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Sunly Secures $300 Million to Fuel the Future of Renewable Energy in the Baltics and Poland!

Sunly

Funding Amount
EUR 300.0M
Company Size
51-200 employees
Industry
Renewable Energy Power Generation

We are thrilled to announce that Sunly, a leading independent energy producer committed to powering the future with renewable energy solutions, has successfully raised €300 million in funding. This significant investment underscores the growing confidence in Sunly's mission to revolutionize the energy landscape across the Baltics and Poland. Established by the visionary 4Energia team following the sale of its shares to Enefit Green AS, Sunly has swiftly positioned itself as a trailblazer in the renewable energy sector, particularly after integrating the capabilities and expertise of 4Energia, the largest renewable energy company in the Baltics at the time of acquisition. With local teams situated in Estonia, Latvia, Lithuania, and Poland, Sunly is well-prepared to execute ambitious renewable energy projects that not only address the region's energy needs but also foster a sustainable future. The newly raised funds will be strategically allocated to enhance renewable energy projects, advance innovative electrification initiatives, and expand our management portfolio of promising start-ups in Estonia. This robust financial backing will enable Sunly to further its commitment to delivering clean, affordable, and reliable energy solutions, ultimately contributing to a greener planet for generations to come. With this newfound capital, we are excited to amplify our efforts in sustainability, drive technological advancements, and create significant local employment opportunities as we march towards a future powered by renewable energy. Together, we power the future!

August 29, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Energy Solutions
  • Renewable Technology
  • Project Development
  • Green Initiatives
  • Investment Opportunities

Investors

Rivage Investment via REDI HR2

Copenhagen Infrastructure Partners (CIP)

Kommunal Landspensjonskasse (KLP)

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