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05/2024

GREENYELLOW acquired by ARDIAN

FRANCE Energy Services & Technology / Electronic Components EV 1b - 4b EUR

Context

Ardian Infrastructure has acquired a majority stake in GreenYellow, the energy transition subsidiary of the Casino Group. Historical shareholders, including Casino, Tikehau Capital, and Bpifrance, are reinvesting as minority partners. This strategic move aims to transform GreenYellow into a leading independent power producer (IPP), supporting its international expansion and scaling its decentralized solar production and energy efficiency solutions across Europe.

GREENYELLOW, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN.

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

Target

A major player in decentralized energy transition. GreenYellow provides B2B clients with solar self-consumption solutions (photovoltaic) and Energy Performance Contracts (EPC). The company manages the entire value chain, from design and financing to the operation of energy assets.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2021
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2020
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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
02/2023IVYS / ENBRIDGEXEBECCANADAEnergy Services & Technology

The acquisition of Xebec Adsorption Inc. by Ivys, Inc. and Enbridge Inc. is a strategic move to expand the companies' presence in the renewable energy sector. The deal enables Ivys to strengthen its position in the clean energy solutions market, while Enbridge gains access to Xebec's proprietary technologies and expertise in gas generation. The acquisition is expected to drive growth and innovation in the renewable energy sector, with a focus on reducing carbon emissions and promoting sustainable energy solutions. The combined entity will have a robust product portfolio, including hydrogen dispensing infrastructure, DC fast-charging solutions, and industrial gas purification systems. The deal is also expected to enhance the companies' capabilities in addressing the universal challenge of climate change, with a strong commitment to achieving net-zero greenhouse gas emissions by 2050. The acquisition is a testament to the growing demand for clean energy solutions and the importance of strategic partnerships in driving innovation and growth in the sector.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 250M - 500M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of GREENYELLOW by ARDIAN are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: greenyellow

Acquirer: ardian