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Solar Valuation Multiples (2026)
EBITDA & revenue sale multiples, deal flow, and active acquirers - based on 43real disclosed M&A transactions in the solar space. Run the calculator below to price your business at current multiples.
State of SolarM&A in 2026
The solar M&A market is tracked across 43 disclosed transactions in the ExitValue.ai database (27 with EBITDA disclosed, 39 with revenue). The current market trend is growing.
Active acquirers include La Caisse de dépôt et placement du Québec, Nextpower Inc., TPG Global, LLC, Nayax Ltd.. Recent named transactions: Boralex Inc. (2026); Zimmermann PV-Steel Group (2026); Innergex Renewable Energy Inc. (2025).
Source: SEC filings, EDGAR 8-K/S-4, and verified press releases. Run the calculator below to see the specific multiples that apply to your business.
Recent named M&A deals in solar
Most-recent disclosed transactions. Click any deal for full detail (multiples, financials, source).
Sourced from SEC filings, EDGAR 8-K/S-4, and verified press releases.
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Solar valuation: common questions
How is a solar business valued?
Solar businesses are valued by benchmarking against comparable completed M&A transactions, then adjusting for the specific business. Owner-operator practices are typically priced on an earnings or seller-discretionary-earnings basis, while businesses at platform scale shift toward institutional earnings-multiple methodology. The ExitValue.ai engine selects the methodology that the comparable deal set actually used and adjusts for margin quality, growth, owner dependency, customer concentration, and recurring-revenue mix.
What drives solar valuation?
The biggest value levers in solar are recurring or repeat revenue, owner independence (the business runs without the founder), customer diversification (no single client dominates), a credible growth trajectory, and operating-margin quality relative to the vertical.
How many solar M&A deals are tracked?
ExitValue.ai tracks 43 disclosed solar M&A transactions, 27 with EBITDA disclosed, 39 with revenue disclosed, sourced from SEC filings, EDGAR 8-K/S-4 documents, and verified press releases and refreshed daily. Current market trend: growing.
Who buys solar businesses?
Solar businesses are acquired by strategic acquirers (larger operators in the same space), and private-equity platforms and roll-up consolidators, and unknown. Recent named acquirers include La Caisse de dépôt et placement du Québec, Nextpower Inc., TPG Global, LLC, Nayax Ltd..
What is my solar business worth?
Run the ExitValue.ai solar calculator to see your business priced against the 43 disclosed solar transactions in the database. The engine applies adjustments for margin, growth, owner dependency, customer concentration, and recurring revenue mix to produce a tight range around the most-likely transaction value.
Methodology details: how ExitValue computes valuation ranges · full solar calculator