Enfinity Global closes €500 million investment for 1.5GW PV portfolio

CBCIE Time：Aug 28, 2024 16:49 Source：pv-tech

US independent power producer (IPP) Enfinity Global has reached a financial close on a €500 million (US$558 million) investment to fund the development and construction of a 1.5GW solar PV portfolio in Italy.

The funding has been provided through an “innovative club deal” structure partnership with investors Infranity, Schroders Capital, Rivage, BNP Paribas Asset Management and QIC (Queensland Investment Corporation). The financing structure includes an accordion feature which would allow the IPP to upsize it to €800 million.

Key Words:

Europe solar photovoltaics

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