Enpal raises €1.1B in debt commitments to facilitate German solar and heat pump adoption.
03/21/24, 12:10 PM
Money raised
€1.1 billion
Investors
Cpp Investments, Credit Agricole Cib, Bank Of America, Barclays Europe
Enpal, a German green tech unicorn, has secured a massive €1.1 billion in financing commitments from a strategic partnership with three prominent global investment banks: Barclays Europe, Bank of America, and Credit Agricole CIB, as well as the Canadian pension fund manager CPP Investments. The funding will accelerate the rollout of its comprehensive home energy offering, including solar panels, heat pumps, energy storage systems, and EV charging stations.