VoltaGrid
ConvictionContext
Owns and operates modular gas-fired generation fleets under multi-year contracted power agreements (power-as-a-service) for data centers, oilfield electric-frac, and industrial customers; vertically integrating manufacturing via the Propell acquisition
Revenue
not disclosedBloomberg-reported trajectory of ~$1.1B annual EBITDA by 2028, a more-than-fivefold increase from 2024 (implying roughly $200M 2024 EBITDARev growth
not disclosedorder book grew from a 4.3+ GW fully contracted plan through 2028 at Nov 2025 to a ~7.5 GW order book through 2030 by May 2026Gross margin
not disclosedOp margin
not disclosedCapex intensity
Very high - $1.9B+ capital deployed to datethe $5.0B Nov 2025 package funds growth, refinances existing debt, and accelerates the 4.3+ GW fully contracted deployment plan through 2028Valuation
~$10B+ post-moneystrategic equity round led by Blackstone Tactical Opportunities with Halliburton, May 2026; Bloomberg reported Blackstone was ~90% of the roundValuation trail
$10B2.5× since 2025
3 marks · 2025–May 2026
private — no public price
Priced round Secondary / SPAC mark
Only the May 2026 round is a confirmed priced equity event with disclosed structure; the 2025 ~$4B figure is a press-reported mark whose round structure was not publicly detailed, and the Feb 2026 point reflects a reported process valuation rather than a closed transaction. Private-company marks; not audited.
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Full financial intelligence for VoltaGrid
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07· sign in (free) for the analyst summary; Pro unlocks full intelligence