Nucapital provided €7.88M in financing for the initial development of the Basanavičius project


Nucapital provided €7.88M in financing for the initial development phase of the Basanavičius project, enabling the successful execution of early-stage works and preparation for further development. As the project reached a more advanced stage, the financing structure was optimized – the LKU credit union group later provided a €12.2M syndicated loan for the final stage of development, also refinancing the earlier Nucapital financing and part of the bond issuance. This sequential financing structure reflects a typical project lifecycle – from flexible private capital in the early stages to larger-scale institutional financing at maturity.
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