ElectroRoute

What ElectroRoute does

ElectroRoute is a Dublin-headquartered, Mitsubishi Corporation-owned energy trading and services company focused on renewables, established in 2011. It serves renewable energy generators, corporate PPA buyers, battery storage asset owners, biomethane producers and users, and utilities across Ireland, the United Kingdom, eleven European markets, and Japan, with offices in Dublin, Letterkenny, London, and Tokyo (ElectroRoute Japan K.K.).

Its core offering is built on ElectroRoute CORE, a proprietary AI-powered trading and optimisation platform that schedules electricity in minutes and trades natural gas years ahead, operating 24/7 to optimise over 1.8GW of renewable and storage assets. An in-house Virtual Power Plant takes dispatch instructions directly from the EirGrid National Control Centre, and an ISCC-certified European gas platform supports cross-border biomethane shipping and certificate management. Service lines include Route-to-Market/Supplier Lite, Corporate PPAs, Trading Services (spot, futures, cross-border, green certificates), Gas Trading and Biomethane Services, and Storage Optimisation.

ElectroRoute monetises through managed-services fees on assets under management, long-term PPA structuring, transaction-based trading fees, and gas operations/biomethane shipping fees, with pricing tailored to each client. Go-to-market is sales-led, relying on direct enterprise relationships with developers (e.g., Hanwha, Lumcloon, John Laing, NTR, British Solar Renewables, Innova, Low Carbon, Cero Generation), corporate buyers (Microsoft, GE, DHL, Tesco Ireland), and counterparties in Japan and Europe.

Name

ElectroRoute

Legal name

ElectroRoute Holdings Limited

Website

https://electroroute.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

ElectroRoute is an AI-powered energy trading and services company, owned by Mitsubishi Corporation, that provides route-to-market, PPAs, storage optimisation, and biomethane shipping for renewable generators, corporate buyers, and utilities across Europe and Japan.

Ownership category

akta.pro rank

Product category

Energy Trading Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Ancillary Services Aggregation & Bidding Optimization (DER/VPP participation) (EUAFALAJ)

akta.pro secondary industries

Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), Renewable Natural Gas (RNG) & Biomethane Trading (EUAGAGAI), DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF)

Keywords

• Energy trading services
• Renewable energy optimization
• Power purchase agreements
• Route to market services
• Battery storage trading

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Route to Market Services: ElectroRoute provides route-to-market services for renewable energy generators, managing the sale of energy into electricity markets on a 24/7 basis, operating and managing assets under the Supplier Lite structure.
2. Power Purchase Agreements: ElectroRoute structures and manages corporate PPAs and power purchase agreements for renewable energy projects, providing long-term offtake arrangements and risk management for generators.
3. Trading Services: Full end-to-end trading platform capable of scheduling electricity in minutes to trading natural gas many years ahead. Services include spot trading, futures trading, cross border trading, and green certificates trading.
4. Gas Operations and Biomethane Services: ElectroRoute ships biomethane throughout Europe on behalf of clients using their European gas platform. Through 2022, ElectroRoute flowed more than 2TWh of gas across Europe.
5. Supplier Lite Services: Provides independent route to market for generators through operating and managing the sale of energy into markets, with settlement services.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

ElectroRoute provides route-to-market, power purchase agreement, energy trading, and optimization services to renewable energy generators, corporate energy buyers, and battery storage asset owners across Ireland, the UK, continental Europe, and Japan. Its core operations revolve around 24/7 scheduling, trading, dispatch, and optimization of renewable and storage assets on multiple European and Japanese electricity markets, supported by the proprietary ElectroRoute CORE AI platform. The company also ships biomethane across Europe using an ISCC-certified gas platform.

