Enfinity Global Inc., an international energy project developer, has finalised a bond issuance of up to €100mn ($108.4mn) provided by Eiffel Investment Group to support its portfolio of solar photovoltaic and energy storage systems across the European continent. This transaction marks the company’s first financing specifically dedicated to its energy storage operations in Europe.
The facility was structured by Eiffel Investment Group, an asset management firm focused on sustainable investments, through four of its investment vehicles. This initiative aims to strengthen Enfinity’s position in strategic markets, notably in Italy where the company is currently developing 5.1 GW of battery energy storage capacity, and in the United Kingdom with an additional 1.3 GW.
Installed capacities and projects under development
Enfinity Global currently operates 232 MW of solar capacity in Italy, with a further 538 MW under construction and 805 MW of approved projects. The company ranks among the top ten independent power producers in the country. It is also a market leader in Italy’s solar power purchase agreement (PPA) segment, having signed one-third of all new capacity contracted in 2024.
According to available data, Enfinity has already secured €865mn ($937.4mn) for its European projects, combining both junior and senior debt facilities. This new agreement with Eiffel forms part of a broader strategy to establish around-the-clock renewable electricity production tailored to industrial demand.
Positioning of financial partners
Pierre-Antoine Machelon, Head of Infrastructure Funds at Eiffel Investment Group, stated that the transaction reflects their aim to structure tailor-made solutions for key industry players. Jean-Charles Arrago, Head of Infrastructure Debt Strategy, noted that the facility would accelerate the rollout of continuous renewable electricity generation in Italy.
Julio Fournier Fisas, General Manager Europe at Enfinity, said the operation aligns with a regional expansion strategy, leveraging internal expertise to meet increasing demand for low-cost and reliable energy.
Carlos Domenech, Chief Executive Officer of Enfinity Global, highlighted that the bond facility represents a key milestone in the development of competitive energy solutions, supported by partners capable of backing innovative business models.