Libra Group

Libra Group's predecessor company, Lomar Shipping, was founded by Michael Logothetis in London in 1976. Michael Logothetis's son George Logothetis joined Lomar Shipping in 1993. In 1995, he became company CEO, enlarging Lomar's fleet from less than five to more than 55 ships during the subsequent decade.Papapostolou, Anastasios. [http://usa.greekreporter.com/2011/12/31/10-greeks-of-diaspora-that-left-their-mark-in-2011/ "10 Greeks of Diaspora that Left Their Mark in 2011"]. Greek Reporter. December 31, 2011.

In 2003, George Logothetis founded Libra Group, based in New York and London, in order to diversify and expand the shipping company into new business areas.Musafer, Shanaz. [https://www.bbc.com/news/business-23041304 "Family values help Greek shipping business go global"]. BBC News. July 7, 2013. George remains Libra Group's executive chairman.{{cite news|last=Kokkinidis|first=Tasos|url=https://greekreporter.com/2022/07/21/libra-group-kouligkas-ceo-logothetis-chairman/|title=Libra Group Names Manos Kouligkas CEO; George Logothetis Executive Chairman|work=greekreporter.com|publisher=Greek Reporter|date=July 21, 2022|access-date=April 4, 2023}}

At the time of the company's formation, international shipping was still its chief area of operations. Between 2004 and 2007, during a boom in the shipping business, Libra Group sold off most of Lomar's ships.{{Cite news |last=Saul |first=Jonathan |title=INTERVIEW-Conglomerate Libra sees investors returning to Greece |url=https://www.reuters.com/article/greece-libra-investment-idUSL6N0BY6S020130307 |archive-url=http://web.archive.org/web/20230404043921/https://www.reuters.com/article/greece-libra-investment-idUSL6N0BY6S020130307 |archive-date=2023-04-04 |access-date=2025-05-13 |work=U.S. |language=en-US}} With the profit from the ship sales, the new company purchased a fleet of airplanes, which were at a cyclical low, and set up an aircraft leasing division, Lease Corporation International (LCI), which leases aircraft to airlines such as British Airways and Virgin Atlantic. Libra Group repeated this successful "buy-low, sell-high" formula of going counter to prevailing market trends several times in the ensuing decade, building a large diversified multinational organization out of the former small shipping company.Wright, Robert. [http://www.ft.com/intl/cms/s/0/e04cb0aa-ea5d-11e2-913c-00144feabdc0.html#axzz2zh43BJRz "Families will keep shipping buoyant, says Greek tycoon"]. Financial Times. July 14, 2013.{{Cite news |last=Saul |first=Jonathan |title=Conglomerate Libra ramps up container ship buying, bets on upturn |url=https://www.reuters.com/article/shipping-libra-idUSL6N0TU4B120141211 |archive-url=http://web.archive.org/web/20230404064857/https://www.reuters.com/article/shipping-libra-idUSL6N0TU4B120141211 |archive-date=2023-04-04 |access-date=2025-05-13 |work=U.S. |language=en-US}}[https://s3.amazonaws.com/2013backup/tnhcontent/pdf/inserts/2013/Insert_3_2013_7432.pdf#page=12 "50 Wealthiest Greek Americans"]. The National Herald. March 2, 2013. p. 12. Each of the company's new ventures was headed by existing top personnel or close associates.[http://fortune.com/2012/10/25/the-best-advice-i-ever-got/ "George Logothetis: The best advice I ever got"]. Fortune. October 25, 2012.

In 2006, Libra Group started expanding beyond aviation. Its new major ventures included real estate, hotels and hospitality, and renewable energy.[http://english.capital.gr/News.asp?id=868174 "Lomar Shipping Makes Super Deal"]. Capital.gr. December 8, 2009.Brady, Diane. [https://web.archive.org/web/20120621130021/http://www.businessweek.com/articles/2012-06-19/greek-american-exec-what-everyone-needs-now-is-certainty "Executive on Greece: 'What Everyone Needs Now Is Certainty'"]. Businessweek. June 19, 2012.

In December 2009, after ship values slumped in the wake of the financial crisis, Libra Group re-entered the shipping business and purchased Allocean and its fleet of 26 ships.[http://www.tradewindsnews.com/weekly/226100/logothetis-family-marks-return-to-shipping-with-325m-buy "Logothetis family marks return to shipping with $325m buy"]. TradeWinds. June 3, 2010. From December 2009 through December 2013, the company purchased a total of 73 ships.Saul, Jonathan. [https://web.archive.org/web/20160306124320/http://uk.reuters.com/article/shipping-banks-idUKL6N0JV2JF20131218 "Funds buy shipping loans from capital-conscious banks"]. Reuters. December 18, 2013.

In 2009, the company also re-entered the aircraft leasing market when LCI purchased a new fleet of aircraft. In 2012, LCI expanded operations to include helicopter leasing as well.Laboda, Amy. [http://www.ainonline.com/aviation-news/hai-convention-news/2013-03-05/lci-leases-aw139-avencis-group-north-sea-crew-transport "LCI Leases AW139 to Avencis Group for North Sea Crew Transport"]. Aviation International News. March 5, 2013.

