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- Enfinity Global
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
Intermediate Capital Group
State Oil Fund of Azerbaijan
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jul 2025 | Strategic investment | State 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 2023 | Undisclosed stage | Intermediate Capital Group (lead) | $423M | Enfinity 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Enfinity Global investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | Edison, NJ |
| Deal Date | 21 Sep 2023 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Enfinity Global acquisitions and their M&A valuation multiples. Start Free Trial | |
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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $51B | $17B | $158B | 4.3x | ||
| Publicly listed | $13B | $11B | $104B | 11.3x | ||
| Publicly listed | $26B | $5B | $93B | 3.8x | ||
| Private | - | - | $50B | - | ||
| Publicly listed | $18B | $5B | $48B | 3.3x | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $446B | $213B | 3.9x | 3.7x | 8.2x | 7.1x | |||
| $324B | $68B | 2.2x | 1.8x | 10.5x | 8.0x | |||
| $184B | $41B | 2.4x | 2.0x | 10.8x | 7.2x | |||
| $427B | $70B | 0.8x | 0.7x | 4.7x | 4.4x | |||
| $267B | $55B | 1.2x | 1.0x | 5.8x | 4.5x | |||
| $38B | $3.2B | 6.2x | 5.4x | 73.5x | 43.5x | |||
| $182B | $38B | 1.3x | 1.2x | 6.3x | 5.0x | |||
| $27B | $16B | 10.5x | 9.6x | 17.9x | 16.2x | |||
This data is available for Pro users. Sign up to see all Enfinity Global competitors and their valuation data. Start Free Trial | ||||||||
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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