89000
investors
Enerfip is a French platform that lets people lend money to renewable energy projects - solar farms, wind, batteries, biogas and hydrogen - mostly by buying bonds issued by the company that owns a project.
It was set up in Montpellier in 2014 and made its first loans in 2015. Since then 892m euros has been raised across more than 618 projects, and the bond book alone stands at 681m euros at an average rate of 7.46% a year over an average of just under three years.
Enerfip is authorised by France's financial regulator, the AMF, as a crowdfunding service provider under number FP-2022-2, and that permission lets it sell into 26 European countries. It runs a second brand, Lumo, under the same permission, and bought the Dutch platform DuurzaamInvesteren in December 2025.
The minimum is 10 euros a project. Investors pay no entry, management or exit fee - project developers pay the platform instead - and there is a free marketplace called Enerdeal where you can try to sell a bond early, though it will not list anything already running late.
Your cash is held in separate accounts at LemonWay, a French payment institution, and is only released to the project once the raise completes. Every deal carries a rating from A+ down to C-, with earlier-stage projects rated lower.
What you own is corporate debt of a project company, sometimes secured on shares, assets or permits and sometimes ranking behind the bank. There is no deposit guarantee and no compensation scheme, and you can lose everything you put in.
License / Regulation: ECSPR (AMF France) | Licence FP-2022-2 |
Enerfip offers both debt and equity investments in diverse renewable energy projects. Investors can choose from various energy sectors such as solar, wind, hydroelectric, and bioenergy, with project durations and interest rates tailored to each initiative. By investing directly in these projects, investors gain exposure to clean energy infrastructure while supporting tangible environmental outcomes
Where security was taken, it is a parent company guarantee, a pledge over shares, assets or permits, or a charge without possession. French bondholders act together through a bondholders' body, and Enerfip's job after funding is servicing and reporting. What it publishes is only the totals: 37 projects late by up to six months owing 8.5m euros, one late by more than six months owing 20,000 euros, and eight projects across four borrowers in insolvency proceedings owing 5.27m euros. There are no case-by-case updates, no timetable and no figure for how much has been recovered - and no euro has ever been written off. One borrower, Papysun, entered French insolvency proceedings on 15 April 2026.
Trustpilot scores 4.3 out of 5 from 949 reviews, with 77% five-star and 4% one-star. The complaints are about delays and money tied up rather than about the app. One reviewer on 19 August 2026 reported 8 of his 17 live projects delayed and 45% of his invested money stuck - far worse than the 1.25% headline delay rate, because that rate is measured against everything the platform has ever lent rather than against the money still out on loan. French investor forums carry threads on two named deals, Papysun and Monte Cintu. Papysun's insolvency is confirmed on the French register: proceedings opened on 15 April 2026, with payments having stopped on 28 February 2026. The largest item concerns the Dutch platform DuurzaamInvesteren, which Enerfip bought in December 2025 after a national newspaper investigation into its difficulties; it reports 18.5% of everything it ever issued in default, and both its Dutch permissions were withdrawn. No regulatory action against Enerfip itself was found.
Enerfip publishes its rating criteria rather than a step-by-step process. Loans are graded A+ down to D-, with anything below D not offered; share deals run on a separate scale. The stage a project has reached is the main thing driving the grade: development projects, where planning permission and feasibility studies are still open, score lowest; construction next; a power station already generating scores highest. Analysts then look at whether the issuer can repay and at what security is taken - a parent company guarantee, a pledge over shares, assets or permits, or a charge without possession. Enerfip says plainly that bank debt usually ranks ahead of you. It reports that 99% of raises complete, with only two or three ever failing.
Nothing, on the platform's own charges. There is no entry fee, no management fee and no exit fee, and selling on Enerdeal is free to buyer and seller alike. Enerfip is paid by the project developers through structuring, monitoring and legal fees. Two small charges exist in the investor agreement: 1 euro per transfer under 100 euros, and 1 euro per electronically signed subscription of 2,500 euros or more where the money is not released. The real cost is tax. French residents pay a 30% flat rate on the interest - 12.8% income tax plus 17.2% social contributions - or can choose the income tax scale instead. Some deals qualify for a PEA-PME account, but ordinary bonds, which are most of the book, do not.
Enerfip was founded in Montpellier in 2014 by Julien Hostache, Sebastien Jamme, Vincent Clerc and Guilhem Roux, and started funding projects in 2015. Hostache is president and Roux is managing director; Jamme and Clerc run Enerfip Gestion, the group's fund management arm launched in 2022. Eduardo leads the Spanish business and Gabriele Lania the Italian one. The group says it has 60 to 70 staff across Montpellier, Paris, Madrid, Rome and Amsterdam. It filed 2024 revenue of 5.12m euros and a 773,000 euro profit, up about 40% on the year, with 2.78m euros of equity. Enerfip does not publish who owns it, and the French register shows no shareholder breakdown.
Only through Enerdeal, and only sometimes. It is free to both sides, but you need to have been verified for six months, to have invested at least 500 euros in total, and to be selling at least 100 euros. Several categories cannot be listed at all: Spanish projects, private placements, geographically restricted deals, anything maturing within two months, anything launched less than six months ago - and, most importantly, anything already running late. There is no guaranteed buyer. Enerfip warns sellers when it thinks the price looks unfavourable, but it cannot make a sale happen.
