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2G Energy

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uuid0007y4g

Namestring
2G Energy
Legal namestring
2G Energy AG
Websiteurl
2-g.com
Company typeenum
Public
Founded yearint
1995
Descriptiontext

2G Energy AG is a German manufacturer of modular combined heat and power (CHP) cogeneration systems headquartered in Heek, North Rhine-Westphalia. Founded in 1995, the company designs and produces gas-engine CHP units across a 20–4,500 kW output range, with overall efficiencies of 85% to over 90% in the 20–550 kW segment. Its product portfolio includes the agenitor, avus, aura, and g-box CHP lines, afilia water- and air-sourced heat pumps (added through the 2023 acquisition of NRGTEQ), containerized power plants, the GreenCube compact modular unit, and Gas2Power solutions. Systems are fuel-flexible across natural gas, biogas, propane, and hydrogen, with a H2-ready platform demonstrated in a UK-first trial at Kirkwall Airport in October 2025.

The company sells engineered, project-specific industrial systems primarily through direct enterprise sales, supplemented by a global partner/service network across 17 subsidiaries and a North American rental division (2G Energy Rental NA) launched December 2025. Revenue is generated through one-time equipment sales (CHP, heat pumps, container solutions), recurring service and maintenance contracts, and rental/leasing arrangements, with a digital service layer anchored by the proprietary I.R.I.S. AI-based malfunction prediction system. Customer segments are diversified across agriculture, data centers, healthcare, hospitality, industrial manufacturing, municipalities, and renewable energy/biogas, with over 10,000 systems installed worldwide.

In May 2026, 2G secured the largest order in company history — a multi-year, low-triple-digit megawatt contract for containerized power generation systems from a confidential North American data center customer — marking a strategic pivot toward hyperscale digital infrastructure alongside its traditional decentralized energy customer base. The company is publicly listed on the Frankfurt Stock Exchange (ticker: 2GNA) and employs more than 1,000 people globally.

Short descriptiontext

2G Energy AG is a German manufacturer of modular combined heat and power (CHP) cogeneration systems (20–4,500 kW) running on natural gas, biogas, propane, or hydrogen, serving industrial, commercial, municipal, agricultural, data center, and healthcare customers globally through direct sales, 17 subsidiaries, and a North American rental division.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHeek, Germany
HQ citystring
Heek
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
combined heat and power systems, cogeneration equipment, decentralized energy solutions, gas engine CHP units, containerized power plants
Industry4 codes
1Natural Gas CHP (Industrial & Utility-Scale)
CodeEUACAKAAPrimaryYes
2Gas-Fired CHP / Cogeneration (Industrial & District Energy)
CodeEUACABADPrimaryNo
3Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA)
CodeEUALALAHPrimaryNo
4Gas-Fired Power Plant O&M and Life-Extension/Repowering Services
CodeEUACABAJPrimaryNo
NAICS code3 codes
  • Turbine and Turbine Generator Set Units Manufacturing333611
  • Heating Equipment (except Warm Air Furnaces) Manufacturing333414
  • Pump and Compressor Manufacturing33391
SIC code3 codes
  • Cogeneration Services & Small Power Producers4991
  • Engines & Turbines3510
  • Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip3585
Product category
Combined Heat and Power (CHP) Cogeneration Equipment
No data
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model5 records
1CHP System Sales
TypeOne Time License
Description

Sale of combined heat and power systems (20-4,500 kW) across various fuel types (biogas, natural gas, propane, hydrogen), including standard and custom solutions. Products include agenitor, avus, aura, and g-box product lines.

2-g.com
2Heat Pump Sales
TypeOne Time License
Description

Sale of afilia series heat pumps (water and air series) for heating applications, expanded through the 2023 acquisition of NRGTEQ.

2-g.com
3Container Solutions
TypeOne Time License
Description

Sale of containerized gas engine systems and power plants, particularly for data center and mission-critical applications. This has become a major growth driver, evidenced by the company's largest-ever order in 2026.

2-g.com
4Service and Maintenance
TypeSubscription Recurring
Description

Comprehensive service offering including 24/7 technical support, on-site service, digital service solutions, training, and remanufacturing. The company positions itself as a full-service provider with an extensive network of trained technicians.

