ABF WatchEuropean Fintech Credit TrackerUpdated

Deals / 29 Jul 2026

Enpal: Public securitisation, €367m

Enpal's third public ABS, Golden Ray 3, securitised about 11,500 German solar and heat-pump loans; M&G keeps the most junior notes.

Borrower
Enpal, Germany · Energy finance
Announced
Facility
Public securitisation · New
Size
€367m
Funders
Asset class
Home solar and heat pumps
Assets originated in
Germany
Notes
Citi arranger; Barclays, Bank of America, Citi and Crédit Agricole CIB joint lead managers.
Source quality
Confirmed: announced by the borrower or a funder itself. How we check
Last checked
7 Nov 2026

Sources

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