News & Insights
Latest news, thoughts and points of view from Libra Group and its worldwide subsidiaries
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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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LCI returns to fixed wing leasing market
LCI has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft, and an investment building on its 17-year track record in the market...
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Elandis secures $11m Fannie Mae loan on Texas property
Elandis's recently acquired 260-unit multifamily community, Waters at Westchase in Houston, Texas, has been supported by an $11 million loan facility from Fannie Mae, the Federal...
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LCI and SMFL expand helicopter leasing joint venture
LCI, the aviation leasing arm of Libra Group which has built a leading helicopter lessor, management and investment platform, and Sumitomo Mitsui Finance and Leasing Company Limited...
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New senior appointments at EuroEnergy
EuroEnergy has announced a number of senior appointments to its management team: Thanasis Psathakis, Theofanis Mermigkousis, and Voula Balari all take on new roles...
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Major upgrade to L’Anse Warden power facility
Greenwood Sustainable Infrastructure's L’Anse Warden Electric Company is undertaking a major upgrade at its flagship biomass power plant that will include refurbishment of its GE turbine, as well as...
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Aria Hotels expands with new properties Katergo Luxury Villas and The Tree
Aria adds to its portfolio both in the Peloponnese and on the famous island of Skiathos with new properties Katergo Luxury Villas and The Tree...
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LCI’s helicopter division raises over $1bn of financing since 2019
LCI's helicopter division has raised over $1 billion of helicopter capital since 2019, covering a total of 25 transactions sourced from over 20 separate financial institutions...
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Lomar completes decade-long $1-billion fleet renewal program
Lomar Shipping has recently completed its $1-billion newbuilding investment program of 43 containerships and bulk carriers with the delivery of the Bremen Trader..
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Scholarship to honour the memory of Achim Boehme, late CEO of Lomar
A new scholarship to support young people pursuing careers in shipping has been established in Germany in honour of Achim Boehme, the late CEO of Lomar Shipping...
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The Concordia 2021 Leadership Award recipients are announced
The Concordia Leadership Council has announced the three recipients of the 2021 Leadership Award: Laura Bush, Former First Lady of the United States; Niels B. Christiansen, CEO of the LEGO Group; and, Mónica Ramírez...
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INSIGHT: Nigel Leishman of LCI discusses fleet management strategy in a challenging oil cycle
LCI's Executive Vice President & Global Head of Marketing, Nigel Leishman, recently spoke to Air & Sea Analytics about helicopter management in the offshore oil and gas...
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INSIGHT: Aria Hotels’ CEO, Makis Pantazatos, interviewed by The Hellenic Initiative
The Hellenic Initiative interviews Aria Hotels' CEO, Makis Pantazatos, where he shares his background in economics and accounting, his views on tourism, Aria's mission to introduce holidaymakers...
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Envolve announces 8th Greece Award Winners
Envolve Entrepreneurship announced the three winners of the 8th Envolve Award Greece, a contest for start-up and early-stage businesses in Greece. The winners’ announcement took...
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Principal Media now represents over 600 hours of content
Principal Media adds new content for license including R.A.W. Tuba, a documentary about a homeless child from Baltimore who goes on to become a world-class musician; and leading nature and wildlife...
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Aria Hotels Announces Cape Kitries Apartments
Aria Hotels is expanding in the Peloponnese following the success of its six properties in Kardamili. The company that specializes in authentic Greek hospitality has added Cape Kitries, a collection of three seafront...
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Concordia announces the 2021 Lexington Summit
Concordia is proud to host its first-ever US-focused summit, taking place on November 16-18 in both a digital and in-person capacity. The Concordia Lexington Summit will convene a variety of voices across the political...
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Asian Sky Media interviews LCI’s Chris Lloyd
Asian Sky Group’s Civil Helicopters Fleet Report features a Q&A with LCI’s Vice President Marketing Christopher Lloyd, who is based at their office in Singapore, featuring the impact of COVID-19 on the helicopter...
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Aria’s Grace Mykonos to reopen in June 2021
With a later opening this year due to the global coronavirus pandemic, Aria's Grace Mykonos hotel will reopen its doors to guests on 9 June 2021 (subject to national hospitality guidelines)...
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President Obama’s My Brother’s Keeper celebrates seven years
The My Brother's Keeper initiative was established seven years ago by President Barack Obama to address 'persistent opportunity gaps facing boys and young men of color and to ensure all youth can reach their full potential'...
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Elandis acquires 260-unit multifamily community in Houston
Elandis, Libra's real estate ownership and property management company, it has acquired Waters at Westchase, a 260-unit multifamily community in Houston...
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Principal Media’s Melanie Torres interview
Principal Media’s SVP of worldwide distribution, Melanie Torres, reflects on a year of working from home and the challenges it has presented for the global sales industry...
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“We need to convene for the issues that matter” – Matthew Swift, Chairman & CEO, Concordia
Matthew Swift of Concordia writes about how he has spent much of his career 'devising how people can convene in-person to discuss the most critical issues facing the world. All changed in 2020...'
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LCI places two new AW109SPs with Sloane Helicopters
LCI has placed two AW109SP helicopters on long term operating leases to undertake EMS (emergency medical services) operations with its newest customer, Sloane Helicopters...