Libra Group has also expanded beyond its core businesses of shipping, aircraft leasing, real estate, hotels and hospitality, and renewable energy, to include a variety of interests including media, home furnishing, and financial services.Saul, Jonathan. [https://web.archive.org/web/20160305202533/http://uk.reuters.com/article/greece-investment-libra-idUKL6N0ME45Y20140319 "Interview - Libra Group invests in Greece as economy turns up".] Reuters. March 19, 2014. Between 2008 and 2014, the company purchased $7 billion to $7.5 billion of assets globally. As of 2023, the company has 20 operating entities in nearly 60 countries around the world.{{cite news|url=https://energypress.eu/euroenergy-enters-croatia-with-e150m-wind-power-project/|title=EuroEnergy enters Croatia with €150m wind power project|work=energypress.eu|publisher=Energy Press|date=January 19, 2023|access-date=April 4, 2023}}

Lomar Shipping, the original predecessor to Libra Group, is a Libra maritime subsidiary. Between 2004 and 2007, at the height of a boom in the shipping business, Libra Group sold Lomar's fleet of nearly 70 ships. The company made a substantial profit from sales, which occurred before the 2008 financial crisis.

In December 2009, after ship values had slumped from the recession, Lomar purchased a new fleet and returned to the shipping sector, investing $1.4 billion in 91 vessels – mainly container ships – between 2009 and late 2014. As of late 2013, Lomar operated a fleet of nearly 60 ships, including bulk carriers, reefer ships, container ships, offshore support vessels, liquefied petroleum gas tankers, chemical tankers, platform supply vessels, anchor handling tug supply vessels, and product tankers.[https://web.archive.org/web/20131219011107/http://www.libra.com/en/about-us/transportation/lomar "Lomar"]. Libra.com. Archived from December 19, 2013.

In 2014, Lomar sold its entire fleet of six offshore support vessels for approximately $100 million, just before oil prices crashed;{{Cite web |date=2015-03-05 |title=Lomar sells entire offshore fleet during 2014 {{!}} Lomar Shipping |url=http://www.lomarshipping.com/lomar-sells-entire-offshore-fleet-during-2014-december-2014-marked-delivery-of-the-last-of-lomars-offshore-fleet/ |access-date=2025-05-13 |archive-url=https://web.archive.org/web/20150305062125/http://www.lomarshipping.com/lomar-sells-entire-offshore-fleet-during-2014-december-2014-marked-delivery-of-the-last-of-lomars-offshore-fleet/ |archive-date=5 March 2015 }}{{Cite news |title=Lomar steps up expansion programme |url=http://www.tradewindsnews.com/weekly/354254/lomar-steps-up-expansion-programme |archive-url=http://web.archive.org/web/20170202052448/http://www.tradewindsnews.com/weekly/354254/lomar-steps-up-expansion-programme |archive-date=2017-02-02 |access-date=2025-05-13 |work=TradeWinds |language=en}} during this period the company sold additional vessels as well for another $100 million. Lomar purchased six container ships and two product tankers in December 2014,{{Cite news |title=Lomar sustains S&P pace and readies fresh box order |url=http://www.tradewindsnews.com/weekly/350130/Lomar-sustains-SampP-pace-and-readies-fresh-box-order |archive-url=http://web.archive.org/web/20170202052609/http://www.tradewindsnews.com/weekly/350130/Lomar-sustains-SampP-pace-and-readies-fresh-box-order |archive-date=2017-02-02 |access-date=2025-05-13 |work=TradeWinds |language=en}} and seven more container ships in February 2015.Holmes, Tom. [http://readmt.com/news/article/2015/02/18/lomar-expansion-continues/ "Lomar expansion continues"]. Marine Trader. February 18, 2015.{{Cite web |date=2015-03-02 |title=Lomar Adds Seven Container Ships to its Fleet |url=https://www.marinelink.com/news/container-seven-lomar386892.aspx |access-date=2025-05-13 |website=MarineLink |language=en}} As of 2017, Lomar had a total fleet of over 80 vessels.[http://www.libra.com/en/what-we-do/shipping/ "Shipping"]. Libra.com. Retrieved January 24, 2017. Lomar recorded close to 2 billion in vessel sales during July 2020 to June 2023.{{cite news|url=https://kontologis.gr/2022/12/02/lista-lloyds-protagonistes-13-llines-efoplistes/|title=Lloyd's List: Protagonists 13 Greek shipowners|work=Kovto|publisher=Kontologis|date=December 2, 2022|access-date=April 4, 2023}}

Lomar acquired 166-year-old Carl Büttner Holding's chemical tanker fleet for $160 million in October 2022.{{cite web |title=LibraGroup cite Index |url=https://www.gogocameras.com/index.php/Libra_Group#cite_note-33 |website=GoGo Cameras |access-date=27 December 2023}}{{cite web |last1=Doneva |first1=Dimana |title=Lomar Partners With Seabound For CO2 Capture On Vessels |url=https://carbonherald.com/lomar-partners-with-seabound-for-co2-capture-on-vessels/ |website=Carbon Herald |date=24 April 2023 |access-date=27 December 2023}}{{cite web |title=Lomarlabs Collaborates with Seabound to Reduce CO2 Emissions Aboard Vessels |url=https://www.sustainabilitymenews.com/transport/lomarlabs-collaborates-with-seabound-to-reduce-co2-emissions-aboard-vessels |website=SME |date=20 April 2023 |publisher=SME News Service |access-date=27 December 2023}}

In 2024, Libra's Lomar Shipping exited the container sector after selling close to 100 vessels for more than $2 billion between 2020 and early June 2024. As of 2024, Lomar has approximately 30 vessels including tankers and bulk carriers.{{cite web |last1=Saul |first1=Jonathan |title=Libra Group exits container shipping in $2 bln sales play |url=https://www.reuters.com/markets/commodities/libra-group-exits-container-shipping-2-bln-sales-play-2024-06-06/ |website=Reuters|date=6 June 2024 }}

