Spain-based renewable energy company Enfinity Global announced the acquisition of a 250 MW solar PV portfolio in Japan with an enterprise value of $1 billion. This acquisition consolidates Enfinity Global’s platform in Japan and positions the company for further expansion in the country. The acquisition includes three operational large-scale solar projects and five projects currently under construction throughout Japan. The operational projects currently total 70 MW, and 180 MW are under construction, with 80 MW planned to reach operations in 2022 and 100 MW in 2023.