Sorgenia

What Sorgenia does

Sorgenia S.p.A. is an Italian integrated energy operator founded in 1999 and headquartered in Milan, producing and retailing electricity and natural gas across Italy and Spain. The company owns and operates a diversified generation fleet comprising four combined cycle gas turbine (CCGT) plants (3,170 MW), photovoltaic capacity of nearly 1,000 MW in Italy following the December 2025 EF Solare integration (plus 320 MW in Spain), 350 MW of wind, and 70 MW of bioenergy, supplemented by a 50% stake in Tirreno Power. Sorgenia retails electricity and gas to over 1 million residential and business customers through a digital-first platform (MySorgenia app, website, phone) with dedicated enterprise sales and a Würth-led installer network for photovoltaic, and bundles connectivity via Open Fiber.

The business model combines commodity retail (multiple Next Energy fixed and indexed offers, Placet regulated offers, Servizio a Tutele Graduali) with value-added services including Beyond Energy consumption analytics, Carbon Footprint and Check-up Energetico tools, residential photovoltaic and heat pumps under the Raggio Verde formula, EV charging via the MyNextMove app, and Renewable Energy Communities. Revenue streams span subscription-based electricity and gas sales (~5,000 GWh and ~350 million Smc annually), one-time photovoltaic installation revenue, and subscription add-ons for fiber and e-mobility. Pricing is publicly disclosed (e.g., Next Energy Smart at €0.126/kWh electricity and €0.47/Smc gas with a €100 dual-fuel discount). The group is privately held by F2i Sgr (62%) and Sixth Street (38%), and reported FY2024 revenues of €3.8 billion (+23% YoY) with EBITDA of €302.4 million (+67% YoY).

Name

Sorgenia

Legal name

Sorgenia S.p.A.

Website

https://sorgenia.it

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Short description

Sorgenia is a privately held Italian integrated energy operator producing and retailing electricity, natural gas, and renewable energy to over 1 million residential and business customers through a diversified CCGT, solar, wind, and bioenergy fleet exceeding 6 GW.

Ownership category

akta.pro rank

Product category

Retail Electricity and Gas Supply

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Fossil Fuel Electric Power Generation (221112)

SIC

Cogeneration Services & Small Power Producers (4991), Engines & Turbines (3510)

akta.pro primary industry

Auxiliary Systems EPC (Station Service, HVAC, Fire Protection, Security) (EUAEADAK)

akta.pro secondary industries

Microgrid Development, EPC & Integration (EUAMAJAB), Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ), Interconnection, Permitting & Grid Services for DERs (EUAMAJAH)

Keywords

• Electricity generation
• Natural gas supply
• Renewable energy
• Photovoltaic installations
• Energy retail

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Electricity Sales: Sale of electricity to residential and business customers across Italy. Sorgenia sells over 5,000 GWh of electricity annually to end customers.
2. Natural Gas Sales: Sale of natural gas to residential and business customers. Approximately 350 million cubic meters of gas sold annually to end customers.
3. Photovoltaic Solutions: Sale and installation of photovoltaic systems for residential and business customers, including agrivoltaic solutions. Revenue from system sales, installation services, and ongoing energy management.
4. Fiber Services: Bundled fiber optic connectivity services offered in partnership with Open Fiber, providing ultra-fast internet alongside energy services.
5. Energy Efficiency Services: Services including Beyond Energy consumption monitoring, Carbon Footprint calculation, Energy Check-up, and heat pump solutions for residential and business customers.
6. E-Mobility Services: MyNextMove app and charging station services for electric vehicles, including RFID card for offline charging.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Sorgenia is an Italian vertically integrated energy company that generates electricity from combined cycle gas turbines and renewable sources (photovoltaic, wind, biomass) and sells electricity and natural gas to over 1 million residential and business customers across Italy. The company also offers photovoltaic system installations, heat pumps, EV charging stations and the MyNextMove charging app, fiber internet connectivity in partnership with Open Fiber, battery energy storage systems (BESS) for grid stability, and energy management digital services such as Beyond Energy consumption monitoring and the MySorgenia app.

Product overview

Sorgenia is a diversified Italian energy company offering an integrated portfolio of products and services for both residential and business customers. The core offerings include multiple electricity and gas plans under the Next Energy brand (Smart, Sunlight, Ventiquattro, 48, 01, 02), Placet regulated offers, and business solutions (Next E-Business, Impresa, Borsa Più). The product ecosystem extends to digital services through the MySorgenia App and MyNextMove EV charging app, along with sustainability tools (Beyond Energy, Carbon Footprint Calculator, Check-up Energetico). Green technology offerings include residential photovoltaic systems, heat pumps, EV charging stations, and Renewable Energy Communities. The company also provides fiber internet through Open Fiber partnership, battery storage solutions (BESS), and agrivoltaic systems. All offerings are supported by the Community Greeners loyalty program.

