Eneco invests in the German market with acquisition of Nordgröön from Agder Energi

The Dutch energy company Eneco has acquired the company Nordgröön from the Norwegian power utility Agder Energi, thus strengthening its energy management activities in Germany, together with its German subsidiary LichtBlick.

Eneco’s Chief Strategic Growth Officer Kees-Jan Rameau: “Playing a role in the growing and pivotal German market for direct marketing of renewable energy and virtual power plant services is key for Eneco in becoming a leading player in energy management. Nordgrööns networks and client base provide a good basis for these ambitions. In combination with LichtBlick we are now a full-fledged partner for our clients in linking renewables and flex capacity to supply,  thus allowing us to further expand our activities in Germany.”

LichtBlick’s Managing Director Dr. Enno Wolf: ”We are very pleased with the acquisition; Nordgröön is a real gem in the German energy market. Eneco and LichtBlick have ambitious goals for customer growth, building an asset portfolio and providing best in class energy services to customers. Nordgröön is a perfect fit to our joint strategy,”

Nordgröön offers services in energy optimisation, synchronisation and integration of renewable energy sources in Germany. It handles energy sales on behalf of owners of wind turbines, solar power plants and biogas in the German market. The company is located in Medelby in northern Germany, close to the Danish boarder.

A market with exciting opportunities

“We are pleased to have found a buyer for Nordgröön who will develop the company further. We will continue our business activities in Germany with Entelios AG, which manages and optimises power consumption for large energy-intensive industrial companies and provides services to the national grid-companies. We see exciting opportunities to further develop our positions in Germany, at the same time pursuing opportunities in the Norwegian and Nordic market by developing new sustainable services and industries. The sale of Nordgröön is a consequence of setting priorities in a market with many opportunities”, says Anders Gaudestad, Executive Vice President Energy Management and Trading at Agder Energi.

Contact:
Niels Stet
Spokesperson Eneco
Telephone: +31 (0)6 21330026
niels.stet@eneco.com

Anders Gaudestad
Executive Vice President Energy Management and Trading in Agder Energi
Mobile: +47 469 58 588
Mail: anders.gaudestad@ae.no

About Eneco:
Eneco consists of a group of companies active internationally in the field of renewable energy and innovation. Together with our customers, partners and more than 2,800 employees, we work on our mission: sustainable energy for all. We invest in wind farms, biomass plants, heat and solar parks to increase the supply of renewable energy. And we develop innovative products and services so that our customers can control how to generate, store, use or share energy. www.eneco.com 

About Agder Energi:
The Agder Energy Group provide clean energy for a sustainable society, now and into the future. The Group’s activities comprise the generation, distribution and sale of renewable energy, as well as providing energy-related services.  www.ae.no