- Companies
- Brite Energy Solar Holdings
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
Morgan Stanley
GTCR
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
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Services
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jan 2015 | Undisclosed stage | Morgan Stanley (lead); GTCR | $250M | - |
| Jun 2014 | Series A | - | $14M | Brite 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 2 Brite Energy Solar Holdings investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialBrite 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.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $38B | $3.2B | $250B | 5.5x | ||
| Publicly listed | $51B | $17B | $156B | 4.3x | ||
| Publicly listed | $13B | $11B | $103B | 11.3x | ||
| Publicly listed | $26B | $5B | $90B | 3.7x | ||
| Private | - | - | $50B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $38B | $3.2B | 6.3x | 5.5x | 74.8x | 44.2x | |||
| $51B | $17B | 4.4x | 4.3x | 13.1x | 11.7x | |||
| $13B | $11B | 11.3x | 11.3x | 13.8x | 14.3x | |||
| $26B | $5B | 4.5x | 3.7x | 22.9x | 14.9x | |||
| $18B | $5B | 3.9x | 3.3x | 13.7x | 10.1x | |||
| $2B | $1.1B | 22.3x | 19.9x | 41.9x | 36.4x | |||
| $22B | $2.6B | 1.5x | 1.3x | 12.1x | 10.3x | |||
| $9.8B | $2.9B | 3.6x | 2.9x | 12.0x | 8.1x | |||
This data is available for Pro users. Sign up to see all Brite Energy Solar Holdings competitors and their valuation data. Start Free Trial | ||||||||
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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