Differentiator

Problem solved

Functional benefit

Brands

• Next Energy Smart: Fixed price electricity and gas offer for residential customers
• Next Energy Sunlight
• Next Energy Ventiquattro
• Placet
• MySorgenia
• Greeners
• MyNextMove
• Beyond Energy
• Community Greeners
• Raggio Verde
• Sorgenia UP
• Energy Multifactory

Products and services

• Next Energy Smart Fixed-price dual electricity and gas residential offer providing price stability for 12 months, with Luce at 0.126 €/kWh and Gas at 0.47 €/Smc and a 100 EUR discount for combined electricity and gas subscription.
• Next Energy Sunlight Residential electricity and gas offer available in both fixed-price and indexed variants, marketed toward solar-oriented customers.
• Next Energy Ventiquattro Residential 24-hour electricity offer available in fixed and indexed pricing variants.
• Placet Regulated-market electricity and gas offer compliant with ARERA guidelines, available in fixed and indexed variants for residential customers.
• Next E-Business Electricity and gas offer for business professionals and SMEs, available in fixed and indexed pricing variants.
• Impresa (Luce/Gas) Electricity and gas offers for small and medium enterprises with Fix, Flexi, and Smart pricing structures.
• Borsa Più Business electricity offer with market-based pricing tied to exchange dynamics.
• Servizio a Tutele Graduali Gradual protection service providing transitional supply support for customers moving from the regulated market to the free Italian energy market.
• Residential Photovoltaic Systems End-to-end residential solar photovoltaic installations with optional battery storage, heat pumps, and EV charging stations, distributed through a certified installer network.
• Residential Heat Pumps Residential heat pump solutions for space heating and cooling, offered as part of integrated green technology home solutions.
• Residential EV Charging Stations Residential electric vehicle charging station hardware and installation services, typically integrated with residential photovoltaic systems.
• Renewable Energy Communities (REC) Community energy programs enabling participants (households, businesses, and public administrations) to share locally produced renewable energy.
• Fiber Internet Offers FTTH fiber-optic internet offers bundled with electricity and gas services, provided through partnership with Open Fiber.
• Battery Energy Storage Systems (BESS) - Energy Multifactory Large-scale battery energy storage systems integrated with combined cycle power plants (Energy Multifactory concept) to store energy during low demand and release during peak times, enhancing grid stability.
• Agrivoltaic Solutions Agrivoltaic systems that integrate agricultural production with elevated solar photovoltaic panels, with advanced monitoring sensors and water-saving configurations, allowing simultaneous farming and energy generation.
• MyNextMove EV Charging App Mobile application for finding and using EV charging stations across Italy, with RFID-based offline charging capability. Launched in 2020 as Sorgenia's entry into e-mobility and named Prodotto dell'Anno 2025.
• MySorgenia Mobile App Mobile application for iOS and Android enabling customers to manage energy contracts, monitor consumption, participate in sustainability initiatives, and access Sorgenia services. Launched in 2022 in version 2.0 as the first Sorgenia app co-created with customers.
• Beyond Energy Consumption Monitoring Energy consumption monitoring service that analyzes household energy usage without requiring device installation, providing personalized recommendations for reducing consumption and bills. Launched in 2021.
• Carbon Footprint Calculator Online tool that estimates a household's or individual's environmental impact through a short questionnaire and provides practical recommendations to reduce carbon footprint.
• Check-up Energetico Energy assessment service that analyzes residential building characteristics via a simple questionnaire to identify optimal solutions for bill savings and environmental impact reduction.
• Energy Release 2.0 (Multi-year Energy Agreement) Multi-year energy supply agreement providing 300 GWh and 25 MW of renewable energy to energy-intensive businesses, supporting both competitiveness and the development of new renewable capacity.

Quantifiable outcome

• 563,495 tons of CO2 avoided annually
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered minor, strategic, core and flagship.

