Grenergy Renovables
A project developer and an Independent Power Producer (“IPP”) that generates energy through renewable sources.
Launch date
Employees
Market cap
$1.1b
Enterprise valuation
$1.8b (Public information from Sep 2024)
Share price
€35 GRE.MC
Madrid Community of Madrid (HQ)
Financials
Estimates*
| EUR | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 73.4m | 82.5m | 111m | 179m | 343m | 588m | 669m |
| % growth | 2 % | 12 % | 34 % | 62 % | 91 % | 71 % | 14 % |
| EBITDA | 18.7m | 43.0m | 47.6m | 105m | 122m | 222m | 288m |
| % EBITDA margin | 25 % | 52 % | 43 % | 59 % | 35 % | 38 % | 43 % |
| Profit | 15.2m | 16.3m | 10.3m | 51.1m | 65.6m | 105m | 107m |
| % profit margin | 21 % | 20 % | 9 % | 29 % | 19 % | 18 % | 16 % |
| EV / revenue | 14.3x | 12.5x | 10.6x | 9.2x | 5.2x | 3.9x | 4.1x |
| EV / EBITDA | 56.3x | 24.0x | 24.6x | 15.7x | 14.6x | 10.4x | 9.4x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
* | €90.0m | Post IPO Equity | |
* | €147m | Project, real estate, infrastructure finance | |
* | €345m | Post IPO Debt | |
| Total Funding | - | ||