Enfinity Global has closed $164 million in financing for a 250-megawatt solar PV portfolio in Japan.
The financing was made in partnership with Macquarie Capital, the world’s largest infrastructure investor in infrastructure and power assets worldwide, and a syndicate led by Shinhan Asset Management, one of the largest asset management companies in South Korea.
The solar portfolio consists of seven operating utility-scale solar projects and one project under construction, and it has an enterprise value of more than $1 billion. The portfolio is expected to produce more than 300 gigawatt hours of clean energy annually, enough to power 60,000 Japanese homes and offset 35,000 tons of carbon dioxide emissions.
“We are delighted to partner with Macquarie and Shinhan as we scale our platform in Japan,” said Carlos Domenech, CEO of Enfinity Global. “Japan's energy transition needs world-class companies that invest in these high-quality, long-lived assets and sup
