar Shipping Announces Launch of lomarlabs
UK-based Lomar acquires Bremen-based maritime leader, uniting family-run companies and further building out its tanker fleet.
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Libra Group Announces Praveen Vetrivel as Chief Financial Officer
Libra Group announced the appointment of Praveen Vetrivel as its new Chief Financial Officer (CFO), effective April 25, 2023.
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Libra Group Announces Richard Blaksley as Chief Risk and Compliance Officer
The global group strengthens corporate governance and controls by adding veteran oversight and compliance leader.
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Dr. Gunter Dunkel Joins Libra Group’s Global Advisory Board
Dr. Gunter Dunkel has been appointed to Libra Group’s Global Advisory Board.
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EuroEnergy Enters Croatia with €150M Wind Power Project
EuroEnergy announced that it will acquire a 114-megawatt (MW) wind energy development in Udbina, Croatia.
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LCI Signs Agreement with Elroy Air for a Committed Order of Up to 40 Chaparral VTOL Aircraft
LCI has signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft.
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Principal Media Announces Strategic Investment in Chesler/Perlmutter, Expanding Film Production Capabilities
Strategic investment provides Libra Group media subsidiary the ability to produce original film and tv programming for global distribution.
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EV Metals Supply Chain Leader GreenMet Helps Secure Major Investment from Wall Street
GreenMet has helped secure a $50 million dollar investment from a division of Cerberus Capital Management, L.P. for the development of Torngat Metals Ltd. rare earth project, one of the world’s largest rare earth projects, located in Strange Lake, Canada.
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LCI Signs Sustainability Charter with Aircraft Leasing Ireland
LCI has today signed Aircraft Leasing Ireland’s (ALI) Sustainability Charter. Signatories are committed to driving forward and achieving Environmental, Social and Governance (ESG) related goals, centered around 10 priority sustainability principles.
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GSI and SolarGen announce New 40MW Solar Project Planned for Alexandria, Minnesota
Allied Solar, a new JV between Greenwood Sustainable Infrastructure (GSI) and SolarGen today formally announced their plans to develop a 40 MW utility-scale solar park on approximately 200 acres in Minnesota...
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Lomar Shipping Announces Corporate Acquisition of Carl Büttner Holding GmbH & Co. KG and Expands Diverse Global Fleet
UK-based Lomar acquires Bremen-based maritime leader, uniting family-run companies and further building out its tanker fleet.
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Libra Group Announces María Paula Correa as Chief Relationship Officer
Libra Group announced the appointment of María Paula Correa as the group’s first-ever Chief Relationship Officer. Correa will leverage her experience working in high levels of government and the non-profit sector to identify and build relationships.
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Libra Group Becomes Signatory of UN Women’s Empowerment Principles Recognizing Need to Accelerate Global Equality for Women
Libra Group announced that it has become a signatory of the United Nations Women’s Empowerment Principles.
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Libra Group’s 2022 Summer Intern Cohort
This summer, we were proud to host 20 interns from the U.S., Greece, Panama and Colombia. As part of the 2022 Summer Intern Cohort, interns were placed in varied roles and business sectors across Libra's subsidiaries.
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Elandis Enters Alabama With Acquisition of Two Multifamily Communities
A leading real estate company in the multifamily sector, Elandis announces expansion into Alabama with the acquisition of 513 units in Birmingham.
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Aria Hotels to Combine Innovation with Greek Hospitality Through Electric Aircraft Offering
Libra Group hospitality subsidiary Aria Hotels will connect holiday-goers vacationing in and around its 50 properties across Greece with electric vertical take-off and landing aircraft (eVTOLs).
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Libra Group Names Manos Kouligkas CEO; Elevates George Logothetis to Executive Chairman
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Aria Hotels’ Greek Hospitality Portfolio Reaches 50 Properties in Greece
Libra Group subsidiary known for commitment to authentic Greek hospitality reaches landmark 50 properties across Greece.
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Americraft Marine Acquires Florida Jones Act-Compliant Shipbuilding Facility
Libra Group subsidiary acquires St. Johns Ship Building, supporting need for Jones Act-compliant vessels, including those that advance U.S. energy independence
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The University of Panama and Greenwood Energy Unveil Environmental Education Partnership with Utility-Scale Solar Initiative
The University of Panama and Greenwood Energy announced the launch of the ɅLMɅ MɅTER public-private partnership developing a new utility-scale solar plant in David, Panama.
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Libra Group Announces New Chief Sustainability Officer
Today Libra Group announced the appointment of Arguiró Elefteriu as the Group’s first-ever Chief Sustainability Officer. In the newly created role, Elefteriu will lead the Group’s environmental, sustainability and governance framework for Libra Group...
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CIT Provides Up to $30.5 Million Financing for Lomar Portfolio
CIT, a division of First Citizens Bank, today announced that its Maritime Finance business served as sole lead arranger on up to $30.5 million in financing to expand Lomar Shipping's portfolio of dry bulk vessels.
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LCI Signs Agreement With Beta Technologies For A Committed Order Of Up To 125 eVTOL Aircraft
LCI, a leading aviation company and a subsidiary of Libra Group, today signed an agreement with BETA Technologies (BETA), developer of a fully integrated electric aviation system, to acquire up to 125 of the company’s electric vertical take-off and landing (eVTOL) aircraft.
