About Reden Solar
Reden Solar is an Energy & Utilities company based in Roquefort-la-bedoule (France) founded in 2008, and was acquired by Macquarie Group in March 2022. Developer of solar projects. Reden Solar has raised $11.15 million across 3 funding rounds from investors including Crédit Agricole, Macquarie Group and Eurazeo. The company has 25 employees. Reden Solar has completed 1 acquisition, including S.P.V. Its chief executive, as recorded, is Thierry Carcel. Reden Solar offers products and services including Photovoltaic Panels, Solar Plants, and Agrivoltaic Systems. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include SPIE, TotalEnergies and Qair.
Company details
Reden solar is a solar PV project developer. Also, manufactures ready to use PV module structures with a capacity of 65MW per year and is ISO certified. Offers services for the development of photovoltaic greenhouses with a PV roof. Is involved in designing, construction, operation and maintenance of solar parks and PV shelters. Project portfolio includes a total of 120MW of greenhouses, 63 MW solar parks in operation and construction.
- Headquarters Roquefort-la-bedoule, France
- Employees 25
- Stage Acquired
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website reden.solar
- Social LinkedIn
- Acquired by Macquarie Group (Mar 2022)
- Legal Name Reden Solar
- Annual Revenue$13.89 M (USD)60as on Dec 31, 2022
- Net Profit$5.92 M (USD)-45as on Dec 31, 2022
- EBITDA$12.48 M (USD)-17as on Dec 31, 2022
- Total Equity Funding$11.15M (USD)
in 3 rounds
- Latest Funding Round$11.15M (USD), Series B
Mar 2020
- InvestorsCrédit Agricole
& 5 more
- Employee Count25
- Investments & Acquisitions
- Acquired by
Products & Services of Reden Solar
Reden Solar offers a comprehensive portfolio of products and services, including Photovoltaic Panels, Solar Plants, and Agrivoltaic Systems.
Manufactures panels for generating renewable electricity.
Develops and operates ground-mounted solar facilities.
Combines solar energy with agriculture for dual benefits.
Funding Insights of Reden Solar
Reden Solar has successfully raised a total of $11.15M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.15 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.15M
- Total Rounds 3
- Last Round Series B — $11.15M
- First Round $313.26M
(Jun 2018)
- Investors Count 1
All 3 funding rounds of Reden Solar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $11.15M | Series B | – | – | – |
| Jan 2020 | $50.2M | Debt – Conventional | – | – | |
| Jun 2018 | $313.26M | Debt – Conventional | – | – | – |
6 investors in total: 6 institutional.
Investors in Reden Solar
Reden Solar has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Crédit Agricole, Macquarie Group and Eurazeo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Clean energy investments are managed diversely through funds by MEAG. | meag.com | Munich, Germany | ||
Private equity and infrastructure fund focused on multiple sectors | infraviacapital.com | Paris, France | ||
Private equity and debt investments are managed across multiple sectors. | 1969 | eurazeo.com | Paris, France | |
Crédit Agricole is recognized as a leading banking institution in France. | 1894 | credit-agricole.com | Montrouge, France | |
Diversified investment management is provided across various assets in Canada. | 1999 | bci.ca | Victoria, Canada | |
A global financial services organization with Australian heritage is operated. | 1969 | macquarie.com | Sydney, Australia |
Investor details for Reden Solar
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People of Reden Solar
1 people are tracked at Reden Solar (1 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Thierry Carcel | CEO | Leadership |
Complete people profiles for Reden Solar
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Investments & Acquisitions by Reden Solar
Reden Solar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include S.P.V..
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Newspapers are published by S.P.V. in Bolzano, Italy. | spv-bz.it | Bolzano, Italy | 1999 | Jul 2023 | •••• |
Complete acquisition details for Reden Solar
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Timeline of Reden Solar
6 dated milestones of Reden Solar across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Reden Solar is founded.
- Exit Acquired by InfraVia Capital Partners.
- Funding First funding round of $313.3M.
- Funding Latest funding round, Series B, of $11.1M.
- Exit Acquired by Macquarie Group.
- Acquisition Acquires S.P.V..
Competitors of Reden Solar
Reden Solar has 3 listed competitors in our database. They include SPIE, TotalEnergies and Qair.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spie.com | 1998 | Cergy, France | SPIE is recognized as a leading European provider of multi-technical services in energy and communications. | |||
| totalenergies.com | 1924 | Paris, France | 105,476 | TotalEnergies is engaged in producing and marketing multi-energy solutions. | ||
| qair.energy | 2017 | Montpellier, France | Solar energy projects are developed by Qair in renewable sector. |
Detailed competitors of Reden Solar
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Web traffic of Reden Solar
The website of Reden Solar (reden.solar) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 70.5% vs previous month
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Frequently Asked Questions about Reden Solar
Reden Solar was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Reden Solar is headquartered in Roquefort-la-bedoule, France. It is registered at Roquefort-la-bedoule, Bouches-du-rhone, France.
Thierry Carcel is the CEO of Reden Solar, as recorded in our data.
Reden Solar is a funded company, having raised a total of $11.15M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $313.26M, raised on Jun 2018.
Reden Solar has 25 employees.
Annual revenue of Reden Solar is $13.89M as on Dec 31, 2022.
Reden solar is a solar PV project developer. Also, manufactures ready to use PV module structures with a capacity of 65MW per year and is ISO certified. Offers services for the development of photovoltaic greenhouses with a PV roof. Is involved in designing, construction, operation and maintenance of solar parks and PV shelters. Project portfolio includes a total of 120MW of greenhouses, 63 MW solar parks in operation and construction.
Reden Solar's top competitors include TotalEnergies, SPIE and Qair.
Reden Solar offers Photovoltaic Panels, Solar Plants, and Agrivoltaic Systems.
Reden Solar has made 1 acquisition, including S.P.V.
Reden Solar has 6 investors. Key investors include Crédit Agricole, Macquarie Group, Eurazeo, BCI, and MEAG.
Reden Solar operates through Reden Solar.