Korea South
ENlighten is a Korean energy IT platform, connecting project owners with market players in the renewable energy sector. With a focus on pooling pipelines and deal structuring, it offers IT-enabled financial solutions in collaboration with various entities, including private equity funds, venture capitals, asset management companies, insurance companies, and sovereign wealth funds. Since its establishment in 2016, ENlighten has successfully completed over KRW 200 billion transactions on solar power and energy storage projects.
The company's integrated services cover all phases of renewable energy projects, including the ENlighten platform, financial advisory, product trading, equity investment, project development, online crowdfunding, technical due diligence, construction management, and operation & maintenance of projects through SolarEquity, SolarBridge, SolarWorks, and STRIX, respectively.
In March 16, 2021, ENlighten secured a noteworthy KRW 20.80B Series C investment from investors, including BSK Investment, Shinhan Venture Investment, BNK Venture Capital, Yuanta Investment, and KDB Industrial Bank. The company's slogan, "More Energy, More Powerful!" encapsulates its commitment to creating value beyond just connecting energy. ENlighten's focus on renewable energy and its recent substantial investment could position it as a significant player in the energy industry.