Americraft Marine, a Libra subsidiary, acquired St. Johns Ship Building in Florida in 2022 to build and service Jones Act-compliant fleets. The shipyard builds aluminum vessels, including crew transfer vessels (CTVs) used to service the offshore wind farm industry.{{cite news|last=Saul|first=Jonathan|url=https://www.reuters.com/article/shipping-jonesact-shipyard-idUSL8N2Y4269|title=EXCLUSIVE-Libra Group unit enters Jones Act market with U.S. shipyard acquisition|work=|publisher=Reuters|date=June 21, 2022|access-date=April 3, 2023}}

Lomarlabs was launched in March 2023 to explore adaptive maritime technologies such as carbon capture devices, robotics, and removable wind sails. The same year Lomarlabs announced a collaboration with Seabound, a maritime emissions reduction and carbon capture start-up. In September 2023 a new Libra Group maritime subsidiary, Seapath, formed a joint venture with Pilot LNG to develop the first dedicated LNG bunkering facility in U.S. Gulf Coast.{{cite web |title=Seapath, Pilot LNG to develop Texas LNG bunkering facility |url=https://www.rivieramm.com/news-content-hub/news-content-hub/seapath-and-pilot-partner-to-develop-texan-lng-bunkering-facility-77956 |website=Riviera}} In March 2024 Seapath launched a maritime leasing business focused on Jones Act-compliant vessels with $25 Million in initial transactions.{{cite web |last1=Chambers |first1=Sam |title=Jones Act leasing business launched by Libra subsidiary |url=https://splash247.com/jones-act-leasing-business-launched-by-libra-subsidiary/ |website=Splash247|date=14 March 2024 }}

In January 2024, Americraft delivered the WINDEA Courageous, the first of 3 Jones Act-compliant Incat Crowther crew transport vessels (CTV) ordered by WINDEA CTV LLC.{{cite web |title=St. Johns Ship Building delivers first of three new 99' CTVs to WINDEA |url=https://www.workboat.com/shipbuilding/st-johns-ship-building-delivers-first-of-three-new-99-ctvs-to-windea |website=Workboat}}

Lease Corporation International (LCI), Libra Group's aircraft leasing subsidiary, was founded in 2004.[http://www.lciaviation.com/ LCI Aviation]. LCIAviation.com. Retrieved March 16, 2017. LCI offices are located in Ireland, the United Kingdom, and Singapore. Since its inception, LCI has undertaken approximately $10 billion of transactions in the aviation market.{{cite web |last1=Alcock |first1=Charles |title=LCI EXPECTS ADVANCED AIR MOBILITY TO DRIVE CHANGE IN AIRCRAFT LEASING MARKET |url=https://www.futureflight.aero/news-article/2023-04-12/lci-expects-advanced-air-mobility-drive-change-aircraft-leasing-market |website=Future Flight |access-date=29 November 2023}}{{cite web |title=LCI signs agreement for 125 BETA eVTOL aircraft |url=https://www.aero-mag.com/lci-signs-agreement-for-125-beta-evtol-aircraft |website=Aeromag |access-date=29 November 2023}}

It leases fixed-wing aircraft to airlines in Europe and Asia, including Singapore Airlines, British Airways, Virgin Atlantic, Oman Air, and Hong Kong Express Airways.Shalom, Francois. [https://montrealgazette.com/Bombardier+CSeries+gets+another+boost/1445295/story.html "Bombardier's CSeries gets another boost"]. Montreal Gazette. March 30, 2009. After selling its fleet of aircraft in 2007, LCI purchased new aircraft in 2009.Saul, Jonathan. [https://www.reuters.com/article/greece-libra-investment-idUSL6N0BY6S020130307 "INTERVIEW-Conglomerate Libra sees investors returning to Greece"]. Reuters. March 7, 2013.

In 2012, LCI expanded into helicopter leasing.Rothman, Andrea. [https://www.bloomberg.com/news/2012-02-12/libra-buys-agustawestland-helicopters-to-start-leasing-business.html "Libra Buys AgustaWestland Helicopters to Start Leasing Business"]. Bloomberg News. February 12, 2012. In 2014, LCI purchased nearly $1{{nbsp}}billion in helicopters from Airbus and AgustaWestland;Wynbrandt, James. [http://www.ainonline.com/aviation-news/2014-02-25/lci-orders-almost-1-billion-helicopters-airbus-agustawestland "LCI orders almost $1 billion in Helicopters from Airbus, AgustaWestland"]. Aviation International News. AINonline.com. February 25, 2014. in early 2015 it added 11 more helicopters from AgustaWestland.[http://www.rotorandwing.com/2015/02/13/agustawestland-approves-flightsafety-learning-center-signs-11-helicopter-contract-with-lci/ "AgustaWestland Approves FlightSafety Learning Center, Signs 11-Helicopter Contract with LCI"]. Rotor & Wing International. February 13, 2015.[http://www.prnewswire.com/news-releases/lci-to-expand-helicopter-fleet-with-further-agustawestland-orders-291670161.html "LCI to Expand Helicopter Fleet With Further AgustaWestland Orders"]. PR Newswire. February 12, 2015. Helicopters leased by LCI are used for offshore oil operations, for commercial and governmental use, and for search and rescue as well as emergency medical services. Its lease clients in early 2015 included Westpac Rescue Helicopter Service and Australian Helicopters in Australia, and HeliService International in Germany.[http://www.aviationnews-online.com/leasing/lci-helicopters-to-lease-four-aw139s-to-westpac-rescue-in-australia/ "LCI Helicopters to lease four AW139s to Westpac Rescue in Australia"]. AviationNews-online.com. February 25, 2015.Alcock, Charles. [http://www.ainonline.com/aviation-news/business-aviation/2015-03-02/lci-starts-2015-strong-leasing-activity "LCI Starts 2015 With Strong Leasing Activity"]. Aviation International News. AINonline.com. March 2, 2015.Spruce, Terry. [http://helicopterinvestor.com/articles/lci-to-lease-six-aw139s-to-australian-helicopters/ "LCI to lease six AW139s to Australian Helicopters"]. HelicopterInvestor.com. February 26, 2015.[http://helihub.com/2015/03/06/lci-to-lease-second-new-agustawestland-aw139-to-heliservice/ "LCI to lease second new AgustaWestland AW139 to HeliService"]. HeliHub.com. March 6, 2015.

