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Enfinity Global closes $195 million of long-term financing for a 70 MW operational solar power plant in Japan
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Enfinity banks $195m financing for Japan PV array - reNews
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TOKYO, Aug. 3, 2022 /PRNewswire/ Enfinity Global Inc, a leading renewable energy and sustainability services company, has secured $242M (29 billion) in long-term financing for three recently completed utility scale solar PV plants in Japan totaling 70 MW. The power plants are contracted for 18 years under the FIT program. Nomura, a global financial institution, acted as initial lead arranger/sole bookrunner and Aozora Bank, one of the leading Japanese commercial banks, acted as lead arranger/agent. "We are committed to support Japan's ambitious plan to reach carbon neutrality by 2050,"said Carlos Domenech, CEO of Enfinity Global. "We are grateful for the trust shown by our financing partners, Nomura and Aozora Bank." "Nomura is pleased to provide liquidity and support to Enfinity Global in securing financing for these important solar projects,"said Vinod Mukani, Global Head of Nomura's Infrastructure and Power Finance ("IPF") group. &qu