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Enfinity Global Inc, a leader in renewable energy, today (Dec 4) announced that it has closed 118 million in financing for the construction of 101 MW in four utility-scale solar power plants located i. . .
/PRNewswire/ Enfinity Global Inc, a leader in renewable energy, today announced that it has closed €118 million in financing for the construction of 101 MW.
MIAMI, Oct. 26, 2023 /PRNewswire/ Enfinity Global Inc., a leader in renewable energy, today announced a definitive agreement for a minority sale in its 400 MW U.S. operating portfolio to the Japanese utility Kyushu Electric Power Co. Inc. (Kyushu Electric). Upon completion of the deal, Kyushu Electric will hold a 40% equity interest in the portfolio. Enfinity Global will retain a 60% equity interest and will be the long-term asset manager of the portfolio. In January 2023, Enfinity Global acquired this contracted portfolio, consisting of 28 operational solar PV power plants located in California, North Carolina, and Idaho. Finding long-term, like-minded partners and adding them as new shareholders to portfolios around the world is part of Enfinity's capital formation strategy to accelerate growth and optimize returns. "Kyushu Electric is an energy leader in Japan, and we are honored to be their long-term partner in this portfolio as we continue to rapidly grow", said Car