In February 2024, LCI announced a commitment to acquire up to 21 more rotorcraft from Leonardo Helicopters under a new framework agreement.{{cite web |last1=Perry |first1=Dom |title=LCI adds to Leonardo orderbook with deal for up to 21 helicopters |url=https://www.flightglobal.com/helicopters/lci-adds-to-leonardo-orderbook-with-deal-for-up-to-21-helicopters/157101.article |website=Flight Global}}

Sumitomo Mitsui Finance and Leasing Company (SMFL) acquired a 35% stake in LCI from Libra Group in March 2023.{{cite web |last1=Waldron |first1=Greg |title=Sumitomo Mitsui Finance to take 35% stake in helicopter lessor LCI |url=https://www.flightglobal.com/helicopters/sumitomo-mitsui-finance-to-take-35-stake-in-helicopter-lessor-lci/152680.article |website=Flight Global}} In January 2023, LCI 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. In April 2022, LCI signed an agreement with BETA Technologies to acquire up to 125 of the company's electric vertical take-off and landing (eVTOL) aircraft.{{cite web |last1=Patterson |first1=Thom |title=Beta Technologies Announces Deal with LCI for up to 125 eVTOLs |url=https://www.flyingmag.com/beta-technologies-announces-deal-with-lci-for-up-to-125-evtols/ |website=Flying Mag|date=27 April 2022 }}

In January 2024 LCI launched LCI Analytics, a new research and advisory division focused on consultancy and research services for critical rotorcraft and advanced air mobility operations.{{cite web |last1=Stones |first1=Dan |title=LCI Analytics launched to probe rotorcraft and AAM sectors |url=https://www.helicopterinvestor.com/news/100984/lci-analytics-launched-to-probe-rotorcraft-and-amm-sectors/ |website=Helicopter Investor}}

Libra Group announced its project to become the first space leasing company in June 2023, offering satellites, spaceports and various infrastructure elements through a new subsidiary, Space Leasing International (SLI).{{cite news |last1=Saul |first1=Jonathan |title=Libra Group embarks on space leasing with Arctic ground station |url=https://www.reuters.com/technology/space/libra-group-embarks-space-leasing-with-arctic-ground-station-2023-06-20/ |website=Reuters |date=20 June 2023 |access-date=29 November 2023}}

In November 2023 SLI acquired a satellite ground station in Alaska, the second of over 20 ground stations to be leased by SLI to RBC Signals.{{cite web |last1=Swinhoe |first1=Dan |title=Space Leasing International acquires ground station in Alaska, leases to RBC Signals |url=https://www.datacenterdynamics.com/en/news/space-leasing-international-acquires-ground-station-in-alaska-leases-to-rbc-signals/ |website=DCD|date=24 November 2023 }}

Libra Group has several hotel subsidiaries, which operate luxury hotels worldwide. The company established Grace Hotels, an international luxury-hotel management company that began in Greece. In 2018 Auberge Resorts Collection took over management of the Grace hotels with Libra Group taking a strategic interest in Auberge.{{cite web |last1=Mest |first1=Elliot |title=Auberge Resorts, Libra Group partner on Grace Hotels management |url=https://www.hotelmanagement.net/operate/auberge-resorts-partners-libra-group-to-operate-five-grace-hotels |website=Hotel Management|date=18 October 2018 }}

The hotel chain's first location, Grace Mykonos, received the highest award at the 2007 European Hotel Design Awards.[https://web.archive.org/web/20140610090003/http://www.highbeam.com/doc/1G1-183410082.html "In Greece Grace Targets Serene Luxury"]. Hotels. July 1, 2008. The Grace Santorini was in Condé Nast Traveler{{shy}}{{'}}s Gold List in 2012,[http://www.cntraveller.com/awards/the-gold-list/gold-list-2012/page/grace-santorini,-greece THE GOLD LIST 2012 – GRACE SANTORINI, GREECE]. Condé Nast Traveler. 2012. and the Vanderbilt Grace in Newport, Rhode Island was listed in Tatler{{shy}}{{'}}s top 14 hotels in the U.S. in 2015.[http://www.tatler.com/guides/travel-guides/2015/search?Country=USA&page=2&LocationName=The%20Vanderbilt%20Grace Tatler Travel Guide 2015 – USA – The Vanderbilt Grace]. Tatler. 2015.

Other hotel companies owned by Libra Group, which has a portfolio of 70 properties, include Aria Hotels in Greece.{{cite web |title=Aria Hotels Announces Growth with Addition of 20 Properties to Portfolio in Greece |url=https://news.gtp.gr/2023/03/16/aria-hotels-announces-growth-with-addition-20-properties-portfolio-greece/ |website=Gtp}}

Elandis develops, owns, and manages real estate, that has included hotels and hospitality properties. In 2016 it opened the first Hyatt Place hotel in Brazil.[https://therealdeal.com/miami/2016/11/05/elandis-opens-the-first-hyatt-place-hotel-in-brazil/ "Elandis opens the first Hyatt Place hotel in Brazil"]. The Real Deal. November 5, 2016.

