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Enpal Secures Over EUR 5 Billion in Financing for Solar and Energy Solutions

Credit: Enpal

German solutions provider has secured more than EUR 5 billion in asset financing commitments, facilitating the installation of solar panels, heat pumps, batteries, chargers, and smart metre gateways in private homes across .

The financing milestone, achieved ahead of schedule, is part of Enpal's broader goal to raise EUR 10 billion by 2027.

The EUR 5 billion in commitments will enable the installation of over 500,000 energy systems, bringing 3 GW of energy to the grid and saving one million tons of carbon dioxide annually in , according to chief investment officer Viktor Wingert.

Founded in 2017, Enpal initially sold solar hardware directly to consumers. However, the company shifted to a financing model due to high upfront costs, allowing homeowners to avoid the initial investment while paying for the systems through regular instalments.

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