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Enfinity Global To Acquire 400 Mw Of Operating Solar Projects In The United States

PRIVATESep 26, 2022

Acquiring Company

Enfinity Global

Acquired Company

United States

MiamiLouisvilleEnergyRenewable EnergySolarRenewables & Environment

Description

Enfinity Global, a leader in renewable energy, today announced a definitive agreement with Capital Dynamics (advised by Barclays) to acquire a 400 MW utility-scale solar portfolio in the US, consisting of 28 operational solar PV power plants in California, North Carolina and Idaho. The portfolio reached COD within the last five years and holds long-term PPAs (Power Purchase Agreements) with high-quality utility off-takers.

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Company Information

Company

Enfinity Global

Location

2 S Biscayne Blvd

Miami, Florida, United States

About

Enfinity Global Inc., together with its subsidiaries, is a US-based leading renewable energy and sustainability services company established in 2018. As a global renewable energy solutions platform, it focuses on developing, financing, building, operating, and owning renewable energy assets. Enfinity Global's leadership team brings over $37 billion of financing experience in the renewable energy sector and over 15 GW of developed and acquired solar and wind assets. Company's total funding to date, excluding this acquisition, exceeds $1B. With offices across US, Asia, and Europe, the company develops sustainable solutions that help achieve zero-carbon footprints and enable a smooth transition to a carbon-free economy worldwide.

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Frequently asked

Who acquired United States?

United States was acquired by Enfinity Global, based in Miami. The deal was reported on September 26, 2022. Enfinity Global Inc., together with its subsidiaries, is a US-based leading renewable energy and sustainability services company established in 2018. Enfinity Global is privately held and operates in Energy.

When did Enfinity Global acquire United States?

Enfinity Global's acquisition of United States was reported on September 26, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does United States do?

The funding, once negotiated, is designed to help the company retrofit existing facilities in Louisville, CO and Vandergrift, PA, in order to produce IGU's. It is privately held, and is based in Louisville.

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