2-g.com
5Rental and Leasing
TypeSubscription Recurring
Description

Customized rental and leasing concepts across all performance categories, enabling customers to benefit from CHP technology without tying up capital. Formalized through 2G Energy Rental NA launched December 2025 for North American market.

2-g.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Project-specific industrial CHP systems ranging from 20 to 4,500 kW
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Pricing is quote-based and project-specific. The company sells directly to industrial, commercial, and municipal customers with customized solutions. No public pricing tiers are published.

marketsandmarkets.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 10 records shown
1agenitor
Description

CHP system product line

2-g.com
+9 more records
Core offering1 text field

2G Energy AG designs, manufactures, and services modular combined heat and power (CHP) cogeneration gas engine systems in the 20 to 4,500 kW output range, capable of running on natural gas, biogas, propane, and hydrogen with overall efficiencies of 85% to over 90%. The portfolio spans the agenitor, avus, aura, and g-box CHP product lines, afilia heat pumps (added via the 2023 NRGTEQ acquisition), containerized power plants, digital monitoring and AI-based malfunction prediction (I.R.I.S.), and complementary services such as rental, remanufacturing, and training. The company acts as a single-source system partner providing planning, implementation, and 24/7 maintenance across global industrial, commercial, municipal, and data center customers.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Overall efficiencies from 85 to far over 90 percent in the output range between 20 and 550 kW
+2 more records
Product overview1 text field

2G Energy is a German manufacturer of modular combined heat and power (CHP) cogeneration systems, offering a portfolio of products spanning multiple fuel types and power ranges. The core CHP product line includes the agenitor, avus, aura, and g-box systems (output range 20–4,500 kW), covering biogas, natural gas, propane, hydrogen, and general gas-to-power applications. The company also offers afilia heat pumps (water and air series) — expanded through the 2023 acquisition of NRGTEQ — container solutions for fast-deployable power, GreenCube compact modular systems, and Gas2Power solutions for emergency and continuous power. Add-on services include digital/control solutions, AI-powered malfunction prediction (I.R.I.S.), rental and leasing options, a remanufacturing program, and a TrainingCenter. Together these form a system-partner offering: from planning and installation through to ongoing maintenance and digital monitoring.

Product and service14 records
1agenitor CHP system
CategoryCHP cogeneration systems
Description

A high-capacity combined heat and power (CHP) cogeneration gas engine system in 2G Energy's product lineup, designed for efficient decentralized electricity and heat generation in commercial, industrial, and municipal applications.

2avus CHP system
CategoryCHP cogeneration systems
Description

A combined heat and power system within 2G Energy's modular product range, designed for decentralized cogeneration of electricity and heat across commercial, industrial, and agricultural applications.

3aura CHP system
CategoryCHP cogeneration systems
Description

A combined heat and power system offered by 2G Energy as part of its modular CHP family, designed for decentralized electricity and heat generation.

4g-box CHP system
CategoryCHP cogeneration systems
Description

A compact CHP unit in 2G Energy's product range, designed for smaller-scale decentralized electricity and heat cogeneration applications.

5afilia water series heat pumps
CategoryIndustrial heat pumps
Description

Water-sourced high-capacity heat pump series under the afilia brand, designed to adapt flexibly and automatically to heat demand while delivering a constant temperature for large-scale industrial, municipal, and commercial heating projects.

6afilia air series heat pumps
CategoryIndustrial heat pumps
Description

Air-sourced high-capacity heat pump series under the afilia brand, providing flexible temperature delivery for varied large-scale industrial and commercial heating requirements.

7GreenCube modular energy system
CategoryModular energy systems
Description

A compact, modular energy solution offered by 2G Energy for decentralized power and heat generation in diverse applications, marketed under the GreenCube brand.

8Gas2Power solutions
CategoryGas-to-power generation
Description

Gas-to-power solutions by 2G Energy that ensure decentralized energy supply, ranging from emergency power to continuous operation for industrial and commercial customers.

9Container Solutions (containerized CHP power plants)
CategoryContainerized power plants
Description

Plug-and-play containerized CHP power generation systems offered by 2G Energy, enabling fast deployment and scalable decentralized energy for data centers, industrial facilities, and other mission-critical applications.

10Rent or Lease CHP offering
CategoryEquipment rental and leasing
Description

Rental and leasing concepts offered by 2G Energy across all CHP performance categories, enabling customers to utilize CHP technology without tying up capital.

