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

4 past transactions

AE Solar Horizon

Seed Round in 2022
AE Solar Horizon operates as a manufacture of solar PV panels.

Enervalis

Series A in 2020
Enervalis is a software development company that specializes in sustainable energy solutions for electric vehicles, buildings, and microgrids. Its innovative energy management platform monitors various energy sources and user behavior, utilizing advanced technologies such as artificial intelligence and big data to predict future energy demand and supply. The platform optimizes energy efficiency by providing insights into energy flows and maintenance needs, allowing for the integration of locally-produced renewable energy from sources like solar, wind, and geothermal. Furthermore, Enervalis enables users, including electricity producers and storage providers, to manage their energy consumption effectively through a centralized dashboard, which helps reduce excess energy usage and lower energy costs. By promoting the efficient distribution of energy, Enervalis contributes to a more sustainable energy ecosystem.

Re.alto

Seed Round in 2019
Re.alto is a startup emerging from the Elia Group, a transmission system operator in Belgium and Germany. Launched in 2020, the company operates a marketplace for the exchange of data and services within the energy sector. Re.alto focuses on its Connect product, which facilitates data exchange and connectivity for various energy devices. Targeting B2B players in renewable energy generation and home energy management across Germany, the United Kingdom, France, the Netherlands, and Belgium, the company aims to connect a diverse range of electrical vehicles, solar panels, batteries, and energy meters. Re.alto normalizes and aggregates data from different brands and types of devices and provides connections to optimization services, onboarding, consent management, and dashboarding. Essentially, it serves as a data backbone for energy devices, enabling businesses to innovate and enhance efficiency in the decarbonized energy sector.

50Hertz

Private Equity Round in 2018
50Hertz Transmission GmbH is a high-voltage energy network operator based in Berlin, Germany, responsible for the operation, maintenance, planning, and expansion of the power transmission grid in northern and eastern Germany. Serving approximately 18 million people, the company manages a transmission grid that spans about 10,200 kilometers. It plays a crucial role in ensuring the reliable supply of electricity by coordinating the interaction of various market players and maintaining the electrical balance between consumers and generators. With a significant focus on integrating renewable energy, over half of the annual average electricity consumption in its grid area is derived from renewable sources, a figure that continues to grow. Approximately 1,100 employees work across ten locations to ensure continuous electricity flow in regions including Berlin, Brandenburg, Hamburg, Mecklenburg-Vorpommern, Saxony, Saxony-Anhalt, and Thuringia. The grid is also interconnected with neighboring countries such as Poland, the Czech Republic, and Denmark, further enhancing its operational capabilities.
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