# Sky Solar Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sky-solar-holdings

- Industry: Renewable Energy
- Headquarters: Tokyo, Japan
- Website: www.skysolarholdings.com
- Total disclosed funding: $27M
- Latest round: Series C (Mar 1, 2013)
- Investors on record: 2

## About

Sky Solar Holdings, Ltd., based in Hong Kong, is engaged in the development, ownership, and operation of solar energy projects globally, providing innovative solutions to meet diverse energy needs across multiple markets.Founded in 2009 in Tokyo, Japan, Sky Solar Holdings, Ltd. specializes in solar energy projects worldwide. The company underwent a transition from public to private ownership when Hudson Sustainable Investments acquired it for USD 25.49 mn in November 2019. The management team includes CEOs Anthony Gagliardi and Pawel Bien, leading the company's strategic direction.Sky Solar Holdings, Ltd. specializes in the development, ownership, and operation of solar power projects across various regions including Japan, Chile, Canada, the United States, Uruguay, Greece, Bulgaria, the Czech Republic, Spain, Puerto Rico, and Germany. The firm's offerings include a wide range of solar energy solutions, from rooftop installations to utility-scale ground-mounted systems, tailored to meet the specific energy needs of both commercial and residential clients. By leveraging local expertise and maintaining a technology-neutral approach, the company can customize energy solutions by selecting optimal technologies from various manufacturers and suppliers for each project.In 2019, Sky Solar Holdings reported a revenue of USD 48.95 mn and an EBITDA of USD 13.75 mn, primarily generated through the development and operation of solar power projects structured as independent power producer (IPP) transactions. These transactions involve long-term power purchase agreements with a diverse client base, ensuring stable revenue streams from energy production.Looking ahead, Sky Solar Holdings aims to expand its presence in emerging markets and explore new geographic regions for solar energy projects. The recent acquisition by Hudson Sustainable Investments is expected to support these expansion efforts significantly. With the funds raised from the public-to-private transaction in November 2019, the company is likely to invest in new product development and enhance its operational capabilities to capture growth opportunities in the renewable energy sector.

## Funding rounds

- Series C, Mar 1, 2013, $27M — Glouston Capital Partners, Sino-Century

## Investors

- Glouston Capital Partners (https://capitalatlas.ai/funds/glouston-capital-partners) — Series C
- Sino-Century (https://capitalatlas.ai/funds/sino-century) — Series C