Enpal’s €130 Million Series C Financing Round

White & Case has advised Enpal GmbH in the transaction while Morrison & Foerster represented SoftBank Vision Fund II.

Solar industry start-up Enpal GmbH (Enpal) closed its €130 million Series C financing from SoftBank Vision Fund 2.

Berlin-based Enpal builds and rents solar solutions for private households. With the closing of the financing round, in relation to which its articles of association and shareholders’ agreement were comprehensively amended, Enpal becomes one of Germany’s most highly valued solar companies and the country’s first green unicorn.

The White & Case team in Germany that advised on the transactions was co-led by partner Andreas Lischka (Picture) and local partner Sebastian Pitz and included partner Gernot Wagner and associates Heinrich Nemeczek, Agmal Bahrami, Gürkan Akbaba, Markus Fischer and Anna Dold.

The MoFo team advising SoftBank Vision Fund II on the deal was led by partner Dr. Jörg Meißner (M&A/PE, Berlin), and included partner Amit Kataria (M&A/PE, London), senior associate Dr. Monika Eva Obal and associate Julia Michels (both Corporate/M&A, Berlin), counsel Stephan Kreß (Technology Transactions, Berlin), partner Angela Kerek (Finance, Berlin), and associate Patrick Barrett (M&A/PE, London).

Involved fees earner: Patrick Barrett – Morrison & Foerster; Amit Kataria – Morrison & Foerster; Angela Kerek – Morrison & Foerster; Stephan Kreß – Morrison & Foerster; Jörg Meißner – Morrison & Foerster; Julia Michels – Morrison & Foerster; Monika Eva Obal – Morrison & Foerster; Guerkan Akbaba – White & Case; Agmal Bahrami – White & Case; Anna Dold – White & Case; Markus Fischer – White & Case; Andreas Lischka – White & Case; Heinrich Nemeczek – White & Case; Sebastian Pitz – White & Case; Gernot Wagner – White & Case;

Law Firms: Morrison & Foerster; White & Case;

Clients: Enpal GmbH; SoftBank Vision Fund II;