The Libra Group is a privately-owned international business group that controls 30 subsidiaries active in 35 countries across six continents. It is focused on six core sectors: aviation, energy, finance and diversified, hospitality, real estate, and shipping. The group is wholly-owned by the Logothetis family.
One of the core values which govern us is our sense of social responsibility. This is principally expressed through our deep commitment to ten distinct and diverse initiatives which seek to deliver educational opportunity, business opportunity, and acts of humanity towards people who are neglected, marginalized or under-served.
Recently we have again invested at scale in the transportation sector. Our aviation leasing business has acquired aircraft with a value approaching $6 billion since its inception. In November 2007, and then again in 2014/15, we sold the majority of our aircraft fleet and embarked on large-scale fleet renewal process, most recently investing in a substantial fleet of modern helicopters. During the recent market downturn our shipping company, Lomar, has acquired over 125 vessels, including orders for over 35 all-new fuel-efficient ships.
Our residential and commercial real estate interests are global and include ownership of more than 5.8 million square feet, developed and under development, including a portfolio in many of the world's leading economic hubs such as Los Angeles, Miami, New York, London, Athens, Singapore and Bangkok. Our hospitality interests, including those under construction, comprise approximately 50 hotels, with many of them featuring critically-acclaimed spas and restaurants.
Meanwhile, our energy businesses that began with solar and wind parks in the Mediterranean have now expanded to a portfolio of more than 40 projects including solar energy parks across the Americas, industrial-scale biofuel manufacturing and ownership of fuel cell and other cogeneration plants in North America, as well as biogas facilities in Northern Europe. Our renewable energy facilities have a combined generating capacity of over 400 MW while our project pipeline exceeds 3 GW.
Our portfolio in the finance sector includes a global finance company and an independent investment management company focused on global equities. Our current diversified interests include a media production and distribution company in Los Angeles; a London-based interior design practice operating in the commercial, residential and hospitality sectors, and a leading Greek manufacturer of natural sleep products and sustainably sourced mattresses.
Because Libra is a family business, we hold dear to family values but we also encourage diversity and initiative. Each Libra Group business exercises a considerable degree of autonomy. We believe that local experience and insight aids confident investment decisions and ensures operational efficiency.
Our ten social responsibility initiatives include the Libra Internship Programme, which has now expanded to encompass around 150 young people each year. Other educational support includes the McCain Institute's 'Next Generation Leaders Program', MBA students at the Athens University of Economics and Business and research fellowships at Johns Hopkins University School of Medicine. We are a founding sponsor of President Obama's My Brother's Keeper initiative which aims to eliminate opportunity and achievement gaps for boys and young men of colour.
Other community and philanthropic activities include: entrepreneurship awards, currently focused on Greece and USA; Concordia – we are the founding sponsor of this non-profit organization that promotes public-private partnerships; Seleni Institute, a New York-based organisation that addresses women's mental health; and the Grace Foundation, a charity support programme that includes match funding between the Libra Group and guests at our hotels across the world.
Greenwood Energy, an investor and developer in modern solar photovoltaic (PV) facilities, has a growing portfolio of solar parks and facilities across North, Central and South America. The customers for these facilities include public service bodies and grid operators.
The HOME Project: No Child Alone
INSIGHT: Bringing innovation into government
Phaedra Chrousos, chief innovation officer at Libra Group and founding commissioner of GSA’s Technology Transformation Service, discusses how private sector organizations can help accelerate innovation in government.
Meet the management team
The Libra Group is the Founding Sponsor of Concordia, an organization seeking to create social impact by building public-private partnerships around pressing global issues...
Elandis New Villas Grace Cafayate
Elandis acquires 14,000 sq m of land on the Estancia de Cafayate residential and sporting estate in the Salta region of north west Argentina to add further residential villas to Grace Cafayate hotel and villas complex on the estate.
Visit Libra Social Responsibility website
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