Enfinity Global has closed €165 million ($174 million) in financing aimed at building a portfolio of three utility-scale solar power plants with a combined capacity of 147 megawatts, located in Italy’s Lazio region.
The projects are expected to be operational by 2026, with the energy contracted under long-term power-purchase agreements (PPAs) with an international technology provider.
The financing was orchestrated through a club-deal structure, with ING and Rabobank serving as lenders and mandated lead arrangers.
The environmental impact of this new portfolio results in a reduction of 79,500 tons of carbon emissions annually, the equivalent of removing more than 62,000 cars from Italian roads each year.
In 2024 alone, Enfinity has secured €865 million ($911 million) in financing to support the deployment of its 4.8 gigawatts portfolio of solar PV and storage projects across Italy, including 205 megawatts in operation. Enfinity is Italy’s top inde
