Adenia Partners acquires majority stake in South Africa's Enfin

Adenia Partners has completed a majority investment in Enfin, a solar financing solutions provider serving commercial and industrial clients across South Africa, as the first investment from its fifth flagship fund Adenia V.

Enfin funds, maintains and insures solar solutions. It aims to own, build, and operate more than 100MW of solar assets over the next five years.

Florent de Boissieu, partner at Adenia said, ”Enfin’s vision to fund a better future, based on the triple bottom line paradigm of people, planet and profit, aligns perfectly with our long-proven strategy to create sustainable impact while delivering financial returns. We look forward to working with Werner and the rest of the Enfin team to provide more South African businesses with energy savings and preserved capital – and as a result greater freedom to achieve their growth potential at this critical economic and environmental juncture.”

Werner Loftus, CEO of Enfin commented, ”We are thrilled to join forces with Adenia Partners, whose track record in sustainable investing speaks for itself. With Adenia’s support and guidance, we will be able to accelerate the reach of our funding solutions that support full independence from unreliable grid energy. Specifically, we will look to better support the commercial and industrial sectors that are most impacted by the current energy crisis, reducing their coal dependance and enhancing their long-term sustainability.”

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