Elia Group

Elia is a utility company based in Brussels, Belgium, specializing in the operation and maintenance of high-voltage electricity transmission systems. Founded in 2001, Elia Group owns and develops electric grids primarily in Belgium and Germany, where it generates most of its revenue. The company operates critical infrastructure, including power lines, cables, and transformers, ensuring the reliable transmission of electricity. Elia plays a key role in facilitating energy markets by providing services for long-term, day-ahead, and intraday transactions. Its focus on high-voltage systems positions Elia as a crucial player in the energy sector within Central Europe.

Catherine Vandenborre

CEO Ad Interim and CFO

3 past transactions

Enervalis

Series A in 2020
Enervalis SA/NV specializes in developing Software-as-a-Service (SaaS) solutions and hardware that promote sustainable energy practices for electric vehicles, buildings, and microgrids. Their flagship product, the Smartpower Suite, facilitates the optimization of energy supply, storage, and demand flexibility for electricity producers, distributors, and consumers, enabling them to enhance energy efficiency and generate cost savings. The platform integrates user profiles, energy demands, and predictability of usage patterns with renewable energy sources and charging infrastructure, effectively managing energy flows. Enervalis' solutions also enhance the energy consumption efficiency of buildings by leveraging locally produced green energy and enable local energy trading, which fosters independence from public grids and reduces infrastructure maintenance costs. Founded in 2013 and headquartered in Houthalen-Helchteren, Belgium, Enervalis operates additional offices in Frankfurt, Germany, and Austin, Texas, serving municipalities and businesses in the electric vehicle, construction, and utility sectors both domestically and internationally.

Re.alto

Seed Round in 2019
Re.alto is a developer of an API platform focused on connecting energy data and digital products. The company provides a marketplace for data solutions that facilitates the fluid exchange of information and services within the energy sector. By offering simple integration and direct access to diverse energy assets and data, Re.alto enables businesses to innovate and develop new technologies. The platform aims to support the transition towards a more efficient and decarbonized energy sector, making it easier for companies to leverage energy-related data in their operations.

50Hertz

Private Equity Round in 2018
50Hertz Transmission GmbH operates and maintains the high-voltage electricity transmission grid in northern and eastern Germany, ensuring a reliable power supply for approximately 18 million people. The grid spans about 10,200 kilometers and is integral to the European interconnected system, connecting directly with Poland, the Czech Republic, Denmark, and soon Sweden. The company facilitates the interaction among various electricity market players across the federal states of Berlin, Brandenburg, Hamburg, Mecklenburg-Vorpommern, Saxony, Saxony-Anhalt, and Thuringia. With a commitment to integrating renewable energy, over half of the electricity consumed in its service area comes from sustainable sources, a proportion that continues to grow. Founded in 2002 and based in Berlin, 50Hertz employs around 1,100 individuals across ten locations to maintain the grid, expand infrastructure to meet demand, and ensure the balance between energy consumers and power generators. Originally known as Vattenfall Europe Transmission GmbH, the company rebranded to 50Hertz in January 2010 and operates as a subsidiary of Eurogrid International CVBA/SCRL.
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