Libra Group owns four renewable-energy subsidiaries with a total footprint and pipeline of around 4GW. EuroEnergy, based in Greece, operates solar and wind energy plants.[http://www.libra.com/en/what-we-do/energy/ "Energy"]. Libra.com. Retrieved January 17, 2017. Greenwood Energy develops and manages on-site solar energy systems for public and private sector organizations wishing to offset their energy costs in Latin America.Podsada, Janice. [https://www.courant.com/2011/10/11/ccsu-will-get-an-energy-boost-from-fuel-cell/ "CCSU Will Get An Energy Boost From Fuel Cell"].

The Hartford Courant. October 11, 2011.[https://archive.today/20131218075925/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=84065686 "Company Overview of Greenwood Fuels LLC"]. Bloomberg Businessweek. Retrieved December 17, 2013.Simet, Anna. [http://biomassmagazine.com/articles/13923/convergen-energy-purchases-michigan-biomass-plant "Convergen Energy purchases Michigan biomass plant"]. Biomass Magazine. November 15, 2016.[http://www.libra.com/en/what-we-do/energy/convergen/ "Convergen"]. Libra.com. Retrieved January 25, 2017. Greenwood also had a solar-power engineering, procurement, and construction division, called Greenwood Biosar.[https://web.archive.org/web/20131219015114/http://www.newenergyworldnetwork.com/investor-news/renewable-energy-news/by-technology/solar/us-based-greenwood-forms-epc-jv-europes-biosar.html "US-based Greenwood forms EPC JV Europe’s Biosar"]. New Energy World Network. October 5, 2012. In 2014 Greenwood Biosar built Panama's first utility-scale solar power plant.Shahan, Cynthia. [http://cleantechnica.com/2014/03/24/greenwood-biosar-panama-utility-solar-power-plant/ "Greenwood Biosar Completes Panama’s 1st Utility-Scale Solar Power Plant"]. Clean Technica. March 24, 2014.Stromsta, Karl-Erik. [http://www.rechargenews.com/solar/1391124/greenwood-energy-contemplating-china-solar-push "Greenwood Energy contemplating China solar push"]. Recharge News. February 9, 2015. Reprinted: [http://www.energychinaforum.com/news/86705.shtml]{{Dead link|date=February 2020|bot=InternetArchiveBot|fix-attempted=yes}}. Convergen Energy Latvia develops sustainable power sources and renewable energy in the Latvian market.{{cite web |title=2023 Country Report Latvia |url=https://economy-finance.ec.europa.eu/system/files/2023-05/LV_SWD_2023_614_en.pdf |website=Economy Finance}}

In April 2022 Latin American subsidiary Greenwood Energy, together with the Confederación Indígena Tayrona (CIT), the organization of indigenous peoples of northwestern Colombia, launched the Terra Initiative, a utility-scale solar project in Colombia's Sierra Nevada de Santa Marta mountains.{{cite web |last1=Whittington |first1=Grant |title=Solar Farms and Sacred Mountains in Colombia: Indigenous Community and Developer Link Arms to Save 'Irreplaceable' Nature Reserve |url=https://www.triplepundit.com/story/2022/solar-colombia-indigenous/741366 |website=TriplePundit}} In 2023 EuroEnergy acquired a 114-megawatt wind energy development in Udbina, Croatia for €150 million,{{cite web |last1=Djunisic |first1=Sladjana |title=EuroEnergy buys 114-MW wind farm project in Croatia |url=https://renewablesnow.com/news/euroenergy-buys-114-mw-wind-farm-project-in-croatia-811950/ |website=Renewables Now|date=20 January 2023 }} and announced its partnership with Afcon Renewable Energy to invest in renewable energy across Poland, increasing the company's European project portfolio to more than 400MW.{{cite web |last1=Jenkinson |first1=Orlando |title=Renewable investors buy large Croatian wind farm |url=https://www.windpowermonthly.com/article/1811690/renewable-investors-buy-large-croatian-wind-farm |website=Wind Power Monthly}}

In April 2023 GSI, the group's North American renewable energy subsidiary, acquired Ontario, Canada-based renewable energy developer Saturn Power's 1.4GW solar and energy storage projects located across five states in the U.S. and two Canadian provinces.{{cite web |title=Greenwood buys Saturn Power's solar and storage portfolio |url=https://www.power-technology.com/news/greenwood-buys-saturn-power/ |website=Power Technology|date=14 April 2023 }}

In January 2024, Iyuhána Solar, a partnership led by GSI alongside the Ocean Man First Nation community, was awarded a contract by regional Canadian utility SaskPower to build and operate a 100MW solar PV facility.{{cite web |last1=Norman |first1=Will |title=GSI-led First Nations partnership to build 100MW PV project in Saskatchewan |url=https://www.pv-tech.org/gsi-led-first-nations-partnership-to-build-100mw-pv-project-in-saskatchewan/ |website=PV Tech|date=25 January 2024 }}

