Finance

Enfinity Global raises $113m for Italian, UK battery portfolio

The Miami-based developer has secured bond finance from France’s Eiffel Investment Group for battery energy storage system (BESS) projects. Enfinity has a 5.1 GW Italian and 1.3 GW UK BESS pipeline.

By

Sergio Matalucci

May 21, 2025

US developer Enfinity Global has secured an investment of up to €100 million ($113 million) from four of Paris-based Eiffel Investment’s funding vehicles into bonds issued by Enfinity to back European energy storage and solar development.

“Enfinity Global has raised a total of €865 million for Europe [-based projects] across multiple senior and junior financing deals,” the Miami-based developer wrote. “The company is among the top 10 independent power producers in Italy by installed capacity, with 232 MW of operational capacity, 538 MW under construction, and 805 MW of approved solar projects. Enfinity is also a leader in the Italian solar PPA [power purchase agreement] market, having signed up a third of new contracted capacity in 2024.”

The Eiffel Investment cash is the first package raised by Enfinity for its European BESS portfolio. The developer claims a 6.4 GW BESS pipeline, of which 5.1 GW is in Italy and 1.3 GW in the United Kingdom.

“Storage is a strategic pillar for Enfinity, which aims to provide 24/7 renewable energy solutions to industrial and corporate customers while contributing to the resilience of electricity grids,” the Floridian company said.

From pv magazine Italia.

Written by

Sergio Matalucci
View author posts

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Grid-scale

Crypto miner among clients of 880 MWh+ of Texan energy storage capacity Battery maker SES AI Corp. will supply up to 100 MWh of its battery energy storage systems (BESS) to energy retailer Aispex, and Enfinity Global has revealed plans for 850 MWh of BESS capacity across two other Texan sites.

Jan 31, 2025

Policy

Global Battery Alliance launches Battery Passport pilots The Global Battery Alliance (GBA) has just launched the second wave of its Battery Passport pilots, which includes 11 pilot consortia. This second wave will establish the Minimum Viable Product of the GBA Battery Passport with a product-level ESG (Environment, Social, Governance) score.

Jun 21, 2024

Manufacturing

Natron Energy to build gigawatt-scale sodium-ion battery plant in North Carolina The new planned manufacturing facility will produce 24 GW of Natron’s sodium-ion batteries annually. Natron says its batteries outperform lithium-ion batteries in power density and recharging speed, do not require lithium, cobalt, copper, or nickel, and are non-flammable. The plant will be the first double-digit GW sodium-ion plant in the USA.

Aug 16, 2024

Manufacturing

EU expects battery pack price of less than $100/kWh by 2026/27 The prediction was included in the "Battery technology in the European Union: 2024 status report on technological development, trends, value chains and markets" report, by the EU Clean Energy Technology Observatory (CETO).

Pilar Sanchez Molina

Nov 26, 2024

Second-life batteries

Vision Mechatronics launches India’s first high-voltage second-life battery Vision Mechatronics has partnered with JSW MG Motors India to repurpose retired MG ZS EV batteries for industrial use. The initial deployment of the battery is in a Pune-based facility. It uses six modules from MG ZS EV batteries and is paired with an industrial UPS to deliver 36 kW of power.

Oct 11, 2024

na-ion

Sodium-ion batteries

New sodium-ion developments from CATL, BYD, Huawei Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.

Nov 28, 2024

This website uses cookies to anonymously count visitor numbers. View our privacy policy.