GreenYellow Acquisition, Valuation, Funding & Investors

GreenYellow was acquired by Ardian for $1.4B in July 2022.

GreenYellow acquisition price

$1.4B

Acquired by Ardian · Jul 2022

GreenYellow EBITDA multiple at acquisition

17.5x

EV/EBITDA · Jul 2022

Cumulative funding GreenYellow raised

$292M

across 2 funding rounds

Key investors in GreenYellow

GreenYellow Overview

About GreenYellow

GreenYellow is a Paris-headquartered energy services provider and Engie subsidiary operating in France, Brazil, and other regions. The company finances and installs rooftop solar photovoltaic systems for commercial and industrial clients, alongside energy efficiency audits and LED lighting upgrades. It manages over 500 megawatts of solar capacity, enabling businesses to generate self-consumed electricity through long-term power purchase agreements.


Founded

2007

HQ

FranceParis

Status

Acquired

Customer focus

B2B

Revenue model

Services

Valuation

$707M (Oct 2018)

GreenYellow Acquisition

GreenYellow was acquired by Ardian for $1.4B on 28 July 2022.

The acquisition price implies a 17.5x EBITDA multiple.

Before the acquisition GreenYellow had raised $292M across 2 funding rounds.

GreenYellow acquisition details
AcquirerDateTypePriceEV/EBITDA
  • Ardian
28 Jul 2022PE buyout$1.4B17.5x

GreenYellow Valuation

GreenYellow is currently valued at $707M, based on its undisclosed-stage round in October 2018.

The $170M round was led by Bpifrance and Tikehau Capital.

GreenYellow valuation by funding round

GreenYellow valuation by funding round
DateStageValuation
Oct 2018Undisclosed stage$707M

GreenYellow Funding History

GreenYellow has raised a total of $292M across 2 funding rounds.

GreenYellow's first fundraising round was a $170M undisclosed-stage round in October 2018. The most recent completed round was a $122M undisclosed-stage round in February 2022.

GreenYellow funding rounds

GreenYellow funding rounds
DateStageInvestorsRaisedValuation
Feb 2022Undisclosed stageFarallon Capital Management (lead)$122M-
Oct 2018Undisclosed stageBpifrance (lead); Tikehau Capital (lead)$170M$707M

Who has invested in GreenYellow?

3 investors have backed GreenYellow across its funding rounds, including Bpifrance, Tikehau Capital and Farallon Capital Management.

Lead investors include Farallon Capital Management, Bpifrance and Tikehau Capital.


GreenYellow Investors

Investors in GreenYellow by funding rounds participated
InvestorHQRoundsRoleFirst check
Tikehau CapitalFranceFrance1LeadOct 2018

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GreenYellow Competitors

GreenYellow competitors include listed companies like REX American Resources and CropEnergies, and private ones like Fervo Energy, LONGi Hydrogen Energy, Yuze Semiconductor and 1Komma5°.

Public and private companies comparable to GreenYellow
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
REX American ResourcesUnited StatesUnited StatesPublicly listed$650M$97M$1.4B1.8x
CropEnergiesGermanyGermanyPublicly listed$5M($41M)$1.4B1.1x
Fervo EnergyUnited StatesHouston, TXPrivate--$1.4B-
LONGi Hydrogen EnergyChinaXi'anPrivate--$1.4B-
Yuze SemiconductorChinaKunmingPrivate--$1.4B-
1Komma5°GermanyGermanyPrivate$598M-$1.4B-

GreenYellow Public Comps

GreenYellow is no longer listed, but its public comps include REX American Resources, CropEnergies, Minera Valparaiso, Premier Energy, Romande Energie, Tamboran Resources, Inox Wind, Econergy, Birlesim Grup Enerji and Shikun & Binui Energy.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
REX American Resources$650M$97M1.8x1.8x11.9x-
CropEnergies$5M($41M)270.8x1.1x(35.0x)12.2x
Minera Valparaiso$1.6B$630M3.2x-8.1x-
Premier Energy$2B$193M0.9x0.9x9.2x9.2x
Romande Energie$960M$231M1.9x1.9x7.9x9.4x
Tamboran Resources-($41M)-109.3x(35.9x)(74.1x)
Inox Wind$439M$100M3.7x3.0x16.4x15.1x
Econergy$11M($64M)205.8x-(34.8x)-

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Common questions about GreenYellow

When was GreenYellow founded?GreenYellow was founded in 2007.
Where is GreenYellow headquartered?GreenYellow is headquartered in Paris, France.
Is GreenYellow publicly listed?No, GreenYellow was acquired by Ardian in July 2022.
Who acquired GreenYellow?GreenYellow was acquired by Ardian in July 2022.
How much was GreenYellow acquired for?GreenYellow was acquired for $1.4B in July 2022.
What is GreenYellow's valuation?GreenYellow was last valued at $707M in its undisclosed-stage round in October 2018.
How much funding has GreenYellow raised?GreenYellow has raised $292M across 2 funding rounds.
What was GreenYellow's last funding round?GreenYellow's last funding round was a $122M undisclosed-stage round in February 2022, led by Farallon Capital Management.
Who are GreenYellow's investors?GreenYellow's investors include Tikehau Capital, Bpifrance and Farallon Capital Management.
Which companies are comparable to GreenYellow?Companies comparable to GreenYellow include REX American Resources, CropEnergies, Fervo Energy, LONGi Hydrogen Energy, Yuze Semiconductor and 1Komma5°.

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