# Zelestra

**Source:** https://www.startuphub.ai/startups/zelestra
**Profile type:** Startup

> A global, multi-technology, customer-focused renewable energy company.

## About

Zelestra is a renewable energy company focused on developing and operating solar projects. They recently secured a significant green financing credit facility for two large solar projects in Texas, Echols Grove (252 MW) and Cedar Range (187 MW). These projects are backed by long-term power purchase agreements (PPAs) with Meta and are currently under construction. Zelestra has a total of seven projects with PPAs with Meta.

## Key facts

- **Slug:** zelestra
- **Location:** Madrid, Spain
- **Operating status:** Active
- **Total funding:** $600M
- **Sectors / tags:** Renewable Energy, Solar Energy, Fintech, Green Finance

## Frequently asked

### What does Zelestra do?

Zelestra is a renewable energy company focused on developing and operating solar projects. They recently secured a significant green financing credit facility for two large solar projects in Texas, Echols Grove (252 MW) and Cedar Range (187 MW). These projects are backed by long-term power purchase agreements (PPAs) with Meta and are currently under construction. Zelestra has a total of seven projects with PPAs with Meta.

### What is Zelestra's revenue?

StartupHub estimates Zelestra's annual revenue at $132.8M (range $36.1M to $381.0M, 31% confidence), based on comparable companies in the sector.

### What is Zelestra's valuation?

StartupHub estimates Zelestra's effective valuation at $2.3B (range $1.5B to $3.6B, 22% confidence), based on comparable companies in the sector.

### How much funding has Zelestra raised?

Zelestra has raised a total of $600M in funding. The most recent round on record is Funding Round.

### Where is Zelestra headquartered?

Zelestra is headquartered in Madrid, Spain.

### What industry does Zelestra operate in?

Zelestra operates in Renewable Energy, Solar Energy, Fintech, Green Finance.

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