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Sunly

Energy · Tallinn, EE

Independent renewable energy developer operating solar, wind and hybrid parks across the Baltics and Poland.

Founders

Priit Lepasepp (Estonia · ♂) — An Estonian environmental lawyer from the team behind the Baltics' largest renewables firm 4Energia who co-founded Sunly in 2019 to build independent solar and wind across the Baltics and Poland.
Martin Kruus (Estonia · ♂) — A co-founder of 4Energia who, after its sale to Enefit Green, co-founded Sunly as an independent renewable-energy producer.
Kalle Kiigske (Estonia · ♂) — A renewable-energy veteran from 4Energia who co-founded Sunly to develop new Baltic clean-energy projects.

Date	Round	Amount
Aug 2025	Debt Sunly secured around €85 million in financing from the EIB, EBRD and SEB to build four solar parks in Latvia totaling 329 MW.	$98.4M
Aug 2024	Debt Sunly secured €300M in debt financing led by Rivage Investment, CIP and KLP to build 1.3 GW of renewable energy parks across the Baltics and Poland.	$330M

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