Bling Energy, a Portuguese startup focused on the energy transition, has secured an initial investment of €15 million from BlueCrow Capital. This funding will support the company in expanding its subscription service to an additional 3,000 residential customers. The partnership signals a new phase of growth for Bling, to make the energy transition more accessible and straightforward for Portuguese households.
Bling Energy offers an ‘as a service’ solar energy subscription model and has now signed a €15 million strategic partnership with BlueCrow Capital. The investment will allow the company to extend its service to over 3,000 new residential customers and further strengthen its position in a sector undergoing significant change. The planned expansion represents a total installation of 20 MW, comprising 11 MWp of solar and 9 MWh of storage.
Through this agreement, Bling Energy aims to consolidate its strategy of steady growth, based on a straightforward and transparent approach that has gained the trust of users and partners. The involvement of BlueCrow is expected to enhance Bling’s capacity to meet the increasing demand for cost-effective and reliable solar energy solutions.
The investment reflects a strong alignment of vision between both parties and a joint effort to expand access to renewable energy through practical and affordable solutions. With this new phase, Bling Energy continues its development and reinforces its role in supporting a more sustainable energy landscape in Portugal.