Madrid, March 2024 - We are pleased to announce the closing of a 7-year €25 million holdco financing to an Enfinity Global assetco, for the construction of a 134 MW solar portfolio in the region of Lazio (Italy). Enfinity Global is a leading renewable energy IPP with presence in the US, Europe and Asia.
The portfolio consists of four large-scale solar power plants currently under construction. It is scheduled to commission progressively starting in Q2 2024. Once operational, the portfolio will generate 225 GWh of clean energy annually, contracted with Statkraft through a 10-year power purchase agreement. This will allow to supply power to 85,000 Italian households while offsetting 91,500 tons of CO2 emissions.
The holdco financing was provided by Sienna Investment Managers, a pan-European multi-expertise asset manager.
Astris Finance acted as exclusive financial advisor to Enfinity Global. This closing is a testimony to Astris’s premier position in renewable energy financings in Europe and to its continuing expansion into the Italian market.