Enfinity Global Funding, Investors & Competitors

Enfinity Global has raised $423M across 2 funding rounds, most recently a strategic investment round in July 2025.

Last Enfinity Global funding round

Strategic investment

Amount undisclosed · Jul 2025

Cumulative funding Enfinity Global raised

$423M

across 2 funding rounds

Key investors in Enfinity Global

Enfinity Global Overview

About Enfinity Global

Enfinity Global is a renewable energy company that develops and operates solar, wind, and energy storage assets. As of October 2023, it had 1 GW of operational assets globally and a 20 GW development pipeline, including 8 GW of energy storage, with a concentration of solar projects in Italy and the United States. The company's leadership team has more than $37 billion in financing experience and over 15 GW of developed and acquired solar and wind assets.


Founded

2005

HQ

United StatesMiami, FL

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Enfinity Global Funding History

Enfinity Global has raised a total of $423M across 2 funding rounds.

Enfinity Global's first fundraising round was a $423M undisclosed-stage round in September 2023. The most recent completed round was a strategic investment round in July 2025.

Enfinity Global funding rounds

Enfinity Global funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2025Strategic investmentState Oil Fund of Azerbaijan-The State Oil Fund of Azerbaijan agreed to acquire a 49% equity interest in a 402 MW portfolio of Italian solar photovoltaic plants from renewable energy developer Enfinity Global. The deal gives the sovereign wealth fund a minority position in the operating assets, with Enfinity Global retaining majority ownership.
Sep 2023Undisclosed stageIntermediate Capital Group (lead)$423MEnfinity Global is a renewable energy company focused on developing and operating solar, wind, and energy storage assets, with 1 GW of operational assets globally and a 20 GW development portfolio including 8 GW of energy storage as of October 2023. It positions itself as one of the fastest-growing independent power producers and a leading developer in Italy. The leadership team brings over $37 billion in financing experience and more than 15 GW of developed and acquired solar and wind assets. On September 6, 2023, Intermediate Capital Group (ICG) signed definitive agreements for a €400 million equity investment in Enfinity Global, with €300 million closing on October 25, 2023, following regulatory approval, and the remaining €100 million expected within a year. ICG Infra led the investment to fund Enfinity's near-term growth, business strategy execution, balance sheet strengthening, and acceleration of its project pipeline. No valuation, round size as stake percentage, revenue, ARR, EBITDA, or multiples were disclosed in announcements. The investment aligns with ICG's strategy in renewable energy in Europe and the US to support the net zero transition, involving long-term project build and operation alongside organic and inorganic expansion for Enfinity. ICG, a global alternative asset manager with $82.1 billion in assets, operates across private equity, debt, real assets, and credit. No traction metrics like revenue or EBITDA near the round date appear in sources, and no follow-on developments are detailed.

Who has invested in Enfinity Global?

2 investors have backed Enfinity Global across its funding rounds, including Intermediate Capital Group and State Oil Fund of Azerbaijan.

Lead investors include Intermediate Capital Group.


Enfinity Global Investors

Investors in Enfinity Global by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by Enfinity Global

Enfinity Global has acquired 1 company to date.

Last acquisition by Enfinity Global was on September 21st 2023. Enfinity Global acquired CS Energy for undisclosed valuation.


Latest Acquisitions by Enfinity Global

CS Energy
Description
CS Energy is a New York-headquartered EPC, operations and maintenance, and energy storage provider focused on utility-scale solar projects. The company has developed and installed more than 650 MW of solar capacity since 2004, partnering with independent power producers, utilities, and landowners nationwide. Majority-owned by Ares Infrastructure and Power Group with Conti Group holding a minority stake, CS Energy streamlines development through established supplier networks. Its portfolio spans 15 states, including ground-mounted arrays and rooftop systems for commercial clients.
HQ CountryUnited States
HQ City
Edison, NJ
Deal Date21 Sep 2023
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Enfinity Global Competitors

Enfinity Global competitors include listed companies like Iberdrola, China Yangtze Power, Constellation Energy and Vistra, and private ones like Adani New Industries and Helion Energy.

Public and private companies comparable to Enfinity Global
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
IberdrolaSpainSpainPublicly listed$51B$17B$158B4.3x
China Yangtze PowerChinaChinaPublicly listed$13B$11B$104B11.3x
Constellation EnergyUnited StatesUnited StatesPublicly listed$26B$5B$93B3.8x
Adani New IndustriesIndiaAhmedabadPrivate--$50B-
VistraUnited StatesUnited StatesPublicly listed$18B$5B$48B3.3x
Helion EnergyUnited StatesSeattle, WAPrivate--$16B-

Enfinity Global Public Comps

Enfinity Global is still privately-owned, but its public comps include Aramco, ExxonMobil, Chevron, PetroChina, Shell, GE Vernova, TotalEnergies, NextEra Energy, ConocoPhillips and Iberdrola.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Aramco$446B$213B3.9x3.7x8.2x7.1x
ExxonMobil$324B$68B2.2x1.8x10.5x8.0x
Chevron$184B$41B2.4x2.0x10.8x7.2x
PetroChina$427B$70B0.8x0.7x4.7x4.4x
Shell$267B$55B1.2x1.0x5.8x4.5x
GE Vernova$38B$3.2B6.2x5.4x73.5x43.5x
TotalEnergies$182B$38B1.3x1.2x6.3x5.0x
NextEra Energy$27B$16B10.5x9.6x17.9x16.2x

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Common questions about Enfinity Global

When was Enfinity Global founded?Enfinity Global was founded in 2005.
Where is Enfinity Global headquartered?Enfinity Global is headquartered in Miami, FL, United States.
Is Enfinity Global publicly listed?No, Enfinity Global is a private, VC-backed company.
How much funding has Enfinity Global raised?Enfinity Global has raised $423M across 2 funding rounds.
What was Enfinity Global's last funding round?Enfinity Global's last funding round was a strategic investment round in July 2025.
Who are Enfinity Global's investors?Enfinity Global's investors include State Oil Fund of Azerbaijan and Intermediate Capital Group.
Which companies are comparable to Enfinity Global?Companies comparable to Enfinity Global include Iberdrola, China Yangtze Power, Constellation Energy, Adani New Industries, Vistra and Helion Energy.
How many companies has Enfinity Global acquired?Enfinity Global has acquired 1 company, including CS Energy.

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