Atrato Onsite Energy Merges with Finlight to Form Major Distributed Energy Provider in Europe

Atrato Onsite Energy has announced a merger with Finlight to create one of Europe’s largest specialist energy providers serving commercial, industrial (C&I), and residential markets. The combined company will operate under the Finlight brand and will be headquartered in the United Kingdom.

The newly consolidated entity will continue to receive support from majority shareholder Brookfield, which manages approximately 46 GW of installed power capacity globally, along with Real Asset Investment Management.

Following the merger, the combined business will have around 700 MW of installed and under-construction capacity across 815 commercial and industrial solar plants, along with 23,000 residential solar and battery systems located in the United Kingdom, Spain, and Portugal. The customer portfolio includes both homeowners and major global companies such as Amazon, Bentley Motors, Gestamp, Nissan, Tesco, and Valeo.

The merged platform aims to invest more than £2 billion in distributed generation projects by 2030, targeting a total installed capacity exceeding 2 GW. Growth is expected to be driven primarily through organic expansion, with additional opportunities for smaller acquisitions in what the company describes as a fragmented market.

Initially, Finlight will concentrate on its core markets in the United Kingdom, Spain, and Portugal while exploring expansion opportunities across other European markets.

The merger reflects both companies’ shared focus on decentralised energy generation, which allows renewable power systems to be installed close to the point of consumption. According to the company, this approach can reduce energy costs by approximately 25% while improving energy security for consumers.

The company will be led by Chief Executive Officer Gurpreet Gujral, Chief Investment Officer Mateo Andrada, and Chief Financial Officer Miguel Ángel Bermejo, supported by a team of more than 80 employees based in the United Kingdom and Spain.

Finlight’s business model involves fully funding the installation of solar and battery systems for customers. In return, customers commit to long-term agreements to purchase electricity generated onsite at fixed prices that are typically lower than prevailing grid electricity tariffs, enabling immediate savings without upfront costs.

Commenting on the merger, Gurpreet Gujral said the consolidation of two behind-the-meter energy specialists positions Finlight as a leading distributed generation company in Europe, particularly as electrification continues to reshape electricity demand.

Representatives from Real Asset Investment Management and Brookfield also noted that distributed generation can help improve energy system efficiency, reduce grid congestion, and accelerate the deployment of renewable energy infrastructure across Europe.