Enfinity announces that it will undertake a two-stage capital increase equalling 45 million Euro. This input of fresh capital will allow Enfinity to continue its ambitious growth plans. A solid capital base is thus secured for the development of renewable energy projects, but even more importantly, the recently established Enfinity Power business unit will be able to develop into an independent electricity producer and to generate a new, continuous source of income for the entire group.

Enfinity has a strategic collaboration agreement with the Indian conglomerate Videcon Industries, active in consumer electronics, Home Applicances, Oil & Gas and Power Plants, to develop large scale Indian projects in solar energy.