Mylight150, a leader in energy transition and solar self-consumption solutions, raised €100 million led by Eiffel Investment Group, Azora Capital, and Andera Partners to expand its market presence across Europe and enhance its technological offerings.

Information on the Target

Founded in 2014 by Ondine and Virgile Suavet, mylight150 is a leading group in energy transition, specializing in the design and distribution of intelligent energy management systems and solar self-consumption solutions. The company aims to position solar energy as the primary source of energy while sustainably reducing energy bills for households and tertiary buildings through innovative technology solutions.

Active in France, Spain, Switzerland, and Romania, mylight150 offers a comprehensive range of integrated residential solar solutions, which includes proprietary photovoltaic equipment such as solar panels and energy management systems, alongside digital tools and intelligent energy management services. One of their standout products, MySmartBattery, allows users to store excess electricity generated by solar panels for free use during the evening, effectively halving their electricity bills. The company has quintupled its revenue and workforce over the past three years, demonstrating its robust market position and growth potential.

Industry Overview in France

The European electricity consumption for households is projected to double over the next decade as a result of electrification in heating (via heat pumps) and transportation, particularly elec