Enfinity Global Sells Minority Stake in 400 MW Solar Project Portfolio
This transaction will boost Enfinity's expansion in the U.S., where the company plans to execute its 11.3 GW proprietary pipeline of projects
October 30, 2023
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Enfinity Global, a renewable energy company, has agreed to sell a minority stake in its 400 MW operating solar projects portfolio in the U.S. to Kyushu Electric, a Japan-based utility company. Upon completion of the deal, Kyushu Electric will hold a 40% equity interest in the portfolio. Enfinity Global will retain a 60% equity interest and will be the long-term asset manager of the portfolio.
