Spain's Enfinity Global to Acquire 400 MW Solar Projects in United States

Sep 27, 2022 09:19 AM ET
  • The solar energy portfolio consists of 28 operational solar PV nuclear power plant in California, North Carolina as well as Idaho.
  • Enfinity claimed that the portfolio got to COD within the last five years as well as holds lasting Power Purchase Agreements (PPAs) with top quality utility off-takers.

Leading renewable resource gamer in Spain, Enfinity Global has introduced that it has entered into a definitive arrangement with Switzerland's independent global asset monitoring firm Capital Dynamics (advised by Barclays) to acquire a 400 MW utility-scale solar energy portfolio in the USA.

Enfinity Global claimed that the solar power portfolio consists of 28 functional solar PV nuclear power plant in California, North Carolina and also Idaho. The portfolio got to COD within the last 5 years as well as holds long-term Power Purchase Agreements (PPAs) with high-quality utility off-takers.

Enfinity Global insurance claims to be among the fastest growing programmers and also owners of renewable energy assets, with a portfolio of over 5 GW of power plants in operation, under advancement and also incomplete in energy markets.

Carlos Domenech, Chief Executive Officer, Enfinity Global, said, "Our lasting ownership service version permits us to partner with appropriate investors, stakeholders as well as customers, aligning capabilities that create a zero-carbon future. Our ability to release operational knowledge across the entire renewables value chain, paired with our global visibility, equates into worth creation for our investors and customers."

Ricardo Diaz, CEO Americas of Enfinity Global, stated, "This deal represents a unique possibility to acquire a high-grade, geographically varied portfolio of operating assets. Our team believe the U.S. market will continue to consolidate, permitting long-lasting asset owners to proliferate and take advantage of efficiencies. We will remain to seek more investment opportunities in the united state with top-tier companions."

Diaz additionally held, "Our function is to create a totally incorporated system with a full suite of in-house development, financing, construction, operations and also asset management capabilities. To this end I more than happy to see that leading talent shares our vision and culture as well as are joining us."

Enfinity Global

Enfinity Global, together with its subsidiaries, asserts to be America's leading renewable resource and sustainability services firm established in 2018. the firm concentrates on establishing, financing, building, operating, and also having renewable resource assets.

Enfinity Global claimed that its management group brings over $37 billion of funding experience in the renewable resource sector as well as over 15 GW of developed and acquired solar as well as wind assets. Its total funding to date, excluding this acquisition, surpasses $1B. Enfinity has procedures across the US, Asia, and also Europe as well as the company develops sustainable options that help accomplish zero-carbon footprints worldwide.

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