Yuno Energy reports €600 million in annual revenues after 15 years of growth

Yuno Energy, founded 15 years ago, has grown to generate €600 million in annual revenues. The company started with a prepay electricity model, allowing customers to pay small amounts instead of large bills. It now serves over 400,000 customers. Recently, Yuno acquired Firmus Energy in Northern Ireland for around €40 million, expanding its customer base significantly. The company plans to focus on its bill-pay operation and commercial customers, hiring industry veterans to lead these efforts. Yuno is also exploring district heating systems, which utilize waste heat from industries. This initiative aligns with Ireland's climate action goals, but requires infrastructure development. The company is preparing for this expansion while maintaining its core services.