Wells Fargo, Enfinity Kick Off $100 Million Solar Fund

Law360, New York (January 26, 2012, 6:34 PM EST) -- European renewable energy developer Enfinity NV's North American unit has launched a $100 million renewable energy fund backed by financial giant Wells Fargo & Co., the firms said Wednesday.

Enfinity expects to use the financing to fund multiple solar photovoltaic projects and support the company's expanding pipeline of distributed generation and utility-scale projects in the U.S.

“Our continued commitment to the U.S. solar market is a reflection of the opportunity Wells Fargo sees in this growing sector,” Barry Neal, head of Wells Fargo’s environmental finance group,...
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