Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, September 14 2021 - 21:15
AsiaNet
Enfinity Global and CarVal Investors Sign a $300 Million Facility
NEW YORK and MIAMI, Sept. 14, 2021 /PRNewswire-AsiaNet/ --

CarVal Investors, an established global alternative investment manager, and 
Enfinity Global Inc., a Renewable Energy and Services Platform, entered into a 
$300 million loan facility to fund the development of Enfinity's three 
Gigawatts of renewable energy projects.

The International Renewable Energy Agency (IRENA) estimates that a $131 
trillion investment will be required in order to achieve Net Zero CO2 emissions 
by 2050. This could mitigate a global temperature rise to 1.5 Degrees Celsius. 

Carlos Domenech, CEO of Enfinity Global, noted: "We are very pleased to have 
CarVal as a partner in our journey. Together we have designed a $300 million 
facility that aligns sustainable investment guidelines with the execution 
capabilities required to be a leader in the net zero carbon economy." 

"We are excited to support Enfinity Global's growth and leverage our combined 
expertise," said Jonathan Hunt, a managing director for CarVal Investors.

About Enfinity Global

Enfinity Global Inc., together with its subsidiaries, is a global renewable 
energy solutions platform focused on developing, financing, building, operating 
and owning renewable energy assets. With offices across US, Europe, and Asia, 
the company develops energy solutions to help achieve a zero-carbon footprint 
and enable a sustainable transition to a carbon-free economy worldwide. For 
more information about Enfinity Global, please visit: www.enfinity.global.

About CarVal Investors

CarVal Investors is an established global alternative investment manager 
focused on credit-intensive assets and market inefficiencies. Since 1987, 
CarVal's team has navigated through ever-changing credit market cycles, 
opportunistically investing $128 billion in 5,525 transactions across 82 
countries. Today, CarVal Investors has approximately $10 billion in assets 
under management in corporate securities, loan portfolios, structured credit 
and hard assets. www.carvalinvestors.com.

Source: Enfinity Global and CarVal Investors 
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