Enpal, a German green tech unicorn and leader in residential solar and heat pump solutions, has
secured a massive €1.1 billion in financing commitments.
This significant investment marks a major step forward in their mission to empower German homeowners with access to clean energy through its innovative financing model and integrated home energy solutions.
The €1.1 billion windfall comes from a strategic partnership with three prominent global investment banks: Barclays Europe, Bank of America, and Credit Agricole CIB. Each bank will manage separate ABS warehousing facilities, contributing over €1 billion in senior refinancing
commitments. Additionally, the Canadian pension fund manager CPP Investments joins the
alliance, providing a crucial €118 million in mezzanine debt, which helps optimise the overall capital structure.
https://techfundingnews.com/enpal-raises-e1-1b-in-debt-commitments-to-facilitate-german-solar-and-heat-pump-adoption/
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