BluEarth Renewables Inc.
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BluEarth Renewables Inc. - overview
Established
2010
Location
Calgary, AB, Canada
Primary Industry
Renewable Energy
About
BluEarth Renewables Inc. is a Canadian renewable energy company focused on developing, operating, and managing renewable energy facilities, with an emphasis on wind and solar energy solutions. Founded in 2010 and headquartered in Calgary, Canada, BluEarth Renewables specializes in renewable energy projects. The company has been involved in 4 notable deals, with its latest funding round being a GROWTH round that raised CAD 81.
00 mn from investors including ARC Financial and Teachers' Private Capital. Grant Arnold serves as the CEO. BluEarth Renewables specializes in the development, operation, and management of renewable energy facilities, focusing on wind and solar energy. The company currently operates over 756 MWAC of renewable energy and is advancing more than 4 GW in development projects, providing services to utilities, municipalities, and private corporations across Canada and the United States.
BluEarth Renewables generates revenue through long-term power purchase agreements (PPAs) with utilities and corporate buyers, ensuring stable revenue through fixed pricing. The company also supports an additional 300 MW of wind and solar projects across North America, reinforcing its market position and contributing to its revenue model. BluEarth Renewables intends to leverage its recent GROWTH round funding of CAD 81. 00 mn to support expansion into new markets and enhance its project portfolio.
The company is exploring opportunities to launch new renewable energy solutions, aiming for a strategic increase in operational capacity by 2025. In June 2015, Teachers' Private Capital acquired ARC Financial Corp's stake in the company, facilitating further growth initiatives.
Primary Industry
Renewable Energy
Sub Industries
Wind Power, Solar Power, Hydro Power
Website
www.bluearthrenewables.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
BluEarth Renewables Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | BluEarth Renewables Inc. | - | ||||||||
| Trade Sale | Completed | BluEarth Renewables Inc. | - | ||||||||
| Add-on | Completed | SparkleLight | - | ||||||||
| Growth | Completed | BluEarth Renewables Inc. | - | ||||||||
| Add-on | Completed | Good Light | - |
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