Fylgia advised the founders in the sale of Bright Sunday to Niam
Niam has through its infrastructure fund, Niam Infra Fund (“Niam Infra”), acquired the majority of Swedish-based Bright Sunday AB (“Bright Sunday”), a leading provider of solar-as-a-service for commercial and industrial customers. Bright Sunday offers commercial and industrial customers solar PV electricity as a service with zero upfront investments and savings from day one. The portfolio today consists of 65 solar projects with a total installed capacity of approximately 20MW allowing 54 customers to produce electricity for onsite self-consumption. Bright Sunday’s current portfolio is located in Portugal and Spain, but the company plans to expand across Europe with the support of new capital from Niam Infra.