11Remanufacturing Program
CategoryAftermarket services
Description

A remanufacturing service offered by 2G Energy to restore and upgrade existing CHP units, extending operational life and maintaining performance for installed customers.

12TrainingCenter
CategoryTraining and certification services
Description

2G Energy's training facility offering professional education and certification programs for customers, partners, and technicians on CHP operation and maintenance.

13Hydrogen Product Line (H2-ready CHP systems)
CategoryHydrogen-fueled CHP systems
Description

Hydrogen-capable CHP systems supporting climate-neutral, decentralized energy generation through hydrogen combustion engine technology for airports, industrial sites, and other decarbonization-driven applications.

14Demand Response Solutions
CategoryDemand response / grid services
Description

CHP systems and solutions designed to provide demand response capabilities, enabling grid stabilization and participation in energy markets.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-09-11
Description

2G Energy acquired NRGTEQ (Nrgteq B.V.) in August-September 2023 to expand into the high-capacity heat pump sector. NRGTEQ has extensive experience in large-scale heating projects and has installed hundreds of systems across various sectors. This acquisition enables 2G to offer a broader portfolio of energy solutions combining CHP and heat pump technologies. 2G acquired 100% stake in Nrgteq B.V.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

One of the largest direct competitors in gas-engine CHP. Jenbacher's gas engines serve the same industrial, utility, and decentralized power markets as 2G's agenitor/avus/aura lines at overlapping kW ranges, with comparable efficiency and fuel-flexibility profiles.

TypeDirect peer
Description

German gas engine manufacturer (now part of Caterpillar) producing CHP and generator sets directly competing with 2G's product portfolio across biogas, natural gas, and special gas applications in the 20 kW to multi-MW range.

TypeDirect peer
Description

mtu brand gas engines and CHP systems compete with 2G across industrial, data center, and microgrid applications, offering similar output ranges and gas-fuel flexibility including hydrogen-ready platforms.

TypeDirect peer
Description

Large-scale gas and dual-fuel engines for power generation, CHP, and marine applications. Overlaps with 2G in industrial CHP and biogas-to-power, particularly at the higher end of the kW range.

TypeBroad incumbent
Description

Global provider of engine-based power plants for utilities, industrial, and data center customers. Competes with 2G in larger-scale decentralized gas-fired generation but operates at much higher MW scales and with a broader service portfolio.

TypeBroad incumbent
Description

Diversified power generation incumbent offering gas generator sets and CHP through its MWM and CAT brands. Provides broader balance-sheet and global service capacity that 2G lacks but with similar underlying product technology.

TypeEmerging player
Description

Microturbine-based distributed generation and CHP provider targeting similar commercial, industrial, and renewable-gas applications. Lower power output than 2G's systems but directly overlapping on behind-the-meter and biogas use cases.

TypeBroad incumbent
Description

Diversified engine and power generation manufacturer with CHP-capable gas generator sets across commercial and industrial segments. Competes with 2G especially in North American data center backup-power and distributed generation.

TypeEmerging player
Description

German heating and energy systems provider expanding into commercial heat pumps and integrated heat-and-power solutions. Comparable to 2G's afilia/NRGTEQ heat pump portfolio and increasingly relevant as a combined heat-and-power bundle competitor.

TypeBroad incumbent
Description

Global energy technology incumbent offering gas turbines, distributed generation, and grid services. Overlaps with 2G in industrial and data center power markets but at much larger utility-scale, complementing rather than directly replacing 2G's smaller modular CHP.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers7 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

2G Energy

Combined Heat and Power (CHP) Cogeneration Equipment2-g.com

2G Energy AG is a German manufacturer of modular combined heat and power (CHP) cogeneration systems (20–4,500 kW) running on natural gas, biogas, propane, or hydrogen, serving industrial, commercial, municipal, agricultural, data center, and healthcare customers globally through direct sales, 17 subsidiaries, and a North American rental division.

What 2G Energy does

2G Energy AG is a German manufacturer of modular combined heat and power (CHP) cogeneration systems headquartered in Heek, North Rhine-Westphalia. Founded in 1995, the company designs and produces gas-engine CHP units across a 20–4,500 kW output range, with overall efficiencies of 85% to over 90% in the 20–550 kW segment. Its product portfolio includes the agenitor, avus, aura, and g-box CHP lines, afilia water- and air-sourced heat pumps (added through the 2023 acquisition of NRGTEQ), containerized power plants, the GreenCube compact modular unit, and Gas2Power solutions. Systems are fuel-flexible across natural gas, biogas, propane, and hydrogen, with a H2-ready platform demonstrated in a UK-first trial at Kirkwall Airport in October 2025.

