Enfinity Global Inc., a leading renewable energy company, has announced the expansion of its structured credit facility in the United States to $245 million. This increased financing is part of Enfinity’s broader strategy to secure long-term capital for the development, construction, and operation of its 22 gigawatt (GW) utility-scale solar and energy storage portfolio across the country.

The asset-based credit facility was lead-arranged by Nomura and includes participation from several prominent institutional investors. These include Copenhagen Infrastructure Partners through its Green Credit Fund I (CI GCF I), Generate Capital, HSBC Asset Management, and Versus Capital Infrastructure Income Fund. The facility provides flexible financing options tailored to support Enfinity’s growing pipeline of clean energy projects.

Carlos Domenech, CEO of Enfinity Global, stated, “We are grateful for the investments and relationships with Nomura, CIP, HSBC Asset Management, Generate Capital, and Versus Capital Infrastructure Income Fund as we scale our renewable energy portfolio. U.S. customers need cost-competitive energy and innovative solutions to support their growth, and renewable energy is the fastest and most effective way to bring new capacity online to meet that demand. As long-term owner-operators, we stand behind our power plants alongside our investment partners, ensuring their reliability throughout the entire lifecycle, as we meet our customers’ evolving needs.”

Ricardo Diaz, General Manager for Americas of Enfinity Global and Global Head of Capital, mentioned, “We are pleased to partner with top-tier financial institutions to support Enfinity as we continue to materialize successful deployment of large-scale clean energy assets in the U.S. We look forward to continuing the ambitious growth trajectory by tailoring innovative financing solutions at scale with trusted long-term relationships to support our proprietary, in-house developed, high-quality and diversified portfolio”.

Vinod Mukani, Global Head of Nomura Infrastructure & Power Business, said, “Enfinity Global has been very successful in expanding its U.S. development pipeline. Leveraging our deep expertise in the sector, we successfully provided a tailored financing solution that will enable Enfinity Global to grow its US business.”

Alain Halimi, Managing Director, Nomura IPB, also added, “We look forward to expanding our partnership with Enfinity Global with the upsize of its enhanced credit facilities. Delivering customized financing structures and supporting best-in-class operators like Enfinity Global, which provides critical decarbonization and grid stabilization infrastructure, is a cornerstone of our business.”

This latest transaction builds on a previous $97 million credit facility signed with Nomura in July 2024. The initial agreement included an option to increase the facility size up to $400 million, allowing room for future growth in line with Enfinity’s project pipeline. The proceeds from this expanded facility will be used to fund a range of project needs, including construction equity, equipment procurement, letters of credit, and final-stage development activities for projects that are ready to build or under development. Enfinity was advised by McDermott Will & Emery as legal counsel for this transaction, while Norton Rose Fulbright represented the lenders. The deal further strengthens the company’s financial foundation as it continues to scale renewable energy infrastructure across the United States.