Enfinity Global Inc., a prominent player in the renewable energy sector, has announced the successful closing of a bond facility of up to €100 million. This financing will support the rollout of the company’s energy storage and solar photovoltaic (PV) projects across Europe. The facility is being provided by Eiffel Investment Group, an independent asset manager with a focus on sustainable investments, through four of its investment vehicles. This financing represents a key milestone for Enfinity Global, highlighting both the strength of its project platform and its ability to deliver on large-scale infrastructure initiatives.
Notably, this is the company’s first round of funding dedicated to its battery energy storage system (BESS) portfolio in Europe. Enfinity is currently developing a BESS pipeline of 6.4 GW across the continent, including 5.1 GW in Italy and 1.3 GW in the United Kingdom. These storage projects are a critical part of Enfinity’s broader strategy to provide continuous, round-the-clock renewable energy to corporate and industrial clients while enhancing the reliability and stability of power grids. To date, Enfinity Global has secured a total of €865 million in Europe through a combination of junior and senior debt agreements.
Carlos Domenech, CEO of Enfinity Global, said in a statement, “We are thankful to Eiffel Investment Group for supporting the growth of our Italian platform. The future of competitive low carbon energy solutions relies on innovation of technologies and financings supported by market leaders.”
Pierre-Antoine Machelon, head of Infrastructure Funds at Eiffel Investment Group, stated, “We are proud to support Enfinity Global in its growth. Building a long-term relationship while structuring a tailor-made financing is at the heart of Eiffel DNA. This transaction highlights our commitment to providing financial solutions to accelerate the decarbonization in Europe.”
“Enfinity Global continues to expand its renewable energy footprint, leveraging our expertise to accelerate the clean energy transition while delivering reliable and cost-effective solutions for the European market. We are proud to support Enfinity Global in its growth,” commented Julio Fournier Fisas, General Manager of Enfinity Global for Europe.
Jean-Charles Arrago, head of Eiffel Infrastructure debt strategy, also added, “We are very happy to accompany top performing companies like Enfinity. With this facility, we are able to accelerate the rollout of a 24/7 renewable electricity production capacity in Italy.”
The company has established itself as one of the top ten independent power producers (IPPs) in Italy, with 232 MW of operational capacity, 538 MW currently under construction, and an additional 805 MW of approved solar projects. Enfinity also leads the country’s solar Power Purchase Agreement (PPA) market, having signed one-third of all new capacity contracted in 2024. This latest development reinforces Enfinity’s strong position in the European renewable energy market and its ongoing commitment to accelerating the clean energy transition through large-scale solar and storage solutions.
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