ENVIRIA's Solar Revolution: BlackRock Invests €185M

March 3, 2024, 1:31 am
ENVIRIA
ENVIRIA
Location: Germany, Hesse, Frankfurt
Employees: 51-200
Founded date: 2017
Total raised: $223.55M
ENVIRIA, a Frankfurt-based energy solutions provider, secures over €185M from BlackRock to expand its decentralized solar projects across Germany. Founded in 2017, ENVIRIA offers companies easy access to renewable energy solutions, challenging traditional power plants and reducing dependence on fossil fuels. With a portfolio of 500 C&I solar projects and plans for 2,000 more, ENVIRIA aims to realize 1.7GW by 2029, driving a successful energy transition. BlackRock's investment signifies a strong commitment to infrastructure assets aligned with the energy transition, showcasing ENVIRIA's innovative approach to scalable renewable energy solutions.