Milan (Italy), 30 October 2025 – Enfinity Global, a leading renewable energy company, has signed an agreement with VW Kraftwerk GmbH, a subsidiary of the Volkswagen Group, for the supply of Guarantees of Origin (GOs) from its solar PV power plants in Italy.
The agreement covers the purchase of approximately 40 GWh of GOs per year over the next ten years, totaling 400 GWh. These GOs, sourced from Enfinity’s renewable energy assets in Italy, certify that an equivalent amount of electricity has been generated from renewable sources and fed into the grid. This makes a real contribution to reducing CO₂ emissions associated with the life cycle of electric vehicles.
“We are honored to support the Volkswagen Group as it transitions its electric vehicle fleet to be carbon neutral and in advancing the transformation of mobility across Europe,” said Carlos Domenech, CEO of Enfinity Global. “Enfinity is committed to being a long-term sponsor of innovative and scalable energy solutions — from 24×7 PPAs to Guarantees of Origin — that bring value to our customers.”
“Guarantees of Origin are a transparent and effective tool to promote renewable energy adoption and accelerate the energy transition,” added Julio Fournier Fisas, General Manager for Europe at Enfinity Global. “This collaboration is a strong example of how cross-sector partnerships can generate measurable environmental impact and drive progress toward climate neutrality in Europe.”
Through this deal, Enfinity Global reaffirms its role as a strategic partner for global companies seeking to integrate renewable energy solutions into their business models. The company is actively contributing to the decarbonization of industrial supply chains and to building a low-carbon, more resilient energy future. GOs not only certify the renewable origin of energy but also serve as a key element for ESG traceability and reporting, in line with European regulations and sustainability standards.
With a global presence and a pipeline of 37 GW, Enfinity Global is one of the leading players in the sector, offering integrated energy solutions for the decarbonization of industrial activities and advancing a circular economy. Enfinity is active in Italy, with a growing portfolio of solar PV power plants and battery energy storage systems exceeding 8.6 GW, making a significant contribution to the country’s decarbonization goals and energy security.
About Enfinity Global
Enfinity Global Inc., together with its subsidiaries, is a leading U.S.-based renewable energy and sustainability services company founded in 2019. The company owns a 37 GW portfolio of renewable energy and storage projects, including operational, under-construction, and development assets, with an additional 37 GW under negotiation across the U.S. With offices in the U.S., Europe, Japan, and India, Enfinity aims to contribute to a low-carbon economy. Enfinity’s leadership team is one of the most experienced global teams in renewables and brings over $41 billion of financing experience in the renewable energy sector with over 26 GW of developed and acquired solar and wind assets. www.enfinity.global / Follow Enfinity Global on LinkedIn
About VW Kraftwerk GmbH
The VW Kraftwerk GmbH is a 100% subsidiary of Volkswagen AG responsible for the planning, construction, and operation of energy generation and supply systems for the Volkswagen Group. Its scope of services includes the trade, supply, and contracting of different media, for example, such as electricity, gas, and heat. The company also provides specialized services to support renewable energy solutions and manage CO₂ reduction and neutralization within the Volkswagen Group. Through its comprehensive energy services, VW Kraftwerk GmbH plays a crucial role in driving the Volkswagen Group sustainability goals and ensuring efficient, environmentally friendly energy management across its operations.
Important Notice
This press release contains projections and pro forma financial information based upon assumptions that are inherently uncertain and unpredictable. Actual results may differ materially from those discussed in, or implied by, the statements in this press release. This press release and any projections or pro forma information contained herein represent only our management’s current estimates as of the date of this release and have not been subject to independent audit. We assume no duty to update the information contained in this press release. We make no representation or warranty as to the accuracy or completeness of the information contained in this press release. Unless otherwise specified, all greenhouse gas or carbon offsets or equivalencies are based on the United States Environmental Protection Agency Greenhouse Gas Equivalencies Calculator.
