{"id":4200,"date":"2021-07-01T17:08:46","date_gmt":"2021-07-01T14:08:46","guid":{"rendered":"https:\/\/scandium.ee\/?p=4200"},"modified":"2024-02-14T15:23:16","modified_gmt":"2024-02-14T13:23:16","slug":"scandium-invests-into-renewable-energy-company-sunly","status":"publish","type":"post","link":"https:\/\/scandium.ee\/en\/scandium-invests-into-renewable-energy-company-sunly\/","title":{"rendered":"Scandium invests in renewable energy company Sunly"},"content":{"rendered":"<p><strong>Renewable\u00a0energy\u00a0company<\/strong><strong>\u00a0Sunly\u00a0raised\u00a028\u00a0million euros\u00a0from\u00a0existing and new investors\u00a0as well as\u00a0the management.\u00a0Today, Sunly has 132MW in its solar portfolio in the Baltics\u00a0<\/strong><strong>&amp;\u00a0<\/strong><strong>Poland\u00a0and,\u00a0with the amount\u00a0<\/strong><strong>raised,<\/strong><strong>\u00a0it is planned to multiply this number by the end of\u00a0next year. In addition, funds will be directed to the development of wind farms.<\/strong><\/p>\n<p>\u201cSunly\u2019s\u00a0goal\u00a0is\u00a0to\u00a0contribute\u00a0towards\u00a0having\u00a0enough of\u00a0electricity in the future that is produced from renewable sources. We\u00a0have\u00a0a\u00a0large\u00a0number of\u00a0renewable energy\u00a0projects in the Baltics and Poland, but this area is still very capital intensive. Therefore, we\u00a0decided\u00a0to increase and diversify our investor base to create more value together,\u201d\u00a0<strong>commented\u00a0Priit\u00a0Lepasepp,\u00a0Sunly\u2019s\u00a0founder and\u00a0CEO.<\/strong><\/p>\n<p>Lepasepp\u00a0added that\u00a0Sunly\u00a0considers\u00a0its\u00a0experienced and professional team\u00a0as its\u00a0greatest\u00a0asset. \u201cAs our pipeline has grown very fast,\u00a0we will soon\u00a0be\u00a0hiring additional\u00a0experts\u00a0in all countries of operation,\u00a0to\u00a0boost\u00a0the company\u2019s renewable energy developments,\u201d said he.<\/p>\n<p>The successful capital increase took place mainly with the support of\u00a0well-known\u00a0Estonian investors.\u00a0The investment round includes new investors such as\u00a0Warmeston,\u00a0Trailborg, BEAM, VanMeter,\u00a0Metsagrupp,\u00a0P\u00e4ikese\u00a0ja\u00a0Tuule,\u00a0Scandium\u00a0Energia\u00a0and Direct Consulting.\u00a0Vardar, a Norwegian municipal company that has also\u00a0previously invested in renewable energy in the Baltics, joined as the only foreign investor.\u00a0Priit\u00a0Lepasepp, Lili\u00a0Kirikal, Kerstin\u00a0K\u00fctt, Toms\u00a0Naburgs\u00a0and\u00a0Tadas\u00a0Navickas\u00a0from\u00a0Sunly\u2019s\u00a0management\u00a0team\u00a0also\u00a0invested in the company.<\/p>\n<p>Sunly\u00a0develops solar and wind power projects\u00a0in the Baltics\u00a0and Poland, while also managing a portfolio of renewable energy\u00a0and storage\u00a0start-ups.\u00a0Together with this round of financing, investors have invested a total of 44 million euros in\u00a0Sunly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renewable\u00a0energy\u00a0company\u00a0Sunly\u00a0raised\u00a028\u00a0million euros\u00a0from\u00a0existing and new investors\u00a0as well as\u00a0the management.\u00a0<\/p>\n","protected":false},"author":7,"featured_media":4055,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[86,195],"tags":[],"class_list":["post-4200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing","category-scandium-energia-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts\/4200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/comments?post=4200"}],"version-history":[{"count":2,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts\/4200\/revisions"}],"predecessor-version":[{"id":4202,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/posts\/4200\/revisions\/4202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/media\/4055"}],"wp:attachment":[{"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/media?parent=4200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/categories?post=4200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scandium.ee\/en\/wp-json\/wp\/v2\/tags?post=4200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}