Eranove
Eranove engages in electricity and water production and public service management.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $250m | Growth Equity non VC | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2019 | 2020 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 15 % | 6 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 20 % | 25 % | 26 % | 24 % | 26 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 8 % | 10 % | 8 % | 8 % | 10 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Eranove is a prominent industrial group operating across Africa, specializing in the management of public utilities and the independent production of electricity and water. The company serves a diverse range of clients, including governments, businesses, and residential customers, ensuring access to essential services such as electricity and drinking water. Eranove operates in the energy and water sectors, focusing on hydroelectric, gas, steam, and solar power solutions. The business model revolves around securing long-term concession agreements and investments to expand and maintain its infrastructure, thereby generating revenue through the sale of electricity and water services. Eranove's recent projects include the expansion of gas and steam turbine facilities in Côte d'Ivoire and the development of solar mini-grid projects in the Democratic Republic of Congo. With over 9,000 employees, the company is committed to sustainable development and improving the quality of life for millions of Africans.
Keywords: public utilities, electricity production, water services, hydroelectric solutions, gas turbines, steam turbines, solar power, infrastructure investment, sustainable development, Africa.