Reden Solar
About Reden Solar
Reden Solar is a company founded in 2008 was acquired by Macquarie Group in March 2022.. 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 as of December 31, 2020. Reden Solar has completed 1 acquisition, including S.P.V.. Reden Solar offers products and services including Photovoltaic Panels, Solar Plants, and Agrivoltaic Systems. Reden Solar operates in a competitive market with competitors including SPIE, TotalEnergies, Lightsource BP, Qair and NewHeat, among others.
- Employees 25 as on 31 Dec, 2020
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Reden Solar
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Annual Revenue
$13.89 M (USD)60as on Dec 31, 2022
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Net Profit
$5.92 M (USD)-45as on Dec 31, 2022
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EBITDA
$12.48 M (USD)-17as on Dec 31, 2022
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Total Equity Funding
$11.15 M (USD)
in 3 rounds
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Latest Funding Round
$11.15 M (USD), Series B
Mar 04, 2020
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Investors
Crédit Agricole
& 5 more
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Employee Count
25
as on Dec 31, 2020
- Investments & Acquisitions
- Acquired by
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Products & Services of Reden Solar
Reden Solar offers a comprehensive portfolio of products and services, including Photovoltaic Panels, Solar Plants, and Agrivoltaic Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 3
- Last Round Series B — $11.1M
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First Round
First Round
(19 Jun 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Series B - Reden Solar | Valuation |
investors |
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| Jan, 2020 | Amount | Debt – Conventional - Reden Solar | Valuation |
investors |
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| Jun, 2018 | Amount | Debt – Conventional - Reden Solar | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Clean energy investments are managed diversely through funds by MEAG.
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Founded Year | Domain | Location | |
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Private equity and infrastructure fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity and debt investments are managed across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reden Solar
Reden Solar has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include S.P.V.. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Newspapers are published by S.P.V. in Bolzano, Italy.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Reden Solar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reden Solar Comparisons
Competitors of Reden Solar
Reden Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SPIE, TotalEnergies, Lightsource BP, Qair and NewHeat, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
SPIE is recognized as a leading European provider of multi-technical services in energy and communications.
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| domain | founded_year | HQ Location |
TotalEnergies is engaged in producing and marketing multi-energy solutions.
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Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
Solar energy projects are developed by Qair in renewable sector.
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| domain | founded_year | HQ Location |
Solar heat and waste heat recovery solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reden Solar
Frequently Asked Questions about Reden Solar
When was Reden Solar founded?
Reden Solar was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Who is the current CEO of Reden Solar?
Thierry Carcel is the current CEO of Reden Solar.
Is Reden Solar a funded company?
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 19, 2018.
How many employees does Reden Solar have?
As of Dec 31, 2020, the latest employee count at Reden Solar is 25.
What is the annual revenue of Reden Solar?
Annual revenue of Reden Solar is $13.89M as on Dec 31, 2022.
What does Reden Solar do?
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.
Who are the top competitors of Reden Solar?
Reden Solar's top competitors include Lightsource BP, TotalEnergies and SPIE.
What products or services does Reden Solar offer?
Reden Solar offers Photovoltaic Panels, Solar Plants, and Agrivoltaic Systems.
How many acquisitions has Reden Solar made?
Reden Solar has made 1 acquisition, including S.P.V..
Who are Reden Solar's investors?
Reden Solar has 6 investors. Key investors include Crédit Agricole, Macquarie Group, Eurazeo, BCI, and MEAG.
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