April 20, 2026
Enstall Group B.V. (the “Company” and together with its subsidiaries, the “Group“) is pleased to announce that it has reached agreement with its majority shareholders and a group of Lenders representing approximately 90% of the Term Facilities and Revolving Credit Facilities on the terms of a comprehensive recapitalisation of the Group (the “Recapitalisation Transaction“).
The Recapitalisation Transaction represents a significant milestone for the Group and delivers a strengthened and sustainable capital structure to support Enstall’s long-term growth strategy. Key highlights of the Recapitalisation Transaction include:
- €100 million of new money invested into the Group, providing material liquidity to fund operations and capitalise on growth opportunities across Enstall’s global rooftop and ground-mount solar platform;
- Extension of all debt maturities to at least August 2029, providing the Group with a stable and long-term financing foundation; and
- Reduction of operating-level debt by €400 million, resulting in a reduction in annual cash pay debt service of approximately €60 million, significantly improving the Group’s free cash flow profile and financial flexibility.
Commenting on the transaction, Trevor Young, CEO of Enstall Group, said:
“This recapitalisation marks a pivotal moment for Enstall. The strong support from our majority shareholders and lending group reflects confidence in the quality of our platform and the long-term opportunity in the solar solutions market. With a strengthened balance sheet, reduced debt service obligations and fresh capital to deploy, we are well positioned to execute on our growth strategy and deliver value for all stakeholders.”
The Recapitalisation Transaction remains subject to final documentation and customary closing conditions. Further details will be communicated in due course.
For any queries relating to the Recapitalisation Transaction, please contact conny.richter@enstall.com.