• SAFE (Scuola di Alti Studi Fermi)minorStrategic or Co-development Partner · 1 January 2026Partnership for training future leaders of energy transition through the master in Energy Resource Management.
• ENEAstrategicStrategic or Co-development Partner · 1 January 2025Collaboration on comparative studies of agrivoltaic systems including experimental hub at Scalea with advanced monitoring technologies.
• Nidec Conversion EnergycoreTechnology or Integration · 1 January 2024Partnership for energy storage systems (BESS) installation at Termoli and Bertonico power plants, transforming them into Energy Multifactory facilities.
• WürthstrategicChannel Partner/ Reseller/ Distributor · 1 January 2024Partnership to expand services for the network of installers of photovoltaic and energy efficiency solutions.
• TelePassminorGTM or Marketing Partner · 1 January 2024Partnership to offer digital and green mobility solutions to TelePass customers.
• Gruppo BPER BancastrategicGTM or Marketing Partner · 1 January 2024Strategic partnership to accompany SMEs towards energy independence with tailored financial and energy solutions.
• Università degli Studi di MilanostrategicStrategic or Co-development Partner · 1 January 2024Scientific coordination of #RigeneraBoschi project for forest monitoring using Tree Talkers IoT technology.
• EF Solare ItaliacoreTechnology or Integration · 1 January 2024Integration completed December 2025, making Sorgenia Italy's largest photovoltaic producer with nearly 1,000 MW capacity across 17 regions.
• Tirreno PowerstrategicTechnology or Integration · 1 January 2024Sorgenia holds 50% of combined cycle plants, adding to total installed capacity and generation flexibility.
• PAYBACKminorGTM or Marketing Partner · 1 January 2022Loyalty program partnership offering additional advantages to Sorgenia customers through PAYBACK points system.
• Open FiberflagshipStrategic or Co-development Partner · 1 January 2019Partnership to offer ultra-fast fiber optic connectivity to residential customers alongside energy services.
• SmartikaminorStrategic or Co-development Partner · 1 January 2019Partnership to create Italy's first social green lending community, enabling community-based sustainable energy financing.

Scale indicators26 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Edison SpA: Edison is one of Italy's largest integrated electricity and gas operators with generation, retail, and renewable assets. Directly comparable to Sorgenia as a private-sector Italian integrated energy retailer competing for the same residential and business customers.
• A2A SpA: A2A is an Italian multi-utility operating in electricity generation, distribution, and retail with significant renewable and CCGT capacity. Comparable as an Italian integrated energy player with overlapping generation mix and customer segments.
• Iren SpA: Iren is a multi-utility serving northern Italy with electricity, gas, and integrated waste services. Comparable to Sorgenia as an Italian integrated energy retailer with renewable generation and customer-focused digital services.
• Acea SpA: Acea is an Italian multi-utility operating in electricity, water, and environmental services with significant Rome-area presence. Comparable to Sorgenia as a regional integrated energy operator with generation and retail activities.
• Hera SpA: Hera is an Italian multi-utility providing electricity, gas, water, and waste services across Emilia-Romagna and beyond. Comparable to Sorgenia as an Italian integrated utility combining energy retail with renewable generation and customer services.
• Plenitude (Eni): Plenitude is Eni's retail energy arm combining electricity and gas supply with EV charging and renewable generation. Directly comparable to Sorgenia as an Italian integrated retail energy player targeting residential and business customers with similar digital and EV charging offerings.
• Repower Italia: Repower is a Swiss-Italian energy company focused on renewable generation and retail supply in Italy. Comparable to Sorgenia as a privately-oriented renewable-focused energy retailer competing in the Italian market with similar customer and digital service offerings.

Broad incumbents

• Enel SpA: Enel is Italy's dominant utility and one of the world's largest integrated electricity operators with massive renewable, network, and retail operations. Comparable as the incumbent against which Sorgenia competes in Italian retail and renewable generation, though far larger and more diversified.
• Iberdrola SA: Iberdrola is a global renewable energy major with significant Spanish and European renewable generation operations. Comparable to Sorgenia as a reference point for renewable-heavy generation portfolios and as an acquirer of Spanish wind and solar capacity in the same Iberian market.
• Engie SA: Engie is a global integrated energy company transitioning from gas to renewables with European retail operations. Comparable to Sorgenia as a broad incumbent operating gas-fired generation alongside renewable build-out and integrated retail services in European markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sorgenia
• YouTubeyoutube.com/sorgenia
• Facebookfacebook.com/sorgenia
• LinkedInlinkedin.com/company/sorgenia
• Instagraminstagram.com/sorgeniaofficial
• TikToktiktok.com/@sorgenia

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries13 records

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sorgenia