Brite Energy Solar Holdings Funding, Investors & Competitors

Brite Energy Solar Holdings has raised $264M across 2 funding rounds, most recently a $250M undisclosed-stage round in January 2015.

Last Brite Energy Solar Holdings funding round

$250M

Undisclosed stage · Jan 2015

Cumulative funding Brite Energy Solar Holdings raised

$264M

across 2 funding rounds

Key investors in Brite Energy Solar Holdings

Brite Energy Solar Holdings Overview

About Brite Energy Solar Holdings

Brite Energy Solar Holdings is a provider of solar photovoltaic systems for residential and commercial customers primarily in California. Established in 2008, the Los Angeles-based firm installs grid-tied and off-grid solutions using panels from manufacturers like SunPower and Tesla Solar Roof integrations. It offers financing through power purchase agreements and serves property owners in high-insolation regions including Southern California deserts.


Founded

2014

HQ

United StatesChicago, IL

Status

Privately held

Customer focus

B2C & B2B

Revenue model

Services

Brite Energy Solar Holdings Funding History

Brite Energy Solar Holdings has raised a total of $264M across 2 funding rounds.

Brite Energy Solar Holdings' first fundraising round was a $14M Series A in June 2014. The most recent completed round was a $250M undisclosed-stage round in January 2015.

Brite Energy Solar Holdings funding rounds

Brite Energy Solar Holdings funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2015Undisclosed stageMorgan Stanley (lead); GTCR$250M-
Jun 2014Series A-$14MBrite Energy Solar Holdings, a provider of residential and commercial solar services, raised $14.2 million in a VC funding round during Q2 2014. This was among the top VC deals in the solar sector that quarter, following larger raises by companies like Sunrun and Sunnova Energy.

Who has invested in Brite Energy Solar Holdings?

2 investors have backed Brite Energy Solar Holdings across its funding rounds, including Morgan Stanley and GTCR.

Lead investors include Morgan Stanley.


Brite Energy Solar Holdings Investors

Investors in Brite Energy Solar Holdings by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Brite Energy Solar Holdings Competitors

Brite Energy Solar Holdings competitors include listed companies like GE Vernova, Iberdrola, China Yangtze Power and Constellation Energy, and private ones like Adani New Industries and Helion Energy.

Public and private companies comparable to Brite Energy Solar Holdings
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GE VernovaUnited StatesUnited StatesPublicly listed$38B$3.2B$250B5.5x
IberdrolaSpainSpainPublicly listed$51B$17B$156B4.3x
China Yangtze PowerChinaChinaPublicly listed$13B$11B$103B11.3x
Constellation EnergyUnited StatesUnited StatesPublicly listed$26B$5B$90B3.7x
Adani New IndustriesIndiaAhmedabadPrivate--$50B-
Helion EnergyUnited StatesSeattle, WAPrivate--$16B-

Brite Energy Solar Holdings Public Comps

Brite Energy Solar Holdings is still privately-owned, but its public comps include GE Vernova, Iberdrola, China Yangtze Power, Constellation Energy, Vistra, ACWA Power, Vestas, Ørsted, Gulf Development and Huaneng Lancang River.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
GE Vernova$38B$3.2B6.3x5.5x74.8x44.2x
Iberdrola$51B$17B4.4x4.3x13.1x11.7x
China Yangtze Power$13B$11B11.3x11.3x13.8x14.3x
Constellation Energy$26B$5B4.5x3.7x22.9x14.9x
Vistra$18B$5B3.9x3.3x13.7x10.1x
ACWA Power$2B$1.1B22.3x19.9x41.9x36.4x
Vestas$22B$2.6B1.5x1.3x12.1x10.3x
Ørsted$9.8B$2.9B3.6x2.9x12.0x8.1x

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Common questions about Brite Energy Solar Holdings

When was Brite Energy Solar Holdings founded?Brite Energy Solar Holdings was founded in 2014.
Where is Brite Energy Solar Holdings headquartered?Brite Energy Solar Holdings is headquartered in Chicago, IL, United States.
Is Brite Energy Solar Holdings publicly listed?No, Brite Energy Solar Holdings is a private, VC-backed company.
How much funding has Brite Energy Solar Holdings raised?Brite Energy Solar Holdings has raised $264M across 2 funding rounds.
What was Brite Energy Solar Holdings' last funding round?Brite Energy Solar Holdings' last funding round was a $250M undisclosed-stage round in January 2015, led by Morgan Stanley.
Who are Brite Energy Solar Holdings' investors?Brite Energy Solar Holdings' investors include GTCR and Morgan Stanley.
Which companies are comparable to Brite Energy Solar Holdings?Companies comparable to Brite Energy Solar Holdings include GE Vernova, Iberdrola, China Yangtze Power, Constellation Energy, Adani New Industries and Helion Energy.

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