- Companies
- Terega
Terega Valuation, Funding & Investors
Terega is valued at $2.1B as of April 2026.
Last Terega valuation
$2.1B
Secondary · Apr 2026
Key investors in Terega
About Terega
Teréga is a French gas infrastructure company that transports and stores natural gas in France and Europe. It is based in Pau, in the Béarn region.
Founded
1945
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Valuation
$2.1B (Apr 2026)
Sectors
Terega Valuation
Terega is currently valued at $2.1B, based on its secondary sale in April 2026.
The $664M round was led by Enagas.
Terega valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2026 | Secondary | $2.1B |
Terega Funding History
Terega has 1 recorded secondary share sale and no primary funding rounds.
Terega funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2026 | Secondary | Enagas (lead) | $664M | $2.1B | Enagás acquired a 31.5% stake in French gas grid operator Teréga from Singapore's sovereign wealth fund GIC for €573 million. The transaction is expected to close before the end of fiscal year 2026, subject to regulatory approvals. Enagás's acquisition reinforces its position in European gas networks, strengthens cross-border connectivity between Spanish and French gas systems, and supports its strategic pivot toward hydrogen infrastructure. It aligns with Enagás's long-term focus on expanding among European transmission system operators amid energy security challenges. Teréga operates approximately 5,100 km of pipelines, representing 16% of France’s gas transmission grid and 27% of its gas storage capacity, primarily in southwestern France. Enagás simultaneously sold a 40% stake in its subsidiary Enagás Renovable to Hy24 for €48 million, retaining a 20% interest. |
Who has invested in Terega?
1 investor has backed Terega across its funding rounds, including Enagas.
Lead investors include Enagas.
Terega Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Terega investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialTerega Competitors
Terega competitors include listed companies like Dongfang Electronics Co, Dorian LPG, NGL Energy Partners and Kalpataru Projects International, and private ones like Electrify America and IONITY.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.3B | $156M | $2.1B | 1.2x | ||
| Publicly listed | $482M | $281M | $2B | 3.1x | ||
| Publicly listed | $3.2B | $336M | $1.9B | 1.6x | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $2.9B | $242M | $2.5B | 0.8x | ||
| Private | - | - | $2.6B | - |
Terega Public Comps
Terega is still privately-owned, but its public comps include Dongfang Electronics Co, Dorian LPG, NGL Energy Partners, IndiGrid Infrastructure, Kalpataru Projects International, Nanjing Tanker, ACEN, Fluxys Belgium, Esentia Energy and Kenya Pipeline Company.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.3B | $156M | 1.3x | 1.2x | 10.3x | 9.9x | |||
| $482M | $281M | 4.2x | 3.1x | 7.2x | 4.5x | |||
| $3.2B | $336M | 1.9x | 1.6x | 17.8x | 8.4x | |||
| $507M | $344M | 7.6x | 8.8x | 11.2x | 9.8x | |||
| $2.9B | $242M | 0.9x | 0.8x | 10.4x | 9.7x | |||
| $873M | $297M | 2.2x | 2.0x | 6.5x | 4.4x | |||
| $500M | $144M | 9.4x | 7.3x | 32.4x | 30.0x | |||
| $851M | $358M | 2.3x | 2.6x | 5.4x | 5.2x | |||
This data is available for Pro users. Sign up to see all Terega competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Terega
| When was Terega founded? | Terega was founded in 1945. |
| Where is Terega headquartered? | Terega is headquartered in Pau, France. |
| Is Terega publicly listed? | No, Terega is a private, VC-backed company. |
| What is Terega's valuation? | Terega was last valued at $2.1B in its secondary sale in April 2026. |
| Who are Terega's investors? | Terega's investors include Enagas. |
| Which companies are comparable to Terega? | Companies comparable to Terega include Dongfang Electronics Co, Dorian LPG, NGL Energy Partners, Electrify America, Kalpataru Projects International and IONITY. |
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