Enfinity Global, a renewable energy leader, announced the closing of a $97 million structured credit facility with Nomura, a global financial institution.
The credit facility will provide financing for the development, construction, and refinancing of Enfinity’s 608 MW portfolio of solar assets in the CAISO, WECC, and SERC markets.
The facility includes the possibility of an upsize to $400 million, aimed at advancing Enfinity’s U.S. development and construction projects.
Enfinity Global has a current U.S. portfolio of 14.8 GW of solar PV and energy storage, with plans for an additional 33 GW under negotiation. The company expects to have over 1 GW of operational and under-construction solar and storage assets within the next year.
Nomura has been a key financing partner, supporting Enfinity’s growth in both the U.S. and Japan. Enfinity’s CEO, Carlos Domenech, praised Nomura for providing flexible capital solutions, while Nomura’s leadership reaffirmed its commitment to supporting renewable energy projects.