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Announced

Completed

SoftBank Vision Fund 2 led a $174m Series C round in Enpal.

Financials

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Transaction Value£126m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

Venture Capital

Cross Border

Completed

Germany

photovoltaics

Private Equity

Minority

Friendly

Single Bidder

Renewable Energy Equipment

solar power

online platform

Synopsis

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SoftBank Vision Fund 2 led a $174m Series C round in Enpal, a solar energy company in Berlin, Germany. "Rising electricity prices and increasing demand mean renewable energy adoption is rapidly becoming mainstream. We believe Enpal offers customers an all-in-one solar solution, lowering the barriers to entry for consumers. It's great to be working with Mario and the Enpal team to make more households energy independent," Yanni Pipilis, SoftBank Managing Partner.

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