ConEnergy

Hamburg, Germany Founded: 1998 • Age: 28 yrs Acquired By Green Investment Group
Solar projects are developed, financed, and maintained globally.

About ConEnergy

ConEnergy is an Energy & Utilities company based in Hamburg (Germany) founded in 1998, and was acquired by Green Investment Group in August 2018. Solar projects are developed, financed, and maintained globally. ConEnergy has completed 2 acquisitions, including Dankoff Solar Products and Dankoff Solar Pumps. Its Indian entity Conergy Energy Systems (India) Private Limited reported revenue of β‚Ή6.95 Cr. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include HH2E, Fichtner and metergrid; 2 of its 3 listed competitors have raised funding.

Company details

ConEnergy was founded in 1998 in Hamburg, Germany, within the renewable energy sector. Solar farms are developed, financing options are arranged, and engineering, procurement, and construction services are provided. Operations and maintenance are managed, alongside monitoring services. Presence is maintained in over 15 countries worldwide. More than 1 gigawatt of renewable energy has been deployed in the last 10 years, including 400 megawatts.

Key Metrics
  • Indian entity revenue
    ₹6.95 Cr

    FY 2016 · +68% YoY

  • Indian entity net profit
    ₹1.99 Cr

    FY 2016 · 29% margin

  • Indian entity EBITDA
    ₹3.15 Cr

    FY 2016 · 45% margin

  • Investors
    RWE

    & 4 more

  • Investments & Acquisitions
  • Acquired by
    Green Investment Group

    & 1 more

    (Aug 2018)

Funding Insights of ConEnergy

  • Total Rounds 1
  • Investors Count 2

All 1 funding rounds of ConEnergy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2015Private Equity Round––
Valuation history

5 investors in total: 5 institutional.

Investors in ConEnergy

ConEnergy has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include RWE, Tennenbaum Capital Partners and Kawa.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Infrastructure funds are focused on green and sustainable energy sectors.
2012greeninvestmentgroup.comEdinburgh, United Kingdom
Diversified investment management is provided by Kawa firm.
1997kawa.comAventura, United States
Electricity generation, renewable energy, and natural gas services are provided.
1898rwe.comEssen, Germany
A diversified portfolio of investment management services is offered.
1996tennenbaumcapital.comSanta Monica, United States
Private debt firm providing senior debt & mezzanine financing
2013goldmansachsbdc.comNew York, United States
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Investor details for ConEnergy

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  • Round participation
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Board of directors of Conergy Energy Systems (India) Private Limited (ConEnergy)

Conergy Energy Systems (India) Private Limited is the primary company behind ConEnergy. The board of Conergy Energy Systems (India) Private Limited currently have 2 directors; the longest-serving is Srinivasan Ramamoorthy Chandilya, appointed in 2014. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srinivasan Ramamoorthy Chandilya
DIN 03008206
Additional Director17 Jan 201412 yrs 9 moConergy Energy Systems (India) Private Limited
Ramar Narendran
DIN 07124125
Additional Director12 Oct 201610 yrsConergy Energy Systems (India) Private Limited

Financials of ConEnergy

Figures of Conergy Energy Systems (India) Private Limited, the primary company behind ConEnergy, for FY 2016. Revenue was ₹6.95 Cr (+68% year on year). Net profit was ₹1.99 Cr (29% margin). EBITDA was ₹3.15 Cr (45% margin).

  • ₹6.95 CrRevenue · FY 2016 · +68% YoY
  • ₹1.99 CrNet profit · 29% margin
  • ₹3.15 CrEBITDA · 45% margin
  • ₹47.33 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Conergy Energy Systems (India) Private Limited are on its company page.

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Detailed financial statements for ConEnergy

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Investments & Acquisitions by ConEnergy

ConEnergy has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dankoff Solar Products and Dankoff Solar Pumps.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Solar-powered water pumping systems are manufactured for off-grid applications.
dankoffsolar.comSanta Fe, United States1999Jan 2005β€’β€’β€’β€’
Solar-powered water pumps are supplied for remote and disaster applications.
dankoffsolarpumps.comSanta Fe, United States1983Jan 2005β€’β€’β€’β€’
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Complete acquisition details for ConEnergy

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of ConEnergy

6 dated milestones of ConEnergy across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded ConEnergy is founded.
  2. Acquisition Acquires Dankoff Solar Pumps.
  3. Acquisition Acquires Dankoff Solar Products.
  4. Funding First funding round.
  5. Exit Acquired by Tennenbaum Capital Partners.
  6. Exit Acquired by Green Investment Group.

Competitors of ConEnergy

ConEnergy has 3 listed competitors in our database, 2 of them funded. They include HH2E, Fichtner and metergrid.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
hh2e.de2021Hamburg, Germany$6.13M
Solar and wind energy projects are developed across various sites.
fichtner.de1922Stuttgart, Germany
Fichtner is recognized as a leading independent engineering and consulting firm focused on energy and infrastructure projects worldwide.
metergrid.de2019Korntal Munchingen, Germany$2.86M
Developer of solar energy projects
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Detailed competitors of ConEnergy

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Web traffic of ConEnergy

Websites that share an audience with ConEnergy (conergy.com).

Similar websites

Websites whose visitors overlap most with ConEnergy. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
solarworld.de
100%
View details
bp.com
100%
2.2M#24,460View details
alfanap.hu
100%
View details
suntech-power.com
100%
9K#2,555,169View details
q-cells.com
100%
2.5K#7,459,844View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for ConEnergy

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Conenergy

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Complete news archive for ConEnergy

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Frequently Asked Questions about ConEnergy

ConEnergy was founded in 1998 and raised its 1st funding round 17 years after it was founded.

ConEnergy is headquartered in Hamburg, Germany. It is registered at Hamburg, Hamburg, Germany.

The primary company behind ConEnergy, Conergy Energy Systems (India) Private Limited, reported revenue of β‚Ή6.95 Cr for FY 2016, up 68% year on year.

ConEnergy was founded in 1998 in Hamburg, Germany, within the renewable energy sector. Solar farms are developed, financing options are arranged, and engineering, procurement, and construction services are provided. Operations and maintenance are managed, alongside monitoring services. Presence is maintained in over 15 countries worldwide. More than 1 gigawatt of renewable energy has been deployed in the last 10 years, including 400 megawatts.

ConEnergy's top competitors include HH2E, metergrid and Fichtner.

ConEnergy has made 2 acquisitions, including Dankoff Solar Products, and Dankoff Solar Pumps.

ConEnergy has 5 investors. Key investors include RWE, Tennenbaum Capital Partners, Kawa, Green Investment Group, and Goldman Sachs BDC.

ConEnergy operates through Conergy Energy Systems (India) Private Limited.

Yes. ConEnergy was acquired by Green Investment Group in August 2018.

The legal entities of ConEnergy currently have 3 directors, including Srinivasan Ramamoorthy Chandilya, Ramar Narendran, S Manishankar.

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