Greenko Group

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Greenko Group - overview

Established

2006

Location

Hyderabad, Telangana, India

Primary Industry

Renewable Energy

About

Based in India, Greenko Group PLC specializes in renewable energy generation, focusing on solar, wind, and hydro power solutions, providing sustainable energy for various sectors. Founded in 2006 in Hyderabad, India, Greenko Group PLC operates in the renewable energy sector, offering dispatchable energy solutions. The company was formed through the efforts of management and has successfully completed 13 deals to date. The latest funding round was a Trade Sale, raising GBP 162.


80 mn, sourced from GIC. The total amount raised by the firm stands at GBP 162. 80 mn. Greenko Group specializes in renewable energy generation with a robust portfolio that includes solar, wind, and hydro power solutions, complemented by advanced energy storage capabilities.


The company's core product offerings focus on the provision of dispatchable renewable energy, ensuring a reliable supply for various end-users, including residential households and industrial consumers. Their innovative cloud storage solutions enhance energy management, optimizing systems and facilitating deep decarbonization. Greenko's initiatives aim to electrify households across India and contribute to national sustainability goals. Greenko Group generates revenue through partnerships and direct transactions with clients, including government entities and private sector companies in the energy sector.


They utilize long-term power purchase agreements (PPAs), ensuring predictable revenue streams as they supply renewable energy solutions. They also engage in sustainable finance initiatives to attract eco-friendly investments, enhancing financial stability. Their flagship offerings, including advanced energy storage solutions and the largest pumped storage project, significantly contribute to their overall financial performance. Greenko Group plans to design and launch new products that align with evolving market demands, although specific release dates have not been disclosed.


The company aims to expand into new markets, with a particular focus on further penetrating the Indian energy sector. Recent funding will support these initiatives, enhancing their capacity to deliver renewable solutions effectively. In November 2007, Greenko raised EUR 45 mn in an IPO, reflecting their commitment to securing investment for future growth.


Primary Industry

Renewable Energy

Sub Industries

Hydro Power, Solar Power, Wind Power

Website

www.greenkogroup.com

Verticals

Clean Technology

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Greenko Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedPoovani Wind Farm-
Trade SaleCompletedGreenko Group-
PIPECompletedGreenko Group-
Private Placement/Follow onCompletedGreenko Group-
PIPECompletedGreenko Group-

Displaying 1 - 5 of 14

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.