Project Finance Brief: Enfinity Secures $195 Million for 70 MW Solar Project
Globeleq acquires 48.3% stake in 25 MW solar project in Egypt
May 2, 2024
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Enfinity Global, a renewable energy project developer, secured $195 million in long-term project financing for a 70 MW solar project in Japan. Nomura Securities International, a financial institution, acted as the initial lead arranger/sole bookrunner, and Aozora Bank, a Japanese commercial bank, acted as the lead arranger/agent. The project is located in Aomori Prefecture in northern Japan. It was recently completed and is expected to produce more than 75 GWh of clean energy annually.