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Libra’s Winter 2021 interns get down to business
Libra's Winter 2021 interns have arrived in the business and immediately started work with a virtual orientation week. The schedule gave them an overview of Libra Group, its history and...
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“Fly Me with Aria” – a new private flight service
Aria Hotels has introduced a new private flight service for its guests - the quickest and most convenient way to transfer to an Aria property across its numerous destinations, and particularly the islands...
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President Duque of Colombia meets with Greenwood Energy
Greenwood Energy recently held a meeting with the leadership of the Republic of Colombia to discuss the country's domestic energy sector and investment plans in the region...
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Envolve launches first Panhellenic Student Entrepreneurship Competition
Envolve, has established the first business innovation competition for young people in Greece, open to high school students and endorsed by the Ministry...
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‘Without shipping, life would be different’
Around 1.7 million seafarers make shipping possible every day. Because of them, and the over 61,000 ships we are served by, we do not run out of what we need. A new video about the maritime sector...
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Applications for the 8th Envolve Award Greece open
Envolve Entrepreneurship has announced the launch of the 8th Envolve Award Greece business start-up competition, inviting entrepreneurs and businesses around Greece to submit...
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Helicopters: energy for growth through climate change
The role of helicopters in national infrastructure in and tackling climate change is more and more important. Recently, the European Union (EU) announced plans to increase its offshore windfarm capacity...
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Fifth Concordia Americas Summit takes place online
The fifth Concordia Americas Summit has taken place this week, this time completely online and involving hundreds of international participants via digital platforms...
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Gary Rosenson appointed CEO of Principal Media in Los Angeles
Media industry veteran Gary Rosenson has been appointed CEO of Principal Media, Libra Group's Beverly Hills-based entertainment company. He brings 25 years' experience in the broadcast...
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Pegassus Private Island – Aria’s exclusive destination
Aria's international reputation for heritage properties, remote hideaways and secluded spots brings exclusivity to a new level with Pegassus, a private island for sole personal use...
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Grace St. Moritz acquired by prestigious European real estate investor
The Grace St. Moritz hotel project has been sold to a privately owned investment company for an undisclosed amount. The new owner, with real estate assets throughout Europe, will complete the development...
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LCI appoints new CEO, Jaspal Jandu
LCI, a leading helicopter lessor, announces the promotion of Jaspal Jandu to Chief Executive Officer. Former CEO, Michael Platt becomes Vice Chairman, and Praveen Vetrivel is appointed Chief Financial Officer...
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Concordia 2020 – 10th Anniversary Summit Report
Concordia has released its 2020 Annual Summit. The event this year – the 10th-anniversary summit – took place digitally over five days, convening current and former heads of state, senior government officials...
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Nicholas Georgiou Promoted to Lomar Chief Executive Officer
Libra Group today confirms the promotion of Nicholas Georgiou to Chief Executive Officer of its ship owning and management business, Lomar Shipping. Mr Georgiou, 47, has been the company's...
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Elandis enters into $40m facility with Bank Leumi
Elandis, the Miami-based real estate company division of Libra Group, has entered into an agreement for a $40 million credit facility with Bank Leumi USA. This refinancing initiative will be used for...
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Flexam Invest commits to Greek renewables with EuroEnergy
In partnership with EuroEnergy, well-respected European infrastructure fund Flexam Invest has made an investment in the Greek green power market through a transaction covering a...
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Greenwood Energy Latinoamérica acquires 2C POWER
Greenwood Energy Latinoamérica, the Latin American renewable energy subsidiary of Libra Group, has acquired Colombia-based 2C POWER, a developer-operator that builds and...
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Elandis and M&G Investments announce multifamily joint venture
Elandis today announced the launch of a transformative joint venture platform focusing on multifamily assets in the US between Libra Group and international asset manager...
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LCI and Sumitomo Mitsui agree $230m joint venture
LCI, the aviation division of Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business...
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Climate change presents serious threats to infrastructure investment and development — McKinsey & Co
Climate change is revealing infrastructure vulnerabilities. Hurricane Sandy in 2012 caused $70 billion in infrastructure damages and climate change is expected to further intensify these economic risks.
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Polismata Private Residences by Aria Hotels
This summer, Aria Hotels welcomes visitors to the Messinian Peninsula with a homage to Homer’s epics, thanks to Polismata Private Residences, a complex of residences in the...
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Harvest for clean energy in Latvia
The harvest has begun for our renewable energy business in Latvia, running from late July into August. Grass is gathered specifically to be used as feedstock in our biogas plants...
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Achim Boehme 1963-2020
It is with immense sadness that Lomar Shipping confirms that its Chief Executive Officer, Achim Boehme, died peacefully on Saturday 25th July 2020 at his home in Bremen, Germany, surrounded by his loving family...
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7th Envolve Award Greece Winners announced
At a ceremony streamed live to followers around the world, the 7th Envolve Award winners were announced in Athens. Four were chosen from a pool of 10 finalists with the public vote naming an additional 3 winners...
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Airbus: the versatility of helicopters
LCI, Libra Group's aviation division, has a substantial fleet of Airbus Helicopters, including the H175, H130, H135 and H145 models. Deployed on various missions around the world, they are mainly used...
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COCO-MAT brings sustainable sleep solutions to Japan
COCO-MAT, the leading Greek manufacturer of specialist mattresses, other natural sleep products and furnishings, has opened a new store in Tokyo, Japan - the company's first opening in the country...
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