Enfinity Global has acquired a 400MW utility-scale solar portfolio in the US, consisting of 28 operational solar PV power plants in California, North Carolina and Idaho.
The portfolio reached COD within the last five years and holds long-term power purchase agreements with high-quality utility off-takers.
“Our long-term ownership business model allows us to partner with relevant investors, stakeholders and customers, aligning capabilities that create a zero-carbon future,” commented CEO of Enfinity Global Carlos Domenech.
“Our ability to deploy operational expertise across the entire renewables value chain, coupled with our international presence, translates into value creation for our investors and customers.”
CEO Americas of Enfinity Global Ricardo Diaz added: “This transaction represents a unique opportunity to acquire a high-quality, geographically diversified portfolio of operating assets. We believe the US market will continue to consolidate, allowing long-term asset owners to grow rapidly and benefit from efficiencies.
“We will continue to pursue further investment opportunities in the US with top-tier partners. Our purpose is to create a fully integrated platform with a complete suite of in-house development, financing, construction, operations and asset management capabilities. To this end I am happy to see that top talent shares our vision and culture and are joining us.”