Elia Group

Elia Group is a utility company based in Brussels, Belgium, specializing in the operation and development of high-voltage electricity transmission systems in Central Europe. Founded in 2001, Elia Group serves as the electricity transmission system operator in Belgium and Germany, where it manages critical infrastructure including power lines, cables, and transformers. The company generates most of its revenue from providing electric grid usage in these two countries, which also host the majority of its infrastructure investments. In its role, Elia Group facilitates various energy markets, including long-term, day-ahead, and intraday trading, contributing significantly to the stability and efficiency of the electricity supply in the regions it serves.

Catherine Vandenborre

CEO Ad Interim and CFO

3 past transactions

Enervalis

Series A in 2020
Enervalis develops software that provides sustainable energy solutions for electric vehicles, buildings, and microgrids. The platform monitors available energy sources and users, and can predict future demand and supply of energy through ]weather forecasting, input from users, AI, and big data. Using this information it then distributes the energy to meet the needs of users.

re.alto energy

Seed Round in 2019
re.alto is a startup originating from the Elia Group, TSO in Belgium and Germany. In 2020, we launched our Marketplace for the exchange of data and services in the energy sector. Currently, we’re working on our Connect product, facilitating data exchange and connectivity for energy devices. Our initial focus is on the B2B players active in renewable energy generation and home energy management in Germany, United Kingdom, France, The Netherlands and Belgium. No matter what electrical vehicle is charging, what solar panel, batteries or energy meter is installed, we’re connecting all brands and types, normalising, aggregating, steering. On the other end we connect with optimization services, facilitate onboarding and consent management processes, provide dashboarding and alerting. We’re a data backbone for energy devices so to say.

50Hertz

Private Equity Round in 2018
50Hertz is a high-voltage energy network operator. They operate the transmission grid in northern and eastern Germany and secure the electricity supply for around 18 million people. The 50Hertz extra high voltage grid has a circuit length of about 10,200 kilometers – that is the distance from Berlin to Rio de Janeiro. 50Hertz operates lines, cables and substations through efficient maintenance, expands its grid to meet demand and ensures the electrical balance between energy consumers and power generators. 50Hertz is a leader in the secure integration of renewable energies: More than half of the annual average consumption in their grid area comes from renewable sources - and it is constantly growing. Around 1,100 employees at ten locations ensure that electricity flows around the clock in Berlin, Brandenburg, Hamburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia. The 50Hertz transmission grid is part of the European interconnected grid and is directly connected to neighbouring countries Poland, the Czech Republic, Denmark and in the near future also Sweden.
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