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Eiffel Investment Group completed an €15m investment in GreenGo.

Synopsis

Eiffel Investment Group, an alternative investor and asset manager, completed an €15m investment in GreenGo, a utility-scale renewable energy company that specializes on solar, wind, storage, hydrogen, and hybrid solutions. Financial terms were not disclosed. “This transaction represents an important step forward for GreenGo and will allow us to implement our new growth strategy. We are thrilled to be embarking on a path of transformation from best-in-class developers to energy producers and being able to collaborate with important partners in the industry and the Italian and European financial system. We are grateful to Eiffel Essentiel for the renewed trust and the many synergies put in place to support the acceleration of GreenGo's growth," Giuseppe Mastropieri, GreenGo CEO.

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