Enpal, a German provider of renewable-energy solutions, has entered into an agreement with global infrastructure investors Equitix and Keppel Infrastructure Trust (KIT), which completed a strategic majority stake in Enpal’s energy system portfolio.
Enpal will receive more than €160 million ($172 million) in additional capital in several tranches. This transaction consolidates Enpal’s position in the rapidly growing renewable-energy market in Europe. Enpal will use the additional financial flexibility to expand its market leadership for renewable energy systems and to help its customers achieve significant savings in their own households via its energy management platform.
Enpal's portfolio already bundles more than 60,000 renewable energy solutions throughout Germany with a combined generation capacity of around 550 megawatts peak. The PV solutions also include more than 50,000 battery storage systems and more than 25,000 electric vehicle charging stations. Since
