BERLIN, Sept. 23, 2021 /PRNewswire/ -- Governments and companies will need to invest at least $92 trillion by 2050 in order to cut emissions fast enough to prevent the worst effects of climate change, according to a recent analysis by Bloomberg. More and more financial institutions are therefore promoting investments and funding in green energy.
- - Enpal has raised 345 million of committed debt from funds and accounts managed by BlackRock, Pricoa Private Capital, UniCredit and other institutional investors.
- - Enpal is a fast-growing green tech company in Germany that recently secured a 100 million equity investment from several investors including HV Capital and SolarCity co-founder Peter Rive.
- In addition, further institutional commitments of 70 million were signed in the form of a subordinated mezzanine loan.
- "We are very excited to collaborate with leading international players like BlackRock, Pricoa Private Capital and UniCredit," said Enpal founder and CEO Mario Kohle.