Solfy acquires installer Ecolium and aims for 15 million

Solfy debuts in M&A operations.The company, born in 2022 as the firstmarketplacedigital energy solutions at a state level, has closed the acquisition of Ecolium, an installation company based in L'Escala with over 800 clients. Following this operation, the Catalan company expects to exceed 15 million euros in turnover this year, double that of 2024. Ecolium, founded four years ago, specializes in residential self-consumption installations, and its acquisition has materialized after Solfy has reachedan agreement with Grup Parlem, which previously acquired Ecolium in 2022. This first M&A operation for the company has represented "a milestone," according to Solfy co-founder, Sergi Sans. And it is that the operation represents a key step for its expansion, with a growing trend that the company seeks to accelerate witha new round of investmentto incorporate new strategic partners. So far, the company has raised about 1.5 million euros in two rounds. Solfy expects to double its turnover this year, after having tripled the previous year's results in 2024, with seven million euros invoiced last year.The cleantech has accumulated more than a thousand installations executed in Spain in its three years of trajectory,with one objective: to democratize access to clean energy through technology and a comprehensive service model.

This was the objective with which Sans set out to create Solfy three years ago alongside Sergio Balcells. The two co-founders, who knew each other because they were shareholders in the same company, opted to build Solfy after Balcells had the idea of creating the first marketplace for solar self-consumption and renewable energies in Spain: "We saw that there was a lot of market," and decided to bet on the company, as Sans recalls.

Since then, the cleantechhas been expanding and "diversifying its business model", until it has opened various lines, ranging from aerothermal energy to the industrial sector. "We have been making our way in a very atomized market," defends the co-founder.Territorial expansion and new appNow, 80% of its turnover comes from solar energy, while 20% comes from aerothermal energy, and most of its activity is concentrated in Catalonia, Madrid, and the Valencian Community.De cara a este año, el Looking ahead to this year, the marketplace is committed to strengthening its activity in northern Spain, as well as in Andalusia and the Balearic Islands.Additionally, Solfy plans to grow this year with the launch of aappthrough which it will offer comprehensive energy advice. This new line will focus on offering individuals and SMEs personalized solutions on photovoltaic energy or aerothermal energy, and will also advise on the selection of companies and tariffs, with the same objective with which the company was born:to boost renewable energies and lead this market.

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