MIAMI, June 4, 2025 — Enfinity Global Inc., a prominent renewable energy firm, has divested roughly 49% minority stakes in two significant battery energy storage system (BESS) ventures, totaling 380 MW, to Daiwa Energy & Infrastructure Ltd. (DEI). DEI is the alternative asset management division of Daiwa Securities Group Inc., a leading financial institution based in Japan. Enfinity Global maintains approximately 51% controlling interest and will oversee the completion of development and construction, in addition to managing both projects as the long-term asset manager.

The first project, situated in the USA within ERCOT’s Houston zone, is a 250 MW BESS featuring a two-hour duration and a 500 MWh capacity. The second project, located in the Veneto region of Italy, is a 130 MW BESS offering a four-hour duration and 520 MWh capacity. Both projects are anticipated to be operational by 2027.

The global partnership between Enfinity and Daiwa concerning these two projects is poised to enhance grid stability and address the increasing power demands from data centers, artificial intelligence, and industrial electrification in both the USA and Italy.

“We are delighted to be collaborating with Daiwa Energy & Infrastructure, a leading Japanese financial institution, to introduce fresh investments to the USA and Italy,” stated Carlos Domenech, CEO of Enfinity Global. “This mutually beneficial outcome establishes a clear case study, strengthening grid capabilities, expediting the provision of dependable, competitively priced clean energy to consumers, facilitating cross-border capital investments with appealing returns, and delivering optimal global solutions via long-term, responsible sponsors.”

“Given the current favorable conditions for energy storage globally, spurred by growing renewable energy generation and strong electricity demand from data centers, we see this partnership as a crucial step for DEI to further broaden its renewables and storage portfolio internationally. Enfinity Global is an excellent partner, well-positioned to leverage the rapidly expanding renewables and energy storage markets worldwide,” noted Jun Hayakawa, Deputy President of DEI.

“We are happy to welcome Daiwa Energy & Infrastructure as a capital partner in our BESS projects in the US and Italy. Integrating long-term investors with similar perspectives as shareholders in our global portfolios is key to our capital formation strategy, enabling us to accelerate growth and optimize returns,” explained Ricardo Diaz, Global Head of Capital of Enfinity Global and General Manager for Americas.

Enfinity Global is a rapidly expanding U.S.-based independent power producer (IPP) boasting a globally diverse portfolio of 35.5 GW, encompassing 20.9 GW of solar and wind projects and 14.6 GW of battery energy storage systems (BESS). The company currently possesses 1.1 GW of operational assets and an additional 1.2 GW under construction.

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

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