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

Terega Overview

About Terega

Terega develops gas transport and storage infrastructure in its region.


Founded

1945

HQ

FrancePau

Website

terega.fr

Status

Privately held

Customer focus

B2B

Revenue model

Usage-based

Valuation

$2.1B (Apr 2026)

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

Terega valuation by funding round
DateStageValuation
Apr 2026Secondary$2.1B

Terega Funding History

Terega has 1 recorded secondary share sale and no primary funding rounds.

Terega funding rounds

Terega funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2026SecondaryEnagas (lead)$664M$2.1BEnagás 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

Investors in Terega by funding rounds participated
InvestorHQRoundsRoleFirst check

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Terega Competitors

Terega competitors include listed companies like Dongfang Electronics Co, NGL Energy Partners, Genesis Energy and Dorian LPG, and private ones like Electrify America and ABB E-Mobility.

Public and private companies comparable to Terega
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Dongfang Electronics CoChinaChinaPublicly listed$1.2B$155M$2.1B1.2x
NGL Energy PartnersUnited StatesUnited StatesPublicly listed$3.2B$336M$2.1B1.8x
Genesis EnergyUnited StatesUnited StatesPublicly listed$1.6B$537M$1.9B3.3x
Electrify AmericaUnited StatesReston, VAPrivate--$2.5B-
Dorian LPGUnited StatesUnited StatesPublicly listed$482M$281M$2.5B5.0x
ABB E-MobilitySwitzerlandSwitzerlandPrivate--$2.9B-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Dongfang Electronics Co$1.2B$155M1.4x1.2x10.9x10.1x
NGL Energy Partners$3.2B$336M1.9x1.8x18.2x8.8x
Genesis Energy$1.6B$537M3.6x3.3x10.8x10.2x
Fluxys Belgium$855M$368M2.3x2.6x5.4x5.3x
IndiGrid Infrastructure$497M$338M7.6x8.7x11.2x9.7x
Dorian LPG$482M$281M5.8x5.0x10.0x7.6x
Global Partners$19B$379M0.2x0.2x9.9x7.8x
ACEN$502M$145M9.4x7.7x32.4x29.9x

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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, NGL Energy Partners, Genesis Energy, Electrify America, Dorian LPG and ABB E-Mobility.

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