Product overview

ElectroRoute offers a comprehensive suite of energy trading and services products built around its proprietary AI-powered ElectroRoute CORE platform. The core offerings include Corporate PPAs, Power Purchase Agreements, Route to Market Services, Trading Services, Supplier Lite Services, and Gas Trading Services. The platform enables optimization of over 1.8GW of renewable and storage assets across 11 European markets. Key differentiated offerings include biomethane shipping services via their ISCC-certified European gas platform (flowing over 2TWh annually), and an in-house Virtual Power Plant for direct battery storage asset operation. Services span electricity and gas trading, renewable energy marketing, and storage optimization.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate PPAs Structures and manages Corporate Power Purchase Agreements (PPAs) enabling large corporations to procure renewable energy directly from solar, wind, and other renewable generators. Provides long-term offtake arrangements, risk management, and settlement services to corporate energy buyers. Notable arrangements include Microsoft/GE PPA and virtual PPAs with DREAM Private REIT and Japan Benex Corporation in Japan.
• Power Purchase Agreements Route-to-market services and long-term Power Purchase Agreements for renewable energy project developers and operators. Provides long-term offtake arrangements with risk management for wind, solar, and battery storage generators. Examples include PPAs with British Solar Renewables (15-year), Innova (61MW), Low Carbon (140MW balancing PPAs), and Gulermak Renewables (10-year solar PPA).
• Route to Market Services Comprehensive route-to-market solutions for renewable energy assets including scheduling, dispatch, and market access across multiple European and Japanese electricity markets. Enables generators to sell energy into electricity markets on a 24/7 basis. Notable deployments include the 35.6MW Glencarbry Windfarm Supplier Lite Service Agreement and the 47MW renewable energy project in Northern Ireland.
• Trading Services End-to-end energy trading services across spot, futures, and derivatives markets. Capabilities span scheduling electricity in minutes, trading natural gas many years ahead, cross-border trading, and green certificates trading. Registered and actively trading on 14 cross-border interconnection points across 11 European markets.
• Trading Counterparties Facilitation of trading relationships and counterparty access for energy market participants. Provides clients with access to multiple European and Japanese electricity markets through ElectroRoute's established counterparty network and registration on 14 cross-border interconnection points.
• Supplier Lite Services Managed services for renewable generators providing independent route to market, operating and managing energy sales into electricity markets on a 24/7 basis with settlement services. Operates and manages the sale of energy into markets on behalf of generators under the Supplier Lite structure, providing an alternative to full supplier licensing.
• Gas Trading Services Natural gas and biomethane trading, shipping, and certificate management services across European markets. Includes cross-border biomethane shipping and certificate management using the ISCC-certified European gas platform, enabling clients like DHL to operate renewable-fueled trucks. Through 2022, ElectroRoute flowed more than 2TWh of gas across Europe.
• Biomethane Services Cross-border biomethane shipping and certificate management services utilizing the ISCC-certified European gas platform. Maintains green credentials of physical biomethane from source to use, enabling transport and logistics companies to decarbonise fuel use. Includes arrangements such as the DHL-Stream bioenergy partnership fueling up to 150 biomethane trucks.

Quantifiable outcome

• ElectroRoute trades and optimises over 1.8GW of renewable and storage assets on a 24/7 basis
• +6 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

15 partnerships are on record, tiered core and minor.

