Enfinity Global has closed a bond facility of up to €100 million ($113 million) to support the deployment of its energy storage and solar PV projects across Europe.
The facility was provided by Eiffel Investment Group, an independent asset manager focused on sustainable investments, through four of its investment vehicles.
This transaction marks Enfinity’s first financing of its battery energy storage system (BESS) portfolio in Europe, where it is developing a 6.4-gigawatt BESS pipeline, including 5.1 gigawatts in Italy and 1.3 gigawatts in the United Kingdom. Energy storage is a key component of Enfinity’s strategy to deliver 24/7 renewable energy solutions to corporate and industrial customers while contributing to grid resilience.
“We are thankful to Eiffel Investment Group for supporting the growth of our Italian platform,” said Carlos Domenech, CEO of Enfinity Global. “The future of competitive low-carbon energy solutions relies on innovation of
