OpTerra Energy 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.

OpTerra Energy Group - overview

Location

Westminster, CO, US

Primary Industry

Power & Utilities

About

OpTerra Energy Group delivers innovative energy efficiency solutions, focusing on modernizing public infrastructure and enhancing operational performance through renewable energy technologies and comprehensive facility upgrades. OpTerra Energy Group specializes in enhancing energy efficiency for public infrastructure, including schools and healthcare facilities. The company operates out of Westminster, US. In February 2016, Engie acquired OpTerra Energy Services for an undisclosed amount, marking a strategic shift in its business operations.


OpTerra specializes in providing comprehensive solutions that enhance the efficiency and resilience of public infrastructure and facilities. Their core offerings encompass a wide range of services aimed at modernizing energy systems, including heating and cooling, lighting, control systems, and renewable energy technologies such as solar and geothermal. The company targets various sectors including K-12 schools, community colleges, universities, municipalities, and healthcare facilities, thus serving a diverse customer base that includes government entities at local, state, and federal levels, such as the Department of Defense and the Veterans Administration. The solutions are designed to improve operational performance, ensure energy independence, and bolster community resilience during emergencies.


OpTerra operates in multiple geographical markets across the United States, focusing on both urban and rural communities that require infrastructure support and modernization. OpTerra generates revenue through a model that includes contracts with public institutions and partnerships for facility upgrades and energy solutions. The business transactions involve B2B engagements where the company collaborates directly with government agencies and educational institutions to implement tailored energy efficiency projects. The pricing structure typically varies based on the specific services rendered, such as the installation of advanced heating and cooling systems or renewable energy installations, which are integrated into long-term service agreements.


Given the nature of their offerings, revenue is derived from both upfront project costs and ongoing maintenance fees, ensuring a steady revenue stream from their flagship services. The company's commitment to enhancing community infrastructure is reflected in its engagement with diverse clients across different sectors, thereby solidifying its market position. OpTerra Energy Group is focused on expanding its product offerings and entering new markets. The company is designing new energy efficiency solutions aimed at enhancing public infrastructure, with anticipated launch dates in 2023.


Future expansion plans include targeting additional urban areas across the United States to enhance infrastructure capabilities by 2025. The acquisition by Engie in February 2016 is expected to support these initiatives, providing capital to facilitate the growth of its product lines and market presence.


Primary Industry

Power & Utilities

Sub Industries

Waste Management

Website

www.opterraenergy.com

Verticals

Clean Technology

Company Stage

Acquired

Total Amount Raised

Subscriber access only

OpTerra Energy 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 SaleCompletedOpTerra Energy Group-
Add-onCompletedChevron Energy Solutions-
Add-onCompletedBluestone Energy Services-
Add-onCompletedEnergy Control Inc-
Add-onCompletedAircon Energy, LLC-

Displaying 1 - 5 of 6

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.