• Gulermak RenewablescoreStrategic or Co-development Partner · 8 June 2026Gulermak Renewables, part of Turkish conglomerate Gulermak, signed a 10-year power purchase agreement with ElectroRoute for a 19.3-MWp ready-to-build solar project in West Sussex, UK. ElectroRoute will provide route-to-market and optimisation services under the deal, with first power expected in 2027.
• British Solar RenewablescoreStrategic or Co-development Partner · 9 July 2025ElectroRoute signed a 15-year PPA with British Solar Renewables for solar projects in the UK.
• InnovacoreStrategic or Co-development Partner · 17 June 2025ElectroRoute announced Power Purchase Agreements with Innova for 61MW of solar projects in Great Britain.
• Low CarboncoreStrategic or Co-development Partner · 30 April 2025ElectroRoute and Low Carbon announced balancing PPAs for 140 MW of UK solar projects.
• Shizuoka Gas & Power K.K.minorStrategic or Co-development Partner · 6 June 2024ElectroRoute concluded a balancing market contract with Shizuoka Gas & Power K.K. for entry into the Japanese demand-supply adjustment market.
• DREAM Private REIT Inc.minorStrategic or Co-development Partner · 19 February 2024ElectroRoute concluded a long-term fixed-price virtual PPA with DREAM Private REIT Inc. and Japan Benex Corporation in the Japanese market.
• Japan Benex CorporationminorStrategic or Co-development Partner · 19 February 2024ElectroRoute concluded a long-term fixed-price virtual PPA with DREAM Private REIT Inc. and Japan Benex Corporation in the Japanese market.
• DHLcoreStrategic or Co-development Partner · 3 October 2023ElectroRoute partnered with DHL to provide cross-border biomethane shipping and certificate management service using their ISCC-certified European gas platform. This enabled DHL to immediately operate renewable-fueled trucks in Ireland as part of their €80M deal with Stream bioenergy for up to 150 biomethane trucks.
• Stream bioenergyminorStrategic or Co-development Partner · 3 October 2023Stream bioenergy partnered with DHL on an €80M deal to fuel up to 150 trucks using biomethane for 10 years. ElectroRoute provides the shipping and certificate management service for this biomethane arrangement.
• NTR PlccoreStrategic or Co-development Partner · 28 February 2022ElectroRoute entered into a long-term battery trading agreement with NTR Plc for energy storage assets.
• Hanwha Energy CorporationcoreStrategic or Co-development Partner · 7 September 2020ElectroRoute entered into an agreement to provide trading solutions to the 200MW battery portfolio being developed by Hanwha Energy Corporation and Lumcloon Energy. Hanwha invested €150 million in the project, supporting over 200 jobs during construction. ElectroRoute provides 24/7 trading, regulatory and risk-management solutions, submitting commercial and technical data to the SEM and operating assets through their in-house Virtual Power Plant.
• Lumcloon EnergycoreStrategic or Co-development Partner · 7 September 2020ElectroRoute provides trading solutions for the 200MW battery portfolio at Lumcloon and Shannonbridge sites in Co. Offaly, representing the largest operating batteries on the island of Ireland and one of the largest portfolios in Europe.
• MicrosoftcoreStrategic or Co-development Partner · 1 January 2017ElectroRoute structured and managed the energy trading activities for the Microsoft and GE PPA, one of their landmark partnerships in corporate renewable energy procurement.
• GEcoreStrategic or Co-development Partner · 1 January 2017ElectroRoute structured and managed the energy trading activities for the Microsoft and GE PPA, providing trading services for this landmark corporate renewable energy arrangement.
• John Laing Group plccoreStrategic or Co-development Partner · 12 January 2016ElectroRoute entered into a long-term Supplier Lite Service Agreement with Glencarbry Windfarm Limited, a 35.6MW windfarm owned by John Laing Group plc and part funded by Norddeutsche Landesbank. ElectroRoute operates and manages the sale of the windfarm's energy into the Irish Single Electricity Market.

Scale indicators16 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Next Kraftwerke: Germany-headquartered Virtual Power Plant operator and renewable energy trader that aggregates distributed energy resources across European markets. Highly comparable to ElectroRoute's VPP and storage optimisation model and cross-border European footprint.
• Pexapark: Swiss-based provider of PPA pricing, risk management and market intelligence for renewable energy across Europe. Directly comparable to ElectroRoute's corporate PPA structuring, route-to-market and balancing services for wind and solar generators.

Broad incumbents

• Statkraft: Europe's largest generator of renewable energy and a major European power trader with broad origination and market access capabilities. Comparable in scale and breadth to ElectroRoute's renewables trading, market access and PPA business, but as a vertically integrated incumbent.
• EDF Trading: Wholesale energy trading arm of EDF Group, active across European power, gas and environmental products. Comparable to ElectroRoute's cross-border electricity and gas trading, but operating at materially larger scale with proprietary balance sheet.
• Macquarie Energy: Global commodities and energy markets business of Macquarie Group providing physical and financial trading across power, gas and environmental products. Comparable to ElectroRoute's cross-border trading and PPA activities but with materially larger balance sheet and product breadth.
• Centrica Business Solutions: UK-headquartered energy services and trading arm of Centrica, active in optimisation, flexibility and PPA services across European markets. Comparable to ElectroRoute's Supplier Lite, balancing and corporate PPA offerings in GB and Ireland.
• Vitol: Global energy and commodities trading house with significant European power and gas trading operations. Comparable to ElectroRoute's cross-border trading and gas/biomethane business, but at far greater scale and with proprietary balance-sheet capacity.
• RWE Supply & Trading: Energy trading arm of RWE AG, active across European power, gas and environmental product markets. Comparable to ElectroRoute's European cross-border trading, balancing and renewables optimisation services but with substantially larger scale and asset base.
• Uniper: European energy company with significant power and gas trading operations across continental European markets. Comparable to ElectroRoute's cross-border trading, gas operations and flexibility market participation, but as a large incumbent utility.

Emerging players

• Lightsource bp: Global solar developer and renewable energy solutions provider, increasingly offering PPA origination and asset management services. Partially comparable to ElectroRoute's route-to-market and PPA structuring for solar projects, particularly in the UK and Ireland.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/electroroute
• LinkedInlinkedin.com/company/electroroute

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about ElectroRoute