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					</table><p>Renewable energy company <a href="https://enfinity.global/" target="_blank" rel="noopener">Enfinity Global</a> has announced the acquisition of 546 MW of solar assets under development in Colorado, United States, from the engineering, procurement, and construction (EPC) firm <a href="https://csenergy.com/" target="_blank" rel="noopener">CS Energy</a>.</p>
<p>The acquisition encompasses three solar projects in Colorado, a region with a mandate to achieve 100% renewable energy by 2050.</p>
<p>The company said this portfolio complements Enfinity&#8217;s existing development presence in the Western Electricity Coordinating Council (<a href="https://www.wecc.org/Pages/home.aspx" target="_blank" rel="noopener">WECC</a>) region and will seamlessly integrate into the company&#8217;s in-house development processes and team.</p>
<p>Anticipated to generate recurrent an EBITDA of approximately $59 million per year, the acquired portfolio features investment-grade counterparties. Construction is expected to commence in the next two years, and once operational, it will generate 1,054 GWh of clean electricity annually.</p>
<p>Enfinity Global has a global portfolio of over 17 GW, including 7.3 GW of energy storage assets and 1 GW of operational assets. In the U.S., it manages a portfolio comprising 400 MW and 28 solar PV power projects across California, Idaho, and North Carolina, in addition to owning 6 GW of solar and storage assets in various stages of development across the country.</p>
<p>Over the past year, the company has secured $380 million in capital investment within the U.S.</p>
<p>Ricardo Díaz, CEO Americas of Enfinity Global, said, &#8220;We continue to acquire top-quality portfolios in some of the most promising markets in the U.S. to add and complement our 6 GW proprietary pipeline of projects. Our long-term ownership business model enables us to collaborate with significant investors, stakeholders, and customers, aligning our capabilities to create a zero-carbon future and benefit the communities in which we participate. We remain committed to developing additional projects in Colorado and across the nation.&#8221;</p>
<p>Eric Millard, Chief Commercial Officer of CS Energy, said,&#8221;We take great pride in developing high-quality utility-scale assets and are enthusiastic about our ongoing commitment to building a clean, sustainable future while nurturing valuable partnerships such as this one.&#8221;</p>
<p>Earlier in January, the company <a href="https://www.mercomindia.com/enfinity-global-acquires-400-mw-of-projects-in-the-us" target="_blank" rel="noopener">acquired</a> a 400 MW operational utility-scale solar portfolio to expand the company’s reach in the U.S.</p>
<p>Last November, Enfinity Global <a href="https://mercomindia.com/daily-news-wrap-up-enfinity-adds-solar-capacity-india/" target="_blank" rel="noopener">added</a> 205 MW of solar capacity in India with the interconnection of 135 MW projects in Maharashtra. The company acquired six projects from Rays Power Infra in Telangana and Karnataka.</p>
<p>The company also <a href="https://mercomindia.com/project-finance-brief-enfinity-global-solar-projects-japan/" target="_blank" rel="noopener">raised</a> $242 million in long-term financing for three solar projects in Japan totaling 70 MW last year.</p>


Enfinity Boosts Renewable Portfolio with 546 MW Solar Asset Acquisition in US

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