Enfinity Global, a leader in renewable energy, announced a $164 million (JPY 26.24 billion) financing for 250 MW solar PV portfolio in Japan.
Enfinity Global arranged the financing in partnership with Macquarie Capital and a syndicate led by Shinhan Asset Management.
Enfinity Global’s solar project in Japan consists of seven operating utility-scale solar projects, one project under construction, and has an enterprise value of over $1 billion. The portfolio is expected to produce more than 300 GWh of clean energy annually, enough to power 60,000 Japanese homes and offset 35,000 tons of CO2 emissions.
Carlos Domenech, CEO of Enfinity Global, said: “Japan’s energy transition needs world-class companies that invest in these high-quality long-lived assets and support emerging energy needs such as those driven by data centers.”