Announced
Completed
Financials
Sources
Tags
Renewable Energy Equipment
Cross Border
Majority
Sweden
cleantech
Friendly
Acquisition
solar energy
Private
Single Bidder
Completed
Synopsis
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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