Libra Group's real estate subsidiaries are involved in the development and management of residential, retail, commercial, and hospitality properties worldwide. The company formerly operated a real estate brokerage, management, and consulting services firm, Singapore Residential.[http://www.libra.com/en/what-we-do/real-estate/ "Real Estate"]. Libra.com. Retrieved January 17. 2017. It also owned First Oriental, which was involved in real estate development in Southeast Asia.Srimalee, Somluck. [https://web.archive.org/web/20131219074121/http://www.nationmultimedia.com/home/First-Oriental-enters-Bangkok-property-30056250.html "First Oriental enters Bangkok property"]. The Nation. November 16, 2007.Srimalee, Somluck.[https://web.archive.org/web/20071217183627/http://www.nationmultimedia.com/2007/12/14/business/business_30059022.php "Thai property attracts rush of foreign investment"]. The Nation. December 14, 2007. In Greece, Libra Group has owned a Sotheby's International Realty brokerage. Other real estate subsidiaries include Elandis and Mayfair Investments and investor and management company FCA Group in Panama.{{cite web |last1=Serlin |first1=Christine |title=Elandis and M&G Investments Launch Joint Venture for Multifamily Platform |url=https://www.multifamilyexecutive.com/business-finance/elandis-and-m-g-investments-launch-joint-venture-for-multifamily-platform_o |website=Multi Family Executive|date=30 September 2020 }}

[https://web.archive.org/web/20140610090026/http://www.highbeam.com/doc/1G1-180800183.html "Greek life for Sotheby's latest expansion."]. Real Estate Weekly. June 18, 2008.

In September 2020, real estate subsidiary Elandis announced a joint venture between Libra Group and international asset manager M&G Investments for multifamily properties in the U.S.{{cite web |last1=Feser |first1=Katherine |title=Real estate transactions: Miami investor expands Houston apartment portfolio |url=https://www.houstonchronicle.com/business/texas-inc/article/Real-estate-transactions-Miami-investor-expands-16669386.php |website=Houston Chronicle}} Grace Hotel Santorini is owned by Libra Group's Athens and Madrid-based real estate subsidiary Sparta.{{cite web |last1=Tsoni |first1=Paula |title=Santorini Hotel Ranked Among World's Top 3 |url=https://greekreporter.com/2022/07/16/santorini-hotel-ranked-among-worlds-top/ |website=Greek Reporter}} Sparta also owns a portfolio of hotels in New England, USA.

Libra Group has a strategic interest in Argentina-based real estate investment and development company, Amerisud. The company previously developed Optima Business Park in three phases and a residential complex, Beccar Plaza, both in Buenos Aires.{{cite web |title=Beccar Plaza: first development with a "buy-back commitment" |url=https://www.cronista.com/impresa-general/Beccar-Plaza-primer-desarrollo-con-compromiso-de-recompra-20090924-0011.html |website=El Cronista|date=24 September 2009 }}

Libra previously held LXM Group, a financial services provider, and Riposte Capital.[https://web.archive.org/web/20161010042450/http://www.libra.com/en/what-we-do/finance-and-diversified/lxm-group/ "LXM Group"]. Libra.com. Archived October 10, 2016.[http://www.libra.com/en/about-us/diversified-investments/riposte-capital "Riposte Capital"]. Libra.com. Retrieved May 15, 2015.[http://www.libra.com/en/what-we-do/finance-and-diversified/peninsula-group/ "Peninsula Group"]. Libra.com. Retrieved January 17, 2017.

Libra Group has 20 operating entities around the world.[http://www.libra.com/en/about-us/all-subsidiaries.aspx "All Subsidiaries"]. Libra.com. Retrieved January 17, 2017. Its diversified companies, which fall outside of its main areas of operation, include Principal Media, a film and television company based in Los Angeles, which, in November 2022, invested in Toronto-based TV and film production company, Chesler/Perlmutter Productions.{{cite news |title=Principal Media Announces Strategic Investment in Chesler/Perlmutter, Expanding Film Production Capabilities |url=https://www.theglobeandmail.com/investing/markets/stocks/DIS-N/pressreleases/12034166/principal-media-announces-strategic-investment-in-/ |website=The Globe and Mail |publisher=Newswire.ca |access-date=29 December 2023}}

[http://www.libra.com/en/what-we-do/finance-and-diversified/fifth-element-design/ "Fifth Element Design"]. Libra.com. Retrieved January 25, 2017.[http://fifthelementdesign.com/ Fifth Element – Interior Design]. Official site. Retrieved January 25, 2017. Libra Group also has a 50% stake in the luxury natural-fiber mattress and home furnishings company COCO-MAT.[http://www.libra.com/en/what-we-do/finance-and-diversified/coco-mat/ "COCO-MAT"]. Libra.com. Retrieved January 17, 2017.[http://www.prnewswire.com/news-releases/the-libra-group-invests-in-coco-mat-in-exchange-for-a-50-stake-in-the-company-250018001.html "The Libra Group invests in COCO-MAT in exchange for a 50% stake in the company"]. PR Newswire. March 13, 2014. In March 2022 Libra Group announced an investment in GreenMet, formerly known as Greentech Minerals Holdings. The company is active in the development of sustainable supply chain infrastructure for critical rare earth minerals, such as green steel.{{cite news|url=https://www.14news.com/prnewswire/2022/06/23/greenmet-unveils-expert-steering-committee-shape-environment-sustainability-best-practices-rare-earth-mineral-supply-chains-north-america/?outputType=amp|title=GreenMet Unveils Expert Steering Committee to Shape Environment and Sustainability Best Practices in Rare Earth and Mineral Supply Chains for North America|work=14 News|publisher=Gray Media Group|date=June 23, 2022|access-date=April 4, 2023}}{{cite web |last1=Tsiliopoulos |first1=E |title=Libra Group: Strategic investment in GreenMet |url=https://www.newgreektv.com/news-in-english-for-greeks/economy/item/34238-libra-group-strategic-investment-in-greenmet |website=New greek television|date=21 March 2022 }}

Libra Group's headquarters are located in New York. The company also operates 26 offices worldwide, including locations in Miami, Beijing, Buenos Aires, and Athens.

