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Sunly raised €300M in debt financing led by Rivage Investment to accelerate the construction of renewable energy projects in the Baltics and Poland.

PRIVATEAug 29, 2024

Amount Raised

€300 Million

Round Type

Debt Financing

TallinnEnergyRenewable EnergySolarClean Energy

Investors

Kommunal LandspensjonskasseCopenhagen Infrastructure PartnersRivage Investment

Description

Sunly, an Estonian renewable energy producer, has secured €300 million in debt financing to boost its renewable energy projects portfolio across the Baltics and Poland. This investment will facilitate the construction of 1.3 GW of solar, wind, storage, and hybrid parks by the end of 2026.

Quick answer

Sunly raised €300 Million in a Debt Financing round, dated August 29, 2024. Investors: Kommunal Landspensjonskasse, Copenhagen Infrastructure Partners and Rivage Investment. Sunly is based in Tallinn, Harju Maakond, Estonia.

How much did Sunly raise?
Sunly raised €300 Million in a Debt Financing round on August 29, 2024.
Who invested in Sunly?
Kommunal Landspensjonskasse, Copenhagen Infrastructure Partners and Rivage Investment are named as investors in this round.
What does Sunly do?
Sunly is an Estonian renewable energy producer focused on developing integrated hybrid parks that combine wind, solar, and energy storage.
Where is Sunly based and how big is it?
Sunly is based in Tallinn, Harju Maakond, Estonia. Fundz records about 123 employees.
Who are the decision-makers at Sunly?
Fundz holds 5 contacts at Sunly. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Sunly that raised within 45 days of this round, from Fundz verified event records.

  • The 0-Mission raised $144K (Pre-Seed) on September 24, 2024.
  • SuperNode raised $8.8M on October 7, 2024.
  • Perovskia Solar raised $2.4M (Seed) on September 26, 2024.
  • La Solive raised $4.5M (Series A) on September 25, 2024.
  • Phlair raised $16M (Seed) on September 19, 2024.
  • Bling Energy raised $2.2M (Seed) on September 12, 2024.

Who to call at Sunly, and when

A new round usually means Sunly is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Sunly

Location

Tallinn, Harju Maakond, Estonia

About

Sunly is an Estonian renewable energy producer focused on developing integrated hybrid parks that combine wind, solar, and energy storage. The company aims to enhance regional energy security and operational efficiency, benefiting large industrial clients with high energy consumption. By stabilizing energy production and reducing grid connectivity charges, Sunly supports the transition to clean energy and optimizes the use of local renewable resources. Their portfolio includes various solar, wind, storage, and hybrid parks across the Baltics and Poland.

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Sunly raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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