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Greenwood Energy launches TERRɅ INITIɅTIVE, a utility-scale solar project
Greenwood Energy, the Latin American subsidiary of Libra Group, and the Confederación Indígena Tayrona (CIT), the organization of the Arhuaco people from Colombia, announced the launch of the Terra Initiative
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Libra Group Announces Strategic Investment in U.S. Rare Earth and Critical Mineral Company GreenMet
Libra Group announced it has made a strategic investment in green energy company GreenMet, formerly known as Greentech Minerals Holdings. GreenMet is leading the infrastructure development of sustainable supply chains for critical rare earth minerals...
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GSI Announces Utility Scale Deal with AquaSan to Provide up to 233 MW to Five US States
Greenwood Sustainable Infrastructure (GSI) announced step towards providing more affordable, reliable, and clean access to energy for Americans. The North American solar energy investment...
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2022 Winter Interns
We are proud to Welcome our 2022 Winter Intern Cohort. We have 12 interns joining us in this cohort, which reflects our group’s commitment to support the next generation of global business leaders with professional development and mentorship.
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Principal Media’s documentary explores parental advocacy for adopted black children
In this eye-opening documentary distributed by Principal Media LLC, four white families navigate the transforming journey of becoming advocates for their adopted black children.
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Libra Group Announces new Chief Communications Officer
Libra Group announced Emily Teitelbaum as its new Chief Communications Officer, based in Washington D.C. With over 15 years of senior communications experience, she was previously with Wells Fargo, where she served as Vice President of Public Affairs Communication...
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Libra and LCI offer industry wisdom and insight to Airline Economics
Libra Group's leading aviation leasing company, features in a new interview in Airline Economics. The article ‘True Diversification’ collects the insight of our Chairman and CEO, George Logothetis, with Jaspal Jandu, CEO of LCI. Their broad-ranging comments cover topics including the impact of the pandemic and its effect on strategic goals...
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Elandis secures over $90m in multifamily acquisition funding
Elandis has secured over $90 million in financing for six separate multifamily communities in Orlando and Daytona Beach, which represents 1,242 residential units...
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Principal Media brings the celebrity golf tips of Tiger Woods to screens
Principal Media has worked with Discovery and Golf Digest to secure US distribution rights to “A Round With Tiger”, a TV series in which golf legend, Tiger Woods, provides golf tips to celebrity guests...
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LCI’s video of the Year 2021
LCI has released its 2021 'Year in Review' video which covers key commercial and charitable highlights including placing more aircraft in the mission-critical EMS and SAR sectors and re-entering the fixed-wing market...
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Elandis acquires six Multifamily Communities in Florida
Elandis has announced the acquisition of six separate multifamily communities in Florida, located in the Orlando and Daytona Beach areas and representing 1,242 units in total...
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LCI helicopter joins Lomar vessel for joint sea rescue mission off the coast of Australia
A helicopter in the LCI fleet and Lomar container ship joined together to stage a dramatic and unique sea rescue mission off the Australian coast yesterday (16 December)...
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Inaugural recipients of the Achim Boehme Scholarship program announced
The first four recipients of of the Achim Boehme Scholarship, launched in memory of Lomar's late CEO, have been announced as undergraduates at City University of Applied Sciences in Bremen, Germany...
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LCI acquires Nova Capital Aviation (Ireland)
LCI, Libra's leading aviation company, has announced an agreement to acquire Nova Capital Aviation (Ireland) resulting in a substantial expansion of its leasing portfolio to over 140 twin-engine rotary and fixed-wing aircraft...
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Berenberg Bank provides Lomar with $42.5 million funding facility
Berenberg Bank has provided a $42.5 million funding facility to Libra's shipping subsidiary, Lomar Shipping, for its ongoing fleet renewal and development program...
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Elandis acquires 569-unit multifamily communities in Houston, Texas
Elandis, Libra's real estate ownership and property management JV, has announced its acquisition of Hudson & Crosby at Westchase, two multifamily communities with a combined 569 residential units in Houston...
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Libra Group launches Global Advisory Board
Libra Group has appointed the first four members of its new Global Advisory Board to support its Executive Team and Board of Directors. The newly appointed advisors will provide strategic guidance...
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Concordia publishes 2021 Annual Summit Report
Concordia has published its 2021 Annual Summit Report. The multimedia document videos, commentary and analysis from the New York City event held over four days at the end of September as UN Week got underway...
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Libra Group acquires KKR’s interest in LCI
Libra Group has announced the acquisition of the minority interest in LCI Helicopters held by global investment firm KKR. LCI, a Libra subsidiary, is the Group's leading aviation leasing company...
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FCA Group relaunches as independent Libra Group brand
Libra Group has announced the re-establishment of FCA Group as an independent brand with a new and dedicated management team, serving Central America and the Caribbean from Panama...
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Seleni has trained over 4,000 mental health professionals worldwide
Seleni Institute has now trained over 4,000 mental health professionals around the world. This extensive milestone takes in 35 countries across six continents, including Argentina, Australia, Canada, Greece and the UK...
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Two new bulk carriers added to the Lomar Shipping fleet
Lomar Shipping has added to its fleet of bulk carriers recently with the acquisition of a pair of 53,400 DWT 'supramax' vessels for a combined price of USD $26 million...
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