Morrison & Foerster advised SoftBank Vision Fund II on its €130 million investment in solar industry start-up Enpal GmbH ("Enpal"), which closes out the Series C financing round into Enpal. Enpal is a Berlin-based company founded in 2017 that builds and rents solar solutions for private households. With this investment, Enpal becomes the first German green-energy unicorn.
The MoFo team advising SoftBank Vision Fund II on the deal was led by partner Dr. Jörg Meißner (M&A/PE, Berlin), 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).