As of 2023, the company has 20 operating entities around the world. The major subsidiaries operate in six separate industries: Aerospace; renewable energy; hotels and hospitality services; real estate; maritime and diversified investments.

Several of Libra Group's past subsidiaries were responsible for the management and oversight of subsidiaries within a specific geographic region. Some of these included First Mediterranean Investments, a holding company for specialist investment companies focused on the Southeastern Mediterranean and Balkan regions;[http://www.libra.com/en/first-mediterranean-investments/ First Mediterranean Investments]. Libra.com. Retrieved January 15, 2017.[http://www.libra.com/en/what-we-do/hotels-and-hospitality/ "Hotels and Hospitality"]. Libra.com. Retrieved January 17, 2017. and First Oriental Investments, was a specialist real estate investment and development company for Southeast Asia.[http://www.libra.com/en/news-and-insights/libra-group-creates-first-oriental/ "Libra Group Creates First Oriental"]. Libra.com. January 1, 2004.Property Reporters. [https://web.archive.org/web/20080706171526/http://www.nationmultimedia.com/2008/05/12/business/business_30072782.php "Koolpuntville eyes Bangkok condo market"]. The Nation. May 12, 2008. Libra Group also operates Libra Capital and Libra Group Services, providing investment-management and legal, accounting, marketing, and administrative services to other Libra Group subsidiaries.[http://www.libra.com/en/libra-capital/ Libra Capital]. Libra.com. Retrieved January 15, 2017.[http://www.libra.com/en/libra-group-services/ Libra Group Services]. Libra.com. Retrieved January 15, 2017.

Libra Group is privately owned by the Logothetis family, whose members fill several key roles in the organization.Seiradaki, Emmanouela. [http://greece.greekreporter.com/2011/09/29/libra-group-the-american-college-of-greece-launch-unique-international-internship-program/ "Libra Group & The American College of Greece Launch Unique International Internship Program"]. Greek Reporter. September 29, 2011. George Logothetis is the company's executive chairman and founding CEO,Dabilis, Andy. [http://greece.greekreporter.com/2013/03/10/libra-group-stepping-up-investments-in-greece/ "Libra Group Stepping Up Investments in Greece"]. Greek Reporter. March 10, 2013. appointing Manos Kouligkas to succeed him as CEO in 2022. Nicholas Logothetis is the vice-chairman.[http://www.libra.com/en/management/board-of-directors/nicholas-m-logothetis/ Nicholas M. Logothetis – Executive Board Member]. Libra.com. Retrieved January 17, 2017. Constantine Logothetis is a non-executive board member and was formerly vice chairman.[http://www.libra.com/en/people/executive-team/constantine-m-logothetis Executive Team – Constantine M. Logothetis]. Libra.com. Retrieved May 16, 2015. Adamantios Tomazos is the senior executive board member, and was a founding director of Lease Corporation International, the international commercial aircraft leasing subsidiary of Libra Group.[http://www.libra.com/en/people/executive-team/adamantios-tomazos Executive Team – Adamantios Tomazos]. Libra.com. Retrieved May 16, 2015.[https://www.bloomberg.com/research/stocks/private/person.asp?personId=84146063&privcapId=84145892 "Adamantios Tomazos – Executive Profile"]. Bloomberg Businessweek. Retrieved March 16, 2017. Former United States ambassador John Negroponte is a former director of Libra Group and an advisor to the board.[https://www.bloomberg.com/research/stocks/private/person.asp?personId=181720&privcapId=2015792 "John D. Negroponte – Executive Profile"]. Bloomberg Businessweek. Retrieved March 16, 2017.[http://www.libra.com/en/management/board-of-directors/ "Board of Directors"]. Libra.com. Retrieved January 17, 2017.[http://www.libra.com/en/management/board-of-directors/hon-john-negroponte/ Hon. John Negroponte – Advisor to the Board]. Libra.com. Retrieved January 17, 2017. Leon Logothetis is the former head of the company's Los Angeles–based film company Principal Media.[http://principalmedia.com/shankly-productions-appoints-new-ceo/ "Shankly Productions Appoints New CEO"]. PrincipalMedia.com. March 11, 2011.[https://web.archive.org/web/20140325022051/http://libra.com/media/276323/2012.02.27.prinm_-_shankly_productions_changes_name_to_principal_media.pdf "Shankly Productions changes name to Principal Media"]. Libra.com. February 27, 2012.[http://www.libra.com/en/management/executive-team/fidel-andueza/ Fidel Andueza – Head of Americas]. Libra.com. Retrieved January 17, 2017. Phaedra Chrousos is Chief Strategy Officer.{{Cite web|url=https://www.libra.com/en/people/executive-team/phaedra-chrousos/|title = Phaedra Chrousos}} In March 2023 Praveen Vetrivel was appointed Chief Financial Officer.{{cite web |last1=Ewers |first1=Gideon |title=LCI appoints O'Rourke CFO |url=https://www.rotorhub.com/lci-appoints-orourke-cfo/ |website=Rotorhub|date=March 2023 }}

