Adenia Acquires S.Africa Solar Financing Giant

• Adenia Partners has acquired a controlling stake in Enfin Energy Finance, the leading South African solar power financing solutions provider. Their purchase marks the first investment from their 5th flagship fund and will help Enfin build over 100MW of solar systems in the next 5 years, simultaneously allowing businesses to become more reliable on grid power and support them in the energy crisis.

Adenia Partners, a private markets investment firm, has acquired a controlling stake in South African solar power financing solutions provider Enfin Energy Finance. The purchase marks the first investment from Adenia’s fifth flagship fund Adenia V, and will help Enfin expand its services. Enfin specializes in commercial and industrial sectors, offering financing and insurance solutions to businesses turning to solar power. With Adenia's support, the company aims to own, build, and operate over 100 MW of solar systems in the next five years. This will help businesses become less reliant on grid power and support them in the current energy crisis.

How Will Adenia V Support Enfin Energy Finance?

• Adenia V aims to provide Enfin with the capital, resources and expertise necessary to expand and grow.
• Adenia V will help Enfin increase its services and reach to new markets.
• Adenia V will help Enfin to design, develop, and construct more than 100 MW of solar projects in the next five years.
• Adenia V will provide Enfin with financial solutions that help businesses switch to solar power and become less reliant on grid power.
• Adenia V will help Enfin to develop innovative financing solutions that make solar more affordable and reduce energy costs for businesses.
• Adenia V will also support Enfin Energy Finance in its efforts to address Africa’s energy crisis.