SUBSCRIBE
PROFILE

Enfinity Global Launches 101 MW Solar Projects in Italy

Enfinity Global Inc. closes a €118 million financing package for four solar power plants in Italy, marking a giant step forward in renewable energy with the support of UniCredit, BayernLB and Siemens Bank.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Enfinity Global has just announced the closing of a €118 million financing package for the construction of four solar power plants with a total capacity of 101 MW in the Lazio region of Italy. Scheduled for commissioning in 2024, the plants will benefit from an innovative financing structure, thanks to the participation of UniCredit, BayernLB, and Siemens Financial Services through Siemens Bank.

Environmental impact and sustainable development

The four plants will have a considerable environmental impact, generating 172 GWh of clean electricity per year, enough to power 64,000 Italian homes. The project will also help reduce Italy’s CO2 emissions, offsetting 69,000 tonnes of CO2 annually, equivalent to the carbon sequestration capacity of 3,100 mature trees.

Enfinity Global’s expansion and strategy in Italy

In addition to these projects, Enfinity Global is currently developing four other projects in Italy, totalling 134 MW, in the province of Viterbo (Lazio). The company has already secured 165 million euros in financing for these projects. Julio Fournier Fisas, Enfinity Global’s CEO for Europe, underlines the company’s commitment to investing 3 billion euros over the next three years to increase its presence in the Italian market.

Commitment of Financial Partners

Financial partners UniCredit, BayernLB and Siemens Bank play a key role in the realization of these ambitious projects. Marco Bortoletti, Regional Director Lombardy at UniCredit, affirms the alignment of this project with the company’s ESG strategy, and its commitment to a low-carbon economy. Similarly, Karin Schramm, Head of Renewable Energy at BayernLB, and Siobhan Smyth, CEO of Siemens Bank GmbH, underline the importance of structured finance in promoting energy transition and supporting sustainable development.

The Enfinity Global Inc. in Italy is a perfect illustration of the growing importance of renewable energies in the global energy landscape. The project, supported by renowned financial partners, highlights the potential of strategic investments in green infrastructure to achieve the goals of reducing carbon emissions and promoting a sustainable economy.

  • Popular on energynews.pro
Serbia’s Pancevo refinery faces shutdown as US sanctions cut crude supply
Engie secures 280 MW battery storage contract in India for 2027
Schneider Electric establishes new North American headquarters at Boston’s Winthrop Center
Solar output overtakes natural gas in California during peak daytime hours
Woodside and East Timor target LNG production from Sunrise by 2032
Symphonics remotely controls solar plants to unlock new revenue streams
Symphonics enables photovoltaic operators to access RTE’s adjustment mechanism, offering new profitability in a context of slowdown in the solar sector in France.
Axpo commissions 200 MWp solar complex in northern Spain
Swiss group Axpo has completed a four-plant photovoltaic complex in León province, totalling 200 MWp of capacity, and is preparing its grid connection for early 2026.
Swift Solar and Plenitude launch industrial testing for tandem solar technology
Swift Solar begins a strategic collaboration with Plenitude to test its tandem perovskite solar technology at industrial scale, targeting deployment in large-scale photovoltaic projects.
Sojitz develops 44 MW solar plant in Wakayama without public support
Sojitz plans to deliver a 44.2 MWDC solar plant in Wakayama by December 2027, funded outside the feed-in tariff scheme and aimed at direct power sale contracts.
US imposes 50% tariffs on Indian solar modules, disrupting export flows
US tariff measures shake up Indian solar module exports, exposing the industry to structural overcapacity risks and forcing New Delhi to redirect its industrial strategy.
SolarX secures €15mn in debt from Afrigreen for C&I projects in West Africa
SolarX secures €15mn in senior debt from Afrigreen to refinance solar commercial assets in four francophone countries, consolidating Franco-European financial presence in a strategic and growing market.
STMicroelectronics signs 15-year solar power deal with TSE in France
STMicroelectronics has signed a 15-year agreement with solar producer TSE to supply 780 GWh of electricity to its French sites starting in 2027.
Pakistan forecasts solar surplus on grid in key industrial areas by 2026
The rise of residential solar in Pakistan could push some industrial regions into net-negative grid demand as early as next year, prompting a revision of tariffs and liquefied natural gas import contracts.
Floating solar market to hit $84.9mn by 2032 driven by Asia and Europe
Global floating solar capacity exceeded 1.8 GW in 2024, driven by utility-scale projects in China, India, Japan and Europe, with sustained growth expected through 2032.
Cypress Creek secures financing for 505 MW solar project in Texas
Cypress Creek Renewables begins construction of the Hanson Solar project in Texas, backed by structured financing combining debt and equity, to support the ERCOT grid and supply Meta’s operations.
India’s solar industry enters critical phase of forced consolidation
Facing massive overcapacity, US tariff pressures and rapid technological change, India's solar module sector is preparing for major industrial restructuring dominated by a few integrated groups.
Econergy connects 52MW solar park in Poland under contract with Apple
Econergy has connected its 52MW solar project in Resko, Poland, to the grid, supported by a 19-year virtual power purchase agreement signed with Apple.
Green Growth and K2 convert a FIT solar plant to FIP with storage
Green Growth and K2 Holdings begin converting a solar park to an FIP scheme, including battery installation, to improve profitability in a region heavily affected by production curtailment.
Arevon launches $200mn solar plant construction in Illinois
Arevon Energy has initiated construction of its first utility-scale solar project in Illinois, with a 124-megawatt capacity and $200mn in private investment to support U.S. energy demand.
Neoen divests 760 MW of operational assets to Plenitude in France
French renewable energy producer Neoen has signed an agreement with Plenitude to sell 52 assets totalling 760 MW of capacity on the French market.
France: the government launches an observatory to monitor 1,600 agrivoltaic projects
A national tool led by ADEME lists agrivoltaic installations across France to support their regulatory oversight, as the sector sees rapid growth following the 2023 law.
VALOREM commits 500 hours of job inclusion on its solar park in Aveyron
The construction site of the future photovoltaic park in La Couvertoirade plans to hire four people in job inclusion, as part of a partnership between VALOREM and the Union Départementale des Structures d’Insertion par l’Activité Économique de l’Aveyron.
Abraxas begins Solar City works, Maldives’ first special economic zone project
Abraxas Power Corp. has launched land reclamation operations for Solar City, a 100-megawatt floating solar project in the Maldives, following environmental approval. The total zone investment exceeds USD187mn.
Astronergy and Alfa Solar invest $200mn in solar plant in Turkey
Alfa Solar and Astronergy Europe are partnering to build an integrated solar wafer and cell facility with 2.5 GW capacity in Balıkesir’s organised industrial zone.
Global renewable energy investment growth slows to 7.3% in 2024
Despite reaching a record $807bn in 2024, renewable energy investment growth slowed sharply, with funding heavily concentrated in advanced economies and China.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.