Enfinity Expands US Credit Facility To Back 22 GW RE Projects

Enfinity Expands US Credit Facility To Back 22 GW RE Projects

Enfinity Global Inc, a renewable energy company, said it has expanded its structured credit facility in the United States to $245 million as part of a broader financing strategy to support its 22 gigawatt (GW) pipeline of solar and energy storage projects.

The asset-based facility, initially signed in July 2024 for $97 million, was led by Japan’s Nomura and includes participation from global institutional investors such as Copenhagen Infrastructure Partners (CIP) through its Green Credit Fund I, Generate Capital, HSBC Asset Management, and Versus Capital Infrastructure Income Fund.

“This transaction reinforces our long-term commitment to developing reliable clean energy assets in the U.S.,” said Carlos Domenech, CEO of Enfinity Global. “With this facility, we will be able to accelerate the delivery of low-cost renewable power and help meet rising demand for grid capacity.”

The expanded credit line, which retains an option to scale up to $400 million, will finance both equity and pre-construction capital needs — including equipment procurement, letters of credit, and final-stage development — for Enfinity’s U.S. portfolio.

Enfinity operates as a long-term owner and operator of renewable assets and aims to support its investor base through the lifecycle of its power plants. The company’s pipeline includes ready-to-build and development-stage projects across key U.S. markets.

“We are excited to continue supporting Enfinity’s deployment of large-scale clean energy,” said Ricardo Diaz, General Manager for the Americas and Global Head of Capital at Enfinity. “This flexible facility strengthens our ability to scale efficiently with a trusted group of financial partners.”

Nomura, which structured the facility, said its tailored approach helps operators like Enfinity scale while supporting the energy transition.

“Enfinity has expanded its U.S. pipeline rapidly. This facility reflects our commitment to delivering innovative financing for critical infrastructure,” said Vinod Mukani, Global Head of Nomura’s Infrastructure & Power Business.