PR91633

NEW YORK and MIAMI, Sept. 14, 2021 /PRNewswire=KYODO JBN/ --

CarVal Investors, an established global alternative investment manager, and

Enfinity Global Inc., a Renewable Energy and Services Platform, entered into a

$300 million loan facility to fund the development of Enfinity's three

Gigawatts of renewable energy projects.

The International Renewable Energy Agency (IRENA) estimates that a $131

trillion investment will be required in order to achieve Net Zero CO2 emissions

by 2050. This could mitigate a global temperature rise to 1.5 Degrees Celsius.

Carlos Domenech, CEO of Enfinity Global, noted: "We are very pleased to have

CarVal as a partner in our journey. Together we have designed a $300 million

facility that aligns sustainable investment guidelines with the execution

capabilities required to be a leader in the net zero carbon economy."

"We are excited to support Enfinity Global's growth and leverage our combined

expertise," said Jonathan Hunt, a managing director for CarVal Investors.

About Enfinity Global

Enfinity Global Inc., together with its subsidiaries, is a global renewable

energy solutions platform focused on developing, financing, building, operating

and owning renewable energy assets. With offices across US, Europe, and Asia,

the company develops energy solutions to help achieve a zero-carbon footprint

and enable a sustainable transition to a carbon-free economy worldwide. For

more information about Enfinity Global, please visit: www.enfinity.global.

About CarVal Investors

CarVal Investors is an established global alternative investment manager

focused on credit-intensive assets and market inefficiencies. Since 1987,

CarVal's team has navigated through ever-changing credit market cycles,

opportunistically investing $128 billion in 5,525 transactions across 82

countries. Today, CarVal Investors has approximately $10 billion in assets

under management in corporate securities, loan portfolios, structured credit

and hard assets. www.carvalinvestors.com.

Source: Enfinity Global and CarVal Investors