Elvy secures SEK 5.5 billion credit facility for Swedish home energy systems
The facility arranged by Scayl and a bank partner will support nationwide deployment of energy subscriptions.
Elvy announced a SEK 5.5 billion financing facility on 9 December 2025 to expand its home energy subscription across Sweden. Swedish finance company Scayl developed the facility with one of its bank partners.
The facility supports a model in which Elvy installs heat pumps, solar panels and batteries while homeowners pay a monthly subscription. Its software coordinates the energy generated and consumed in each home.
The SEK 5.5 billion represents the announced facility size. It provides financing capacity for installations; the announcement does not say that the full amount has already been drawn.
Use of funds
Finance nationwide deployment of residential energy systems in Sweden