Deal In Brief
Enen Endless Energy GmbH (Enen), a solar energy company, has agreed to raise funds in crowdfunding
Enen through this funding aims to finance two ground-mounted solar parks of 33 MWp and of 11 MWp which should be built in the Zarnewanz municipality near the city of Rostock. Both projects are in the planning stage and are expected to be shovel-ready within four years
The marketing campaign runs on the crowdfunding platform Wiwin GmbH. The rate of interest stands at 6%.
|Deal Type ||Venture Finance |
|Sub-Category ||Growth Capital/Expansion |
|Deal Status ||Announced: 2022-05-10 |
|Target (Company) ||Enen Endless Energy GmbH |
|Acquirer (Company) ||Undisclosed Company |
The company intends to use the proceeds for financing for the development of two solar projects in northern Germany with a combined output of 44 MWp.
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