Competitive Power Ventures Acquisition, Valuation, Funding & Investors

Competitive Power Ventures was acquired by OPC Energy for $648M in January 2021, a 49.8x multiple on $13M of revenue.

Competitive Power Ventures acquisition price

$648M

Acquired by OPC Energy · Jan 2021

Competitive Power Ventures revenue at acquisition

$13M

Last twelve months · Jan 2021

Competitive Power Ventures revenue multiple at acquisition

49.8x

EV/Revenue · Jan 2021

Key investors in Competitive Power Ventures

Competitive Power Ventures Overview

About Competitive Power Ventures

Competitive Power Ventures is a North American developer, owner, and operator of electric power generation projects spanning natural gas, solar, and wind. The company has brought 6.8 GW of generation online since 2010 and runs 11 active facilities through three divisions: CPV Renewable Power, CPV Low Carbon Generation, and CPV Retail. It is majority owned by OPC Energy Ltd. and maintains offices in Silver Spring, Maryland; Braintree, Massachusetts; and Sugar Land, Texas.


Founded

1999

HQ

United StatesUnited States

Website

cpv.com

Status

Acquired

Customer focus

B2B

Revenue model

Product sales

Revenue

$13M (Jan 2021)

Valuation

$648M (acquired Jan 2021)

Competitive Power Ventures Acquisition

Competitive Power Ventures was acquired by OPC Energy for $648M on 24 January 2021.

The acquisition price implies a 49.8x revenue multiple on $13M of revenue.

Competitive Power Ventures acquisition details
AcquirerDateTypePriceEV/Revenue
24 Jan 2021Strategic M&A$648M49.8x

Competitive Power Ventures Funding History

Competitive Power Ventures has raised 1 funding round.

Competitive Power Ventures funding rounds
DateStageInvestors
Dec 2025Undisclosed stageU.S. Bank (lead)

Who has invested in Competitive Power Ventures?

1 investor has backed Competitive Power Ventures across its funding rounds, including U.S. Bank.

Lead investors include U.S. Bank.


Competitive Power Ventures Investors

Investors in Competitive Power Ventures by funding rounds participated
InvestorHQRoundsRoleFirst check

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Competitive Power Ventures Competitors

Competitive Power Ventures competitors include listed companies like PNEGroup, Audax Renovables and Voltalia, and private ones like Fulcrum Bioenergy, HIF Global and Amogy.

Public and private companies comparable to Competitive Power Ventures
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PNEGroupGermanyGermanyPublicly listed$265M$49M$633M3.7x
Fulcrum BioenergyUnited StatesSan Francisco, CAPrivate--$603M-
HIF GlobalChileSantiagoPrivate--$600M-
AmogyUnited StatesNew York City, NYPrivate--$700M-
Audax RenovablesSpainSpainPublicly listed$2.2B$107M$590M0.4x
VoltaliaFranceFrancePublicly listed$677M$163M$716M4.8x

Competitive Power Ventures Public Comps

Competitive Power Ventures is no longer listed, but its public comps include Array Technologies, Granite Ridge Resources, VAALCO Energy, Bannerman Energy, EnQuest, PNEGroup, General Fusion, PetroRecôncavo, Shizuoka Gas Co and Mogan Enerji.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Array Technologies$1.3B$34M1.2x1.1x47.5x7.5x
Granite Ridge Resources$450M$273M2.4x2.0x3.9x3.1x
VAALCO Energy$359M$92M2.5x2.1x9.7x4.7x
Bannerman Energy-($7M)--(83.0x)(83.0x)
EnQuest$1.1B$894M1.4x1.3x1.7x2.5x
PNEGroup$265M$49M5.7x3.7x31.0x14.7x
General Fusion-($25M)--(28.3x)-
PetroRecôncavo$614M$339M1.5x1.6x2.8x3.3x

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Common questions about Competitive Power Ventures

When was Competitive Power Ventures founded?Competitive Power Ventures was founded in 1999.
Where is Competitive Power Ventures headquartered?Competitive Power Ventures is headquartered in United States.
Is Competitive Power Ventures publicly listed?No, Competitive Power Ventures was acquired by OPC Energy in January 2021.
Who acquired Competitive Power Ventures?Competitive Power Ventures was acquired by OPC Energy in January 2021.
How much was Competitive Power Ventures acquired for?Competitive Power Ventures was acquired for $648M in January 2021, a 49.8x revenue multiple.
What was Competitive Power Ventures' last funding round?Competitive Power Ventures' last funding round was a undisclosed-stage round in December 2025, led by U.S. Bank.
Who are Competitive Power Ventures' investors?Competitive Power Ventures' investors include U.S. Bank.
Which companies are comparable to Competitive Power Ventures?Companies comparable to Competitive Power Ventures include PNEGroup, Fulcrum Bioenergy, HIF Global, Amogy, Audax Renovables and Voltalia.

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