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Wells Fargo and Enfinity Announce $100 Million Solar Fund

01/31/2012

Clean Edge News

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Wells Fargo & Company and Enfinity America Corporation, a North America solar energy company focused on commercial, municipal, educational and utility-scale customers, announced a joint program through which Wells Fargo will provide up to $100 million for solar photovoltaic projects developed by Enfinity. Financing provided by Wells Fargo will enable Enfinity to provide a clean source of electricity to its customers and support its pipeline of distributed generation and utility-scale projects throughout the United States.


Atlanta-based Enfinity America Corporation is active throughout North America, with projects ranging from a 33 MW PV solar farm in Ontario, a range of distributed generation projects in California, and its recent acquisition of a 9.8 MW PV installation at a blue-chip manufacturing facility in Ohio. Enfinity has 250 MW of renewable energy installed and operational worldwide. Wells Fargo has invested $2.7 billion in over 300 renewable energy projects in 27 states since 2006.