BlackRock has decided to invest in ENVIRIA, a German commercial and industrial (C&I) decentralized energy solutions provider, through its Global Renewable Power IV (GRP IV) Fund. The additional capital will support the expansion of the existing 500 C&I solar projects across Germany as part of the company’s growth plan. 

KPMG congratulates BlackRock on the completed transaction and are pleased to were able to support them as a holistic transaction advisor. In addition to providing M&A advice, KPMG was also mandated to provide financial and tax due diligence, as well as tax structuring.