Insights

May 19, 2025

Bright Sunday Acquires Solar Assets in Spain and Portugal

Insights News

Bright Sunday, a leading solar-as-a-service provider, is accelerating its acquisition of operational and ready-to-build self-consumption solar PV portfolios across Spain and Portugal, with a strategic focus on the commercial and industrial (C&I) segment.

The company targets systems ranging from 100 kW to multi-megawatt portfolios. Bright Sunday is acquiring PV systems from either PPA providers or individual companies seeking to increase their focus on core business through a sale-leaseback solution.

Strong Financial Backing

Backed by Niam Infrastructure and the European Investment Fund, Bright Sunday is well-capitalized and positioned for rapid expansion. This robust financial support enables the company to move swiftly on new acquisitions and scale its operations across Europe.

“We’re focused on acquiring PPA-backed portfolios and bringing them into Bright Sunday operations,” said Niklas Engström, CEO of Bright Sunday. “Our 99.9% delivery performance in 2024 shows that our operations are robust and that we are a solid long-term solution for businesses.”

Driving Market Consolidation with Scale and Efficiency

We believe the solar market is entering a consolidation phase, where efficiency, scale, and reliability become critical for long-term success. In this evolving landscape, Bright Sunday is committed to playing a key role as a dependable buyer, providing certainty and clarity to sellers and partners alike.

“We’re actively evaluating portfolios now,” Engström added. “If you’re looking for a strong, long-term buyer for your solar PV project portfolio or single system, we’re ready.”

Note: While the primary focus is currently on Spain and Portugal, Bright Sunday is also open to evaluating larger portfolios (above 10 MW) in other European countries.

For more information

Niklas Engström, CEO
niklas.engstrom@brightsunday.com