Enfinity Global, a prominent renewable energy developer, has closed a $97 million structured credit facility with Nomura, a global financial services firm, to advance a 608 MW portfolio of solar assets in the United States. This portfolio includes operational and in-progress projects across the CAISO, WECC, and SERC markets.
The facility, structured as asset-based financing, will support the development, construction, and refinancing of Enfinity’s current projects and operational solar assets. Additionally, the agreement includes provisions for a potential expansion of up to $400 million, intended to accelerate Enfinity’s solar and storage initiatives within its U.S. portfolio.
With a U.S. pipeline totaling 14.8 GW of solar PV and energy storage, and another 33 GW under negotiation, Enfinity Global anticipates having over 1 GW of solar and storage assets operational or under construction in the country within the next year.
Carlos Domenech, CEO of Enfinity Global, praised Nomura’s support, saying, “Nomura has been a foundational financing partner to Enfinity in the U.S. and Japan, helping us expand our global IPP platform. Their flexible capital model enables us to drive momentum for our portfolio.”
Vinod Mukani, Global Head of Nomura’s Infrastructure & Power Business, commented on the continued partnership, stating, “We’re pleased to support Enfinity’s record of successful large-scale clean energy deployments and look forward to contributing to their growth in the renewable energy sector.” Alain Halimi, Managing Director of Nomura IPB, added that the collaboration with Enfinity underscores Nomura’s commitment to providing strategic financing for leading renewable developers.
Enfinity Global’s ongoing expansion reflects a broader effort to support the energy transition by delivering diversified, scalable renewable energy projects in the U.S.
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