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New Deal


Announced

Completed

TPG led a $215m Series D funding round in Enpal.

Financials

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Transaction Value£176m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Cross Border

Friendly

Minority

solar power

online platform

Renewable Energy Equipment

Germany

photovoltaics

Completed

Private

Acquisition

Private Equity

Single Bidder

Synopsis

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TPG, a private equity firm, led a $215m Series D funding round in Enpal, a company that provides solar panels, with participation from Westly Group, Activate Capital, HV Capital, European Investment Bank, SoftBank Vision Fund 2 Capital and Princeville Capital. “Fighting climate change is the greatest challenge of the 21st century. We want to help tackle this global issue by putting solar panels on every roof, a battery into every home, and an electric vehicle with a charger in front of every door. We are thrilled to have high-profile global cleantech investors on board to support our mission to make clean energy simple, affordable, and accessible for every household. By joining forces, we can multiply our efforts to reduce carbon emissions and we will pave the way towards a more sustainable society," Mario Kohle, Enpal Founder and CEO.

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