Custom Solar
Specialist developer of commercial and industrial solar PV.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | £8.0m Valuation: £8.0m | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 62 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | 5 % | 5 % |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Custom Solar is a UK-based developer specializing in solar photovoltaic (PV) systems for commercial, industrial, and public sector clients. Established in 2010, the company provides end-to-end services, including consultancy, design, installation, and maintenance for a variety of solar solutions like rooftop, ground-mount, and solar carports. The company serves a diverse client base, from local authorities to FTSE-listed corporations, delivering projects of varying scales, from small systems under 100 kWp to the UK's largest rooftop installation at 6.5 MWp. A significant milestone for the company was its acquisition by Mitie, a leading UK facilities management and professional services company, in 2023. This acquisition has enabled Custom Solar to undertake larger, more complex projects with an expanded geographic reach. The business operates on a model that includes both self-financed projects and Power Purchase Agreements (PPAs), which allows clients to benefit from solar energy with no upfront capital costs. Custom Solar has received multiple industry awards, including the 'Commercial Solar & Storage Project of the Year' in 2018, 2020, and 2022.
As part of Mitie Power & Grid, Custom Solar collaborates with other specialized firms to deliver comprehensive decarbonization solutions. The company is led by Managing Director Matthew Brailsford, who has overseen its growth and strategic direction. Custom Solar emphasizes a manufacturer-agnostic approach, allowing it to recommend the most efficient and suitable technology for each specific project. The firm's services cover the full project lifecycle, from feasibility studies and financial analysis to securing necessary approvals and providing ongoing operational support.
Keywords: commercial solar PV, industrial solar, renewable energy developer, solar installation, solar maintenance, power purchase agreement, PPA, decarbonization solutions, rooftop solar, ground-mount solar, solar carports, energy security, facilities management, public sector solar, corporate solar, solar project finance, solar engineering, renewable energy projects, net zero solutions, energy efficiency