Enfin, a Bloemfontein, South Africa-based solar financing solutions provider serving commercial and industrial clients across the country, received a majority investment from Adenia Partners.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Led by Werner Loftus, CEO, Enfin backs smart businesses, farms, sectional titles, and schools who are seeking cheaper, cleaner and more sustainable energy sources that are less reliant on power from the grid. The firm funds, maintains and insures solar solutions, enabling clients to achieve their sustainability goals with no risk and no need for capital expenditure. It aims to own, build, and operate more than 100MW of solar assets over the next five years, with potential to avoid more than 200,000 metric tons of CO2 emissions per year.
FinSMEs
10/10/2023