Bling Energy Secures Major €15 Million Boost to Speed Up Portugal’s Renewable Transition

Bling Energy, a Portuguese startup dedicated to driving the energy transition, has secured €15 million in initial investment from BlueCrow Capital. The funding will enable the company to extend its solar subscription service to an additional 3,000 residential customers, marking the beginning of a significant new growth phase. For Portuguese households, this means greater access to affordable and straightforward renewable energy solutions.

The company operates on an “as a service” model, offering solar energy subscriptions that eliminate the complexity of installation and ownership. With this latest partnership, Bling Energy plans to install 20 megawatts of capacity across new projects. This expansion will include 11 megawatt-peak of solar generation combined with nine megawatt-hours of energy storage, ensuring customers can benefit from both renewable generation and reliable backup power.

Bernardo Fernandez, Founder and CEO of Bling Energy, said: “This partnership represents much more than capital. It reflects a path built with vision, discipline, and real impact. We will now scale up with ambition, maintaining our focus on an accessible, intelligent energy transition with no entry barriers for consumers.”

Bling Energy’s growth strategy is grounded in simplicity and transparency, qualities that have helped it earn the trust of both users and partners. By joining forces with BlueCrow Capital, the company gains not only financial backing but also the strategic support necessary to meet the rising demand for dependable and cost-effective solar solutions.

“We believe in Bling Energy’s model, team and transformative potential. This partnership is aligned with our purpose of supporting businesses with impact and long-term vision,” said António de Mello Campello, Partner at BlueCrow Capital.

For BlueCrow Capital, the investment reflects a shared vision. Both companies are committed to expanding access to renewable energy in ways that are practical, affordable, and scalable. Together, they aim to accelerate Portugal’s shift toward a cleaner energy future, ensuring that the benefits of this transition are accessible to a broader segment of the population.

With this partnership, Bling Energy strengthens its role as a key player in Portugal’s renewable energy landscape and sets the stage for sustained, impactful growth in the years ahead.