Funding round
BNZ Growth
Reported as "Growth Equity"
BNZ, which works in renewable energy project development in Barcelona, raised $744M in a Growth round announced on 23 Oct 2024. 6 firms took part.
$744M
Amount raised
of which $744M debt
Not disclosed
Post-money valuation
6
Investors
no lead named
Valuation
What this round says about the price
BNZ did not disclose a valuation in this round. It is BNZ's first venture round on record, 4 years after it was founded in 2020. No later venture round is on record for BNZ.
BNZ's funding rounds
This is the only venture round on record for BNZ.
- Growth this round 23 Oct 2024 $744M
Investors
Who put money in
6 firms took part; no lead investor was named.
Investors
- European Investment Bank backs 40 venture-backed companies new investor
- ABN AMRO new investor
- Intesa Sanpaolo new investor
- NatWest new investor
- SMBC new investor
- Bankinter new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
10 Growth rounds in Wind Energy Equipment & Services within a year either side disclosed an amount; the median was $191M, and this round was 3.9 times the median. The closest in time, other companies' Growth rounds in Wind Energy Equipment & Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Wind Energy Equipment & Services | 12 May 2025 | $140M | not disclosed | Infranity |
| rPlus Energies Wind Energy Equipment & Services | 22 Feb 2024 | $460M | not disclosed | not named |
| Wind Energy Equipment & Services | 3 Jun 2025 | $62M | not disclosed | Activate Capital and S2G Investments |
| Wind Energy Equipment & Services | 11 Jul 2025 | $71M | not disclosed | not named |
| Wind Energy Equipment & Services | 8 Dec 2023 | $54M | not disclosed | not named |
| NeXtWind Wind Energy Equipment & Services | 6 Nov 2023 | $750M | not disclosed | Sandbrook Capital |
| Enfinity Global Wind Energy Equipment & Services | 4 Sep 2025 | $368M | not disclosed | not named |
| Swift Current Energy Wind Energy Equipment & Services | 4 Sep 2025 | $242M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did BNZ raise in its Growth round?
BNZ raised $744M in its Growth round, announced in Oct 2024.
Which investors took part in BNZ's Growth round?
European Investment Bank, ABN AMRO, Intesa Sanpaolo, NatWest, SMBC and Bankinter.
What was BNZ's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Wind Energy Equipment & Services?
10 Growth rounds in Wind Energy Equipment & Services within a year either side disclosed an amount; the median was $191M, and this round was 3.9 times the median.