The company sells engineered, project-specific industrial systems primarily through direct enterprise sales, supplemented by a global partner/service network across 17 subsidiaries and a North American rental division (2G Energy Rental NA) launched December 2025. Revenue is generated through one-time equipment sales (CHP, heat pumps, container solutions), recurring service and maintenance contracts, and rental/leasing arrangements, with a digital service layer anchored by the proprietary I.R.I.S. AI-based malfunction prediction system. Customer segments are diversified across agriculture, data centers, healthcare, hospitality, industrial manufacturing, municipalities, and renewable energy/biogas, with over 10,000 systems installed worldwide.

In May 2026, 2G secured the largest order in company history — a multi-year, low-triple-digit megawatt contract for containerized power generation systems from a confidential North American data center customer — marking a strategic pivot toward hyperscale digital infrastructure alongside its traditional decentralized energy customer base. The company is publicly listed on the Frankfurt Stock Exchange (ticker: 2GNA) and employs more than 1,000 people globally.

2G Energy firmographics

Firmographics
Name
2G Energy
Legal name
2G Energy AG
Website
https://2-g.com
Company type
Public
Founded year
1995
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
2G Energy AG is a German manufacturer of modular combined heat and power (CHP) cogeneration systems (20–4,500 kW) running on natural gas, biogas, propane, or hydrogen, serving industrial, commercial, municipal, agricultural, data center, and healthcare customers globally through direct sales, 17 subsidiaries, and a North American rental division.
Ownership category
akta.pro rank

2G Energy industry classification

Industry
Product category
Combined Heat and Power (CHP) Cogeneration Equipment
NAICS
Turbine and Turbine Generator Set Units Manufacturing (333611), Heating Equipment (except Warm Air Furnaces) Manufacturing (333414), Pump and Compressor Manufacturing (33391)
SIC
Cogeneration Services & Small Power Producers (4991), Engines & Turbines (3510), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)
akta.pro primary industry
Natural Gas CHP (Industrial & Utility-Scale) (EUACAKAA)
akta.pro secondary industries
Gas-Fired CHP / Cogeneration (Industrial & District Energy) (EUACABAD), Industrial Gas Infrastructure & Metering (Onsite Storage, PRS, Metering, SCADA) (EUALALAH), Gas-Fired Power Plant O&M and Life-Extension/Repowering Services (EUACABAJ)

Keywords

  • Combined heat and power systems
  • Cogeneration equipment
  • Decentralized energy solutions
  • Gas engine CHP units
  • Containerized power plants

Where 2G Energy is headquartered

Location

Headquarters

HQ city
Heek
HQ country
Germany
HQ region
Europe

Offices3 records

Markets served

2G Energy business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. CHP System Sales: Sale of combined heat and power systems (20-4,500 kW) across various fuel types (biogas, natural gas, propane, hydrogen), including standard and custom solutions. Products include agenitor, avus, aura, and g-box product lines.
  2. Heat Pump Sales: Sale of afilia series heat pumps (water and air series) for heating applications, expanded through the 2023 acquisition of NRGTEQ.
  3. Container Solutions: Sale of containerized gas engine systems and power plants, particularly for data center and mission-critical applications. This has become a major growth driver, evidenced by the company's largest-ever order in 2026.
  4. Service and Maintenance: Comprehensive service offering including 24/7 technical support, on-site service, digital service solutions, training, and remanufacturing. The company positions itself as a full-service provider with an extensive network of trained technicians.
  5. Rental and Leasing: Customized rental and leasing concepts across all performance categories, enabling customers to benefit from CHP technology without tying up capital. Formalized through 2G Energy Rental NA launched December 2025 for North American market.

