ContourGlobal Acquisition, Valuation, Funding & Investors

ContourGlobal was acquired by KKR for $2.1B in May 2022, a 1.0x multiple on $2.2B of revenue.

ContourGlobal acquisition price

$2.1B

Acquired by KKR · May 2022

ContourGlobal revenue at acquisition

$2.2B

Last twelve months · May 2022

ContourGlobal revenue multiple at acquisition

1.0x

EV/Revenue · May 2022

ContourGlobal EBITDA multiple at acquisition

2.5x

EV/EBITDA · May 2022

ContourGlobal Overview

About ContourGlobal

ContourGlobal is a London-headquartered independent power producer that owns and operates 107 thermal and renewable plants across 18 countries in Europe, the Americas, and Africa. Its renewable portfolio generates 1,808 MW from hydro, wind, solar, and biogas facilities including the 99 MW South Avra Valley Solar Ranch in Arizona. The thermal segment produces 2,509 MW using natural gas, coal, and oil at sites like the 800 MW Dupic T2 plant in France. Listed on the London Stock Exchange until its 2024 acquisition by KKR, ContourGlobal traces its origins to 2005.


Founded

2005

HQ

United KingdomLondon

Status

Acquired

Customer focus

B2B

Revenue model

Product sales

Revenue

$2.2B (May 2022)

Valuation

$2.1B (acquired May 2022)

ContourGlobal Acquisition

ContourGlobal was acquired by KKR for $2.1B on 17 May 2022.

The acquisition price implies a 1.0x revenue and 2.5x EBITDA multiple on $2.2B of revenue.

Before the acquisition ContourGlobal had raised $350M across 1 funding round.

ContourGlobal acquisition details
AcquirerDateTypePriceEV/RevenueEV/EBITDA
17 May 2022PE buyout$2.1B1.0x2.5x

ContourGlobal Funding History

ContourGlobal has raised a total of $350M across 1 funding round.

ContourGlobal funding rounds

ContourGlobal funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2025Undisclosed stageTyr Energy (lead)$350MContourGlobal, a London-headquartered independent power producer backed by KKR and transitioning to renewables, closed a $350 million financing package on October 30, 2025, for its first U.S. renewable energy project. The deal, led by Tyr Energy's tax equity investment with debt from lenders including Crédit Agricole, ING, Intesa Sanpaolo, Mizuho, and MUFG, supports the 324 MW Black Hollow Sun solar project in Colorado. Phase I (185 MW) is operational, delivering power to Platte River Power Authority, while Phase II (139 MW) is under construction for completion by end-2026, with total financing potentially exceeding $421 million. The project is expected to generate electricity for 73,000 homes annually once fully operational. Tyr Energy, part of ITOCHU Corporation's North American strategy, provided the tax equity, highlighting its track record of over ten such investments in U.S. renewables. This marks ContourGlobal's entry into U.S. tax equity financing amid surging demand from AI data centers and electrification.

Who has invested in ContourGlobal?

1 investor has backed ContourGlobal across its funding rounds, including Tyr Energy.

Lead investors include Tyr Energy.


ContourGlobal Investors

Investors in ContourGlobal by funding rounds participated
InvestorHQRoundsRoleFirst check

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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ContourGlobal Competitors

ContourGlobal competitors include listed companies like Verbio, Auren Energia and Pertamina Geothermal, and private ones like Montana Renewables, Enel Green Power Hellas and EGPE Solar.

Public and private companies comparable to ContourGlobal
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Montana RenewablesUnited StatesWashington, DCPrivate--$2.3B-
Enel Green Power HellasGreeceAthensPrivate--$2.3B-
VerbioGermanyGermanyPublicly listed$1.8B($59M)$2.3B1.2x
EGPE SolarSpainSpainPrivate--$2B-
Auren EnergiaBrazilBrazilPublicly listed$2.6B$673M$2.4B2.9x
Pertamina GeothermalIndonesiaIndonesiaPublicly listed$433M$326M$2.5B5.7x

ContourGlobal Public Comps

ContourGlobal is no longer listed, but its public comps include Ahlatci Doğal Gaz, MedcoEnergi, Central Puerto, GCL System Integration, Sunrun, Nofar Energy, SMA Solar Technology, SolarEdge, Orygen Peru and Rockpoint Gas Storage.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Ahlatci Doğal Gaz$1.1B$107M2.0x-20.6x-
MedcoEnergi$2.4B$1.2B2.2x2.1x4.3x3.9x
Central Puerto$726M$422M3.8x2.6x6.5x6.1x
GCL System Integration$2.3B($43M)1.0x0.8x(53.5x)20.5x
Sunrun$3B$546M6.2x6.0x33.6x25.4x
Nofar Energy$103M$95M49.8x-53.6x-
SMA Solar Technology$1.7B($77M)1.2x1.1x(26.4x)14.3x
SolarEdge$1.2B($365M)1.8x1.6x(5.7x)(86.7x)

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Common questions about ContourGlobal

When was ContourGlobal founded?ContourGlobal was founded in 2005.
Where is ContourGlobal headquartered?ContourGlobal is headquartered in London, United Kingdom.
Is ContourGlobal publicly listed?No, ContourGlobal was acquired by KKR in May 2022.
Who acquired ContourGlobal?ContourGlobal was acquired by KKR in May 2022.
How much was ContourGlobal acquired for?ContourGlobal was acquired for $2.1B in May 2022, a 1.0x revenue multiple.
How much funding has ContourGlobal raised?ContourGlobal has raised $350M across 1 funding round.
What was ContourGlobal's last funding round?ContourGlobal's last funding round was a $350M undisclosed-stage round in October 2025, led by Tyr Energy.
Who are ContourGlobal's investors?ContourGlobal's investors include Tyr Energy.
Which companies are comparable to ContourGlobal?Companies comparable to ContourGlobal include Montana Renewables, Enel Green Power Hellas, Verbio, EGPE Solar, Auren Energia and Pertamina Geothermal.

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