The leading financial daily of the Nordics, Dagens Industri, yesterday was first outlet to report that we have secured a major investment from seven of Sweden’s most recognized investors during summer. The injection of 8 MEUR increased the value of our company tenfold, and will enable us to increase the speed of our expansion and thereby cut CO2 emissions even more rapidly. One first step will be to branch out operations to Spain in November.
Some excerpts from yesterday’s article:
– We are extremely happy to see such competent and experienced investors, who have built very successful companies of their own, come onboard as partners. It’s a sign off on our business model and expansion strategy by very credible players, says Niklas Engström, CEO and one of the founders of Bright Sunday.
The capital injection takes Bright Sunday closer to reaching its short term goals.
”We are now aiming to invest at least 250 MEUR during the coming four years while delivering a positive net result. Moving into Spain, one of Europe’s biggest and most important market for solar energy will be one first important step in reaching that goal, says Niklas Engström.”
If you find the piece interesting and want to know more about Bright Sunday and our mission for a more sustainable future, do not hesitate to contact us.