Pricing tiers

ModelBillingPrice
Unit PricingMulti-year contractProject-specific industrial CHP systems ranging from 20 to 4,500 kW

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

2G Energy product offering

Product offering

Core offering

2G Energy AG designs, manufactures, and services modular combined heat and power (CHP) cogeneration gas engine systems in the 20 to 4,500 kW output range, capable of running on natural gas, biogas, propane, and hydrogen with overall efficiencies of 85% to over 90%. The portfolio spans the agenitor, avus, aura, and g-box CHP product lines, afilia heat pumps (added via the 2023 NRGTEQ acquisition), containerized power plants, digital monitoring and AI-based malfunction prediction (I.R.I.S.), and complementary services such as rental, remanufacturing, and training. The company acts as a single-source system partner providing planning, implementation, and 24/7 maintenance across global industrial, commercial, municipal, and data center customers.

Product overview

2G Energy is a German manufacturer of modular combined heat and power (CHP) cogeneration systems, offering a portfolio of products spanning multiple fuel types and power ranges. The core CHP product line includes the agenitor, avus, aura, and g-box systems (output range 20–4,500 kW), covering biogas, natural gas, propane, hydrogen, and general gas-to-power applications. The company also offers afilia heat pumps (water and air series) — expanded through the 2023 acquisition of NRGTEQ — container solutions for fast-deployable power, GreenCube compact modular systems, and Gas2Power solutions for emergency and continuous power. Add-on services include digital/control solutions, AI-powered malfunction prediction (I.R.I.S.), rental and leasing options, a remanufacturing program, and a TrainingCenter. Together these form a system-partner offering: from planning and installation through to ongoing maintenance and digital monitoring.

Differentiator

Problem solved

Functional benefit

Brands

  • agenitor: CHP system product line
  • avus
  • aura
  • g-box
  • afilia
  • GreenCube
  • 2G Cenergy
  • 2G Energy Rental NA
  • 2G Caribe
  • 2gether

Products and services

  • agenitor CHP system A high-capacity combined heat and power (CHP) cogeneration gas engine system in 2G Energy's product lineup, designed for efficient decentralized electricity and heat generation in commercial, industrial, and municipal applications.
  • avus CHP system A combined heat and power system within 2G Energy's modular product range, designed for decentralized cogeneration of electricity and heat across commercial, industrial, and agricultural applications.
  • aura CHP system A combined heat and power system offered by 2G Energy as part of its modular CHP family, designed for decentralized electricity and heat generation.
  • g-box CHP system A compact CHP unit in 2G Energy's product range, designed for smaller-scale decentralized electricity and heat cogeneration applications.
  • afilia water series heat pumps Water-sourced high-capacity heat pump series under the afilia brand, designed to adapt flexibly and automatically to heat demand while delivering a constant temperature for large-scale industrial, municipal, and commercial heating projects.
  • afilia air series heat pumps Air-sourced high-capacity heat pump series under the afilia brand, providing flexible temperature delivery for varied large-scale industrial and commercial heating requirements.
  • GreenCube modular energy system A compact, modular energy solution offered by 2G Energy for decentralized power and heat generation in diverse applications, marketed under the GreenCube brand.
  • Gas2Power solutions Gas-to-power solutions by 2G Energy that ensure decentralized energy supply, ranging from emergency power to continuous operation for industrial and commercial customers.
  • Container Solutions (containerized CHP power plants) Plug-and-play containerized CHP power generation systems offered by 2G Energy, enabling fast deployment and scalable decentralized energy for data centers, industrial facilities, and other mission-critical applications.
  • Rent or Lease CHP offering Rental and leasing concepts offered by 2G Energy across all CHP performance categories, enabling customers to utilize CHP technology without tying up capital.
  • Remanufacturing Program A remanufacturing service offered by 2G Energy to restore and upgrade existing CHP units, extending operational life and maintaining performance for installed customers.
  • TrainingCenter 2G Energy's training facility offering professional education and certification programs for customers, partners, and technicians on CHP operation and maintenance.
  • Hydrogen Product Line (H2-ready CHP systems) Hydrogen-capable CHP systems supporting climate-neutral, decentralized energy generation through hydrogen combustion engine technology for airports, industrial sites, and other decarbonization-driven applications.
  • Demand Response Solutions CHP systems and solutions designed to provide demand response capabilities, enabling grid stabilization and participation in energy markets.

