In the media -
Elvy rolls out energy subscription in hundreds of homes
Elvy has rolled out its energy subscription in hundreds of homes and expects around 300 million kronor in revenue this year. Now borrowing 5 billion to expand.
Elvy has rolled out its energy subscription in hundreds of Swedish households and expects to turn over around 300 million kronor this year alone.
The company is now hard at work borrowing 5 billion kronor to keep expanding, according to information given to Di.
The energy subscription bundles a heat pump, solar panels and a battery into a fixed monthly cost. Elvy owns and operates the equipment, so the homeowner avoids both the upfront investment and the hassle.
“it has moved at a furious pace.”
Keep readingMore of what we're up to
- In the media -
Elvy raises €500m for European expansion
The €500m raise, arranged with Swedish financier Scayl, funds Elvy's energy-subscription rollout across Sweden and a first step into eastern Europe.
- In the media -
Elvy raises SEK 5.5 billion for its solution
Sweden's Elvy, which offers households an energy subscription, confirms earlier reports to Di and is raising SEK 5.5 billion in debt financing.
- In the media -
Sifted: startup more than doubles customers in 3 months
Sifted covers Elvy, more than doubling customers in three months. It runs the home's energy system: solar panels, heat pumps, batteries and grid optimisation.
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Homeowners no longer manage their own power and heat. They decided they had better things to do.
Curious to do the same?