Enfinity Global Inc., a leading renewable energy platform, has announced the expansion of its U.S. structured credit facility to $245 million, a move aimed at accelerating the development and construction of its 22 GW portfolio of utility-scale solar and energy storage assets across the country.
The enhanced facility builds on a $97 million arrangement initially signed with Nomura in July 2024, reaffirming a robust financing partnership. The expanded facility maintains an upsizing option of up to $400 million, providing financial flexibility to scale alongside Enfinity’s growing pipeline of clean energy projects.
Nomura acted as lead arranger for the asset-based credit facility. The financing attracted participation from top-tier institutional investors, including Copenhagen Infrastructure Partners (via its Green Credit Fund I), Generate Capital, HSBC Asset Management, and Versus Capital Infrastructure Income Fund.
“We are grateful for the trust of our investment partners as we scale our renewable energy footprint in the U.S.,” said Carlos Domenech, CEO of Enfinity Global. “Our long-term commitment to owning and operating clean energy assets ensures reliability for our customers and investors alike.”
Proceeds from the facility will be deployed toward development-stage and ready-to-build projects, supporting construction equity, equipment procurement, letters of credit, and final-stage development funding.
Ricardo Diaz, General Manager for Americas and Global Head of Capital at Enfinity, added, “This transaction supports our ambitious growth trajectory and further validates our in-house developed, high-quality project pipeline.”
Nomura’s Global Head of Infrastructure & Power Business, Vinod Mukani, commented on delivering tailored financing solutions that empower Enfinity’s U.S. expansion. Legal counsel was provided by McDermott Will & Emery for Enfinity and Norton Rose Fulbright for the lenders.