Quantifiable outcome

  • Overall efficiencies from 85 to far over 90 percent in the output range between 20 and 550 kW
  • +2 more outcomes

Companies that use 2G Energy

Customer profile

Named customers7 records

Segments8 records

Ideal customer profiles6 records

2G Energy technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

2G Energy partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • NRGTEQ / Nrgteq B.V.coreStrategic or Co-development Partner · 11 September 20232G Energy acquired NRGTEQ (Nrgteq B.V.) in August-September 2023 to expand into the high-capacity heat pump sector. NRGTEQ has extensive experience in large-scale heating projects and has installed hundreds of systems across various sectors. This acquisition enables 2G to offer a broader portfolio of energy solutions combining CHP and heat pump technologies. 2G acquired 100% stake in Nrgteq B.V.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

2G Energy competitors and assessment

Company assessment

Direct peers

  • INNIO Jenbacher: One of the largest direct competitors in gas-engine CHP. Jenbacher's gas engines serve the same industrial, utility, and decentralized power markets as 2G's agenitor/avus/aura lines at overlapping kW ranges, with comparable efficiency and fuel-flexibility profiles.
  • MWM (Caterpillar Energy Solutions): German gas engine manufacturer (now part of Caterpillar) producing CHP and generator sets directly competing with 2G's product portfolio across biogas, natural gas, and special gas applications in the 20 kW to multi-MW range.
  • Rolls-Royce Power Systems (mtu): mtu brand gas engines and CHP systems compete with 2G across industrial, data center, and microgrid applications, offering similar output ranges and gas-fuel flexibility including hydrogen-ready platforms.
  • MAN Energy Solutions: Large-scale gas and dual-fuel engines for power generation, CHP, and marine applications. Overlaps with 2G in industrial CHP and biogas-to-power, particularly at the higher end of the kW range.

Broad incumbents

  • Wärtsilä: Global provider of engine-based power plants for utilities, industrial, and data center customers. Competes with 2G in larger-scale decentralized gas-fired generation but operates at much higher MW scales and with a broader service portfolio.
  • Caterpillar: Diversified power generation incumbent offering gas generator sets and CHP through its MWM and CAT brands. Provides broader balance-sheet and global service capacity that 2G lacks but with similar underlying product technology.
  • Cummins: Diversified engine and power generation manufacturer with CHP-capable gas generator sets across commercial and industrial segments. Competes with 2G especially in North American data center backup-power and distributed generation.
  • Siemens Energy: Global energy technology incumbent offering gas turbines, distributed generation, and grid services. Overlaps with 2G in industrial and data center power markets but at much larger utility-scale, complementing rather than directly replacing 2G's smaller modular CHP.

Emerging players

  • Capstone Green Energy: Microturbine-based distributed generation and CHP provider targeting similar commercial, industrial, and renewable-gas applications. Lower power output than 2G's systems but directly overlapping on behind-the-meter and biogas use cases.
  • Viessmann: German heating and energy systems provider expanding into commercial heat pumps and integrated heat-and-power solutions. Comparable to 2G's afilia/NRGTEQ heat pump portfolio and increasingly relevant as a combined heat-and-power bundle competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

2G Energy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

2G Energy leadership team

Management profile

Number of profiles

Profiles5 records

2G Energy subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

2G Energy funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

2G Energy M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about 2G Energy

What does 2G Energy do?

2G Energy AG designs, manufactures, and services modular combined heat and power (CHP) cogeneration gas engine systems in the 20 to 4,500 kW output range, capable of running on natural gas, biogas, propane, and hydrogen with overall efficiencies of 85% to over 90%. The portfolio spans the agenitor, avus, aura, and g-box CHP product lines, afilia heat pumps (added via the 2023 NRGTEQ acquisition), containerized power plants, digital monitoring and AI-based malfunction prediction (I.R.I.S.), and complementary services such as rental, remanufacturing, and training. The company acts as a single-source system partner providing planning, implementation, and 24/7 maintenance across global industrial, commercial, municipal, and data center customers.

Is 2G Energy a public or private company?

2G Energy is a public company. It is classified as public and is currently operating.

When was 2G Energy founded?

2G Energy was founded in 1995. It employs 1,001 to 5,000 people.

Where is 2G Energy based?

2G Energy is headquartered in Heek, Germany, in the Europe region.

How does 2G Energy make money?

Five revenue lines are on record. CHP System Sales are the primary driver. The others are heat Pump Sales, container Solutions, service and Maintenance and rental and Leasing.

Who are 2G Energy's main competitors?

