Infranity, one of the largest infrastructure debt investment specialists in Europe and part of Generali Investments, is delighted to have participated in a leading role together with a small club of institutional investors in the financing of €410m to support the expansion of MaxSolar, a leading German renewable energy developer and EPC service provider for solar PV systems.
The financing facility comprises an initial committed tranche of €165 million and includes a second tranche that will expand the size of the facility by an additional €245 million.
This investment will allow MaxSolar to accelerate its growth ambition to be a large independent power producer of renewable electricity with a target of installing 2 GW of solar PV and co-located storage projects in its core markets Germany and Austria over the next 5 years. The financing will enable MaxSolar to further deploy capital in project development activities, construction of projects, inorganic growth opportunities and to expand capabilities along the project development value chain. In total, MaxSolar has a current solar project pipeline of 6.5 GW.
Infranity, an active investor in the financing of the energy transition in Europe, has invested in 15 renewable energy transactions since the inception of the firm in 2018 for a total volume of c. €1.4bn representing an electricity production capacity in excess of 8 GW.
You can now read the full press release at the link below