Enerparc Secures Financing for 325-MW Solar Portfolio in Germany

• Enerparc AG secures bridge financing for its 325 MW solar project portfolio, expanding its network of financing partners and marking a milestone for Eiffel Energy Transition III.

German solar developer Enerparc AG has secured bridge financing for a 325 MW solar project portfolio from French investment firm Eiffel Investment Group. The portfolio consists of 15 solar photovoltaic and hybrid projects with battery storage, ranging in size from 6 MWp to 39 MWp. The projects are located in Rhineland-Palatinate, Schleswig-Holstein, and Brandenburg, and most of them are either built or will be commissioned soon. The portfolio is backed by various revenue streams, including feed-in tariffs, income from innovation tenders, and power purchase agreements.

This financing deal allows Enerparc to finalize the financing for its extensive solar portfolio and expand its network of financing partners. It also marks the first German transaction of Eiffel Energy Transition III, the third vintage of the Eiffel Energy Transition program. Capcora acted as the financial advisor to Enerparc in this transaction.

What is the significance of Enerparc AG securing bridge financing for its 325 MW solar project portfolio?

• The securing of bridge financing for Enerparc AG's 325 MW solar project portfolio is a significant milestone for the German solar developer.
  
• The portfolio consists of 15 solar photovoltaic and hybrid projects with battery storage, ranging in size from 6 MWp to 39 MWp.
• The projects are located in Rhineland-Palatinate, Schleswig-Holstein, and Brandenburg, and most of them are either built or will be commissioned soon.
• The portfolio is backed by various revenue streams, including feed-in tariffs, income from innovation tenders, and power purchase agreements.
• This financing deal allows Enerparc to finalize the financing for its extensive solar portfolio and move forward with the development and operation of these projects.
• The bridge financing also enables Enerparc to expand its network of financing partners, potentially opening up new opportunities for future projects.
• The transaction with Eiffel Investment Group marks the first German deal for Eiffel Energy Transition III, demonstrating the attractiveness of Enerparc's solar portfolio to international investors.
• Capcora, a financial advisory firm, played a crucial role in facilitating this transaction, acting as the financial advisor to Enerparc.
• The bridge financing not only provides the necessary capital for Enerparc's solar projects but also validates the company's expertise and track record in the renewable energy sector.
• The successful securing of bridge financing for this solar project portfolio highlights the continued growth and investment potential of the renewable energy industry in Germany.