Direct peers on record are INNIO Jenbacher, MWM (Caterpillar Energy Solutions), Rolls-Royce Power Systems (mtu) and MAN Energy Solutions. Broad incumbents are Wärtsilä, Caterpillar, Cummins and Siemens Energy. Emerging players are Capstone Green Energy and Viessmann.

Does 2G Energy have an API?

No public API is recorded for 2G Energy.

What industry is 2G Energy in?

2G Energy's product category is Combined Heat and Power (CHP) Cogeneration Equipment. Its primary akta.pro industry code is EUACAKAA, Natural Gas CHP (Industrial & Utility-Scale), with a secondary code of EUACABAD, Gas-Fired CHP / Cogeneration (Industrial & District Energy). Its NAICS code is 333611 and its SIC code is 4991.

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FinanzNachrichten.de2G Energy: Mit Volldampf voraus2G Energy is expanding production capacity to meet rising power demand from data centers and electrification, with gas turbines still available. Orders for data center projects exceed double 2025's total annual production, securing growth through 2028. The company projects revenue rising from €600-650 million in 2026 to €750-850 million in 2028, with EBIT margin improving to over 11%.FinanzNachrichten.deWettlauf bei Quantum, Energie und Gold: D-Wave Quantum, 2G Energy und Lahontan Gold sind dabei!2G Energy reported a Q3 2026 order surge driven by a 275 MW data center contract, exceeding its 2025 production. Lahontan Gold is advancing toward its planned gold production start, with the mine expanding and funded largely by debt. D-Wave Quantum's recent announcement signals strong quantum progress.FinanzNachrichten.de2G Energy: Volles Haus in Heek2G Energy held its first capital market day after 19 years, inviting 55 investors to its Heek headquarters. The company, previously focused on decentralized power generation, now targets AI data centers, reflecting the global hype around AI applications.FinanzNachrichten.de2G Energy Aktie: Analyst erwartet deutliche Kursgewinne dank KI-Boom2G Energy reported weaker first-half results, with revenue, output, and EBIT below prior-year levels, but operational cash flow improved to nearly €40 million. Analysts expect a significant business acceleration. A separate article warns of AI stock risks from rising financing costs and overcapacity.FinanzNachrichten.deOriginal-Research: 2G Energy AG (von First Berlin Equity Research GmbH): BuyFirst Berlin Equity Research confirmed its Buy rating on 2G Energy AG with a EUR 83 target. The company raised its 2027 revenue guidance to €600-650 million and gave a 2028 forecast of €750-850 million. The analyst sees the growth story intact with strong H2 prospects.The future of tradingFirst Berlin reiterates Buy on 2G Energy, keeps EUR 83 price targetFirst Berlin reiterated a Buy rating on 2G Energy, keeping its EUR 83 price target. The company reported H1 revenue, output, and EBIT fell year on year, while operating cash flow turned positive to nearly EUR 40 million. Management raised its 2027 revenue forecast to EUR 600-650 million and set a 2028 outlook of EUR 750-850 million.Simply Wall StPower Systems Order Could Change The Case For 2G Energy Stock (XTRA:2GB)Energy Vault Holding Inc. announced a 275 MW order from 2G Energy AG for containerized power systems, with deliveries planned between late 2027 and late 2028. The order supports 2G Energy's narrative of supplying dispatchable generation for AI data centers, though margins are thinner and valuation is rich. The company reports €398.6m revenue and €16.8m net income.FinanzNachrichten.de2G Energy: Knackige Ziele bis 20282G Energy reported H1 2026 revenue of €184 million, down 4.7% year-on-year, and EBIT of €0.8 million, down from €5.7 million. The company also provided an update on order intake and raised its 2027 revenue forecast, with a first indication for 2028.The future of tradingGermany's 2G Energy H1 output falls 4.7% on fewer Ukraine orders, EBIT margin declines2G Energy's H1 2026 output fell 4.7% year-over-year to EUR 184 million, with EBIT margin dropping to 0.6% from 3.3%. The decline was driven by fewer short-notice orders from Ukraine, while service revenue improved in Q2. The company raised its 2027 revenue forecast to EUR 600-650 million.FinanzNachrichten.de2G Energy: Erst Freude - dann Fragen2G Energy received a 275-MW order from ENERGY VAULT, but the customer's financial position is weak, with only 6.9 million euros equity and 245 million euros liabilities. The company reports half-year results on September 29, and a capital market day on October 1, where the CEO must justify the order quality.