US-based Enfinity Global Inc. secured €165 million (~$173.09 million) to develop three solar plants totaling 147 MW in Italy’s Lazio region, operational by 2026. The financing, led by ING and Rabobank, includes €114 million (~$119.59 million) in senior debt and €51 million (~$53.60 million) for VAT and LC facilities. The portfolio will cut 79,500 tons of carbon emissions annually, equal to removing 62,000 cars from Italian roads. Advisors for the deal included Albion, Gianni & Origoni, DWF, Astris Finance, Fichtner Italia, and Marsh.
Enfinity Global secured €165M for 147 MW solar in Italy
Enfinity Global, with ING and Rabobank, secured funding for solar projects in Lazio, cutting 79,500 tons of CO₂ yearly. (Image Credit/Source:Stocksnap/Pixabay)
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