German solar startup Enpal secures €855M as solar energy demand soars

Image credits: EnpalBerlin-based Enpal, a solar startup, announced on Wednesday, December 14, that it has secured €855M in new debt funding, marking the largest residential solar debt fundraising in Europe. Out of the total, a debt commitment of €585M was provided by BlackRock Alternatives, ING, Pricoa Private Capital (the private capital business of PGIM), and UniCredit.  How to improve your open source security?Follow these three steps and get on the path to stronger security practices.Show MoreFollow these three steps and get on the path to stronger security practices.Show Less€150M came through two ancillary working capital facilities provided by ING. The remaining €120M was provided by Infranity, a Generali-affiliate, in the form of a Holdco loan. This transaction increases Enpal’s overall refinancing commitments to around €1.4B.The German company says it will…

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