EIG Partners and LBBW completed the €500m investment in PowerField.

EIG Partners, an American investment firm, and LBBW, a commercial banking company, completed the €500m investment in PowerField, a solar park developer. “We want to build the largest virtual power plant in Europe, in which we combine solar energy with storage in batteries and charging facilities for electric cars. We are proud that both EIG and LBBW have joined us and that we have found two partners who support our ambitions and want to help us achieve the sustainable energy transition,” Jean-Louis Bertholet, PowerField CEO.