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Merito invests in good companies with a mission to help them develop into great and sustainable companies
Saules Energy is a developer of renewable energy projects with a mission to make profitable GreenTech investments and serving the wider society. Projects completed 2023- Carnikavas SES, Inčukalna SES, Zilupes SES, Brenguļu SES, Kalkūnes SES. Projects completed 2024- Valmieras SES, Cēsu SES, Kokneses SES.
8 PV plants achieved 49% output growth in FY2025. Saules BESS is adding a 120MWh Bess to increase portfolio profitability and operational flexibility. Investment is cash-generating with an experienced team delivering on-time and on-budget. Platform is targeting €27M BESS EBITDA by FY2030 and against a market is projected to grow ≥63% by 2030.