In 2011, Libra Social Responsibility was formed. In September 2023, it was spun off into Libra Philanthropies, the sister organization of Libra Group and an independent 501c3. Libra Philanthropies is involved in several education, mentorship, and social projects.[http://www.libra.com/en/social-responsibility/ "Social Responsibility"]. Libra.com. Retrieved January 17, 2017. In partnership with the American College of Greece and the Greek America Foundation, the company established an internship program in 2011 to facilitate study abroad and work-experience programs for Greek and Greek-American students. In 2012, the company pledged €5 million to create the Hellenic Initiative's Hellenic Entrepreneurship Award, which provides mentorship and funding to Greek entrepreneurs;Papapostolou, Anastasios. [http://greece.greekreporter.com/2012/11/28/hellenic-initiative-launches-entrepreneurship-award-with-e5m-commitment/ "Hellenic Initiative Launches Entrepreneurship Award with €5M Commitment"]. Greek Reporter. November 28, 2012. as of 2017, Libra Group has committed €10{{nbsp}}million to supporting entrepreneurship in Greece through the award.[https://www.thenationalherald.com/142715/hellenic-entrepreneurship-award-2017-seeking-submissions/ "Hellenic Entrepreneurship Award 2017 Seeking Submissions"]. The National Herald. November 26, 2016. The company also launched the American Entrepreneurship Award, for U.S. communities facing a disproportionate lack of opportunity – initially Bronx, New York and Miami-Dade County, Florida – in 2016.Dahlberg, Nancy. [http://www.miamiherald.com/news/local/community/miami-dade/article129927684.html "American Entrepreneurship Award, with $125K in prizes, opens for entries"]. Miami Herald. January 31, 2017.Barker, Cyril Josh. [http://amsterdamnews.com/news/2017/feb/02/second-annual-american-entrepreneurship-award-bron/ "Second Annual American Entrepreneurship Award in the Bronx opens for entries"]. New York Amsterdam News. February 2, 2017.

Some of its other programs include the Seleni Institute for women's maternal physical and mental health, and the HOME Project which aids refugees and provides safe shelters for unaccompanied refugee children.Constantinos. [https://www.thenationalherald.com/152072/tnhs-50-wealthiest-greeks-america-2017-list/ "TNH’s 50 Wealthiest Greek-Americans 2017 List"]. The National Herald. March 8, 2017.

Libra Group is a founding sponsor of the My Brother's Keeper (MBK) Alliance, launched in May 2015 by President Obama.Papapostolou, Anastasios. [http://usa.greekreporter.com/2015/05/05/libra-group-announces-partnership-with-president-obamas-my-brothers-keeper-alliance/ "Libra Group Announces Partnership with President Obama’s My Brother’s Keeper Alliance"]. Greek Reporter. May 5, 2015.[http://bronxmama.com/2015/05/05/president-obama-visits-the-bronx-to-launch-my-brothers-keeper-alliance/ "President Obama Visits the Bronx to Launch My Brother’s Keeper Alliance"]. BronxMama.com. May 5, 2015. The MBK Alliance helps young men of color throughout the U.S. reach their full potential, by ensuring and improving educational and workplace opportunities.[http://www.acg.edu/web/touchbase-issue22/?p=26 "Deree's Libra Interns Meet President Barack Obama"]. Touch Base. American College of Greece. Issue 22, January 2015. As part of its involvement with the original My Brother's Keeper Initiative launched by Obama in February 2014, Libra Group has partnered with Leadership Enterprise for a Diverse America (LEDA) by providing internship placements for young men of color at Libra and its global subsidiaries.[http://www.prnewswire.com/news-releases/libra-group-announces-partnership-with-president-obamas-my-brothers-keeper-alliance-300076941.html "Libra Group Announces Partnership with President Obama's My Brother's Keeper Alliance"]. PR Newswire. May 4, 2015.[https://web.archive.org/web/20151222085951/http://www.ledascholars.org/wp-content/uploads/2014/04/2014-Fall-Newsletter.pdf LEDA News]. Leadership Enterprise for a Diverse America. Fall 2014. p. 6. In 2016 the company pledged funds, services, and resources to the Obama administration's Partnership for Refugees to aid the global refugee crisis.The White House. [https://obamawhitehouse.archives.gov/the-press-office/2016/09/20/private-sector-participants-call-action "Private Sector Participants to the Call to Action"]. WhiteHouse.gov. September 20, 2016. It also signed the Obama administration's Equal Pay Pledge to pay women commensurately with men and eliminate gender-based hiring bias.Knoepp, Lilly. [https://www.forbes.com/sites/lillyknoepp/2016/08/26/these-55-companies-are-committed-to-equal-pay "These 57 Companies Are Committed To Equal Pay"]. Forbes. August 26, 2016.The White House. [https://obamawhitehouse.archives.gov/the-press-office/2016/08/26/fact-sheet-white-house-announces-new-commitments-equal-pay-pledge "Fact Sheet: White House Announces New Commitments to the Equal Pay Pledge"]. WhiteHouse.gov. August 26, 2016.

In September 2023, the Logothetis family launched Libra Philanthropies.{{cite web |title=Introducing Libra Philanthropies: a Global Foundation for Human Empowerment |url=https://www.einnews.com/pr_news/656262532/introducing-libra-philanthropies-a-global-foundation-for-human-empowerment |website=EIN News|date=18 September 2023 }} Libra Philanthropies is a fully independent sister organization of Libra Group that was launched by the Logothetis family as a 501(c)(3) foundation. It comprises 10 philanthropic initiatives.{{cite web |title=Introducing Libra Philanthropies |url=https://www.kron4.com/business/press-releases/ein-presswire/656262532/introducing-libra-philanthropies-a-global-foundation-for-human-empowerment/ |website=Kron4|date=18 September 2023 }}

{{reflist|2}}

• [http://www.libra.com/ Official site]

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