#USA #Miami #Energy Storage #Enfinity Global #Daiwa Energy

Enfinity Global's Strategic Move into Energy Storage Market

Enfinity Global Inc., a prominent player in the renewable energy sector, has recently made a significant announcement regarding its strategic partnership with Daiwa Energy Infrastructure Ltd. This deal involves the sale of a minority stake in two substantial energy storage projects (Battery Energy Storage Systems - BESS) with a combined capacity of 380 MW, located in the United States and Italy.

Details of the Agreement

On June 4, 2025, Enfinity Global disclosed that Daiwa Energy Infrastructure, part of the Daiwa Securities Group Inc., has acquired approximately 49% of both projects. Enfinity has retained around 51% ownership, and it will continue to oversee the development, construction, and long-term operational management of these projects.

Project Specifications

The first project, situated in the Houston area of the ERCOT market in the US, features a 250 MW capacity with a two-hour discharge duration, totaling 500 MWh of energy. The second project, located in the Veneto region of Italy, has a capacity of 130 MW and a four-hour discharge duration, amounting to 520 MWh. Both projects are slated to become operational by 2027.

Strengthening Energy Resilience

This collaboration aims to fortify the grid's resilience and meet the rising energy demands from sectors like data centers, artificial intelligence, and industrial electrification in both the US and Italy.

Carlos Domenech, CEO of Enfinity Global, emphasized the importance of this partnership, stating, "It is an honor to partner with Daiwa Energy Infrastructure, one of Japan's leading financial institutions, to bring new investments to the US and Italy. This mutually beneficial agreement represents a model for strengthening grid capacity while accelerating the deployment of clean, reliable energy for our clients and providing attractive cross-border capital investment returns."

Jun Hayakawa, Vice President of Daiwa Energy Infrastructure, shared his insights on the current favorable conditions for global energy storage driven by increasing renewable generation capacity and robust demand from data centers. He noted that this alliance marks a significant step for DEI in expanding its global portfolio of renewables and storage. Assertively, he described Enfinity Global as an exceptional partner well-positioned to leverage rapidly growing markets in renewables and energy storage worldwide.

Attracting Long-Term Investors

Ricardo Díaz, Global Capital Director at Enfinity Global, underlined the strategic importance of attracting like-minded, long-term investors such as Daiwa Energy Infrastructure into their global portfolios. He asserted that incorporating such capital partners is crucial for accelerating growth and optimizing investment returns.

Enfinity Global, an Independent Power Producer (IPP) based in the US, is experiencing rapid growth with a diverse global portfolio of 35.5 GW, which includes 20.9 GW of solar and wind projects and 14.6 GW of BESS systems. Currently, the company operates 1.1 GW of assets, with an additional 1.2 GW under construction.

Legal Framework of the Deal

For this transaction, Enfinity was legally advised by Winston & Strawn and DLA Piper. Simultaneously, Daiwa Energy Infrastructure received counsel from Orrick Herrington Sutcliffe, Ensight Energy Consulting, and Ernst & Young.

This strategic partnership between Enfinity Global and Daiwa Energy Infrastructure not only enhances project funding but also emphasizes the growing emphasis on renewable energy solutions. The collaboration serves as a strong testament to the increasing global interest in energy storage systems and their pivotal role in supporting sustainable energy infrastructure.