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Announced

Completed

Niam completed the acquisition of Bright Sunday.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

Cross Border

Majority

Sweden

cleantech

Friendly

Acquisition

solar energy

Private

Single Bidder

Completed

Synopsis

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Niam, an alternative investment company, completed the acquisition of Bright Sunday, a provider of solar-as-a-service for commercial and industrial customers. Financial terms were not disclosed. "We are very impressed by Bright Sunday’s business model and ability to build a multi-market presence in the solar-as-a-service industry. Through our investment in Bright Sunday we have the opportunity to accelerate the energy transition by providing a simple and fully funded solution to customers. With Bright Sunday we plan to build a €100m portfolio over the coming years across multiple markets in Europe,” Sverker Åkerblom, Niam Infrastructure CEO.

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