Entelios AG

Name

Entelios AG

Legal name

Entelios

Website

https://entelios.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

B2B Electricity Supply and Energy Services

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric, Gas & Sanitary Services (4900), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Balancing & Ancillary Services Optimization / Automated Bidding (Algo Trading) (EUAGAKAJ)

akta.pro secondary industries

Performance Contracting & Energy-as-a-Service (EaaS) for Buildings (BPABAGAN), Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL)

Keywords

• B2B electricity supply
• Portfolio management
• Ancillary services
• Flexibility markets
• Demand response

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity Supply and Trading: Supply and trading of electricity to business customers across the Nordic region. Revenue generated from electricity sales, portfolio management fees, and trading activities. Customers purchase electricity through customized contracts with options for advisory or discretionary management.
2. Ancillary Services and Flexibility Markets: Revenue from enabling customers to participate in ancillary services markets and local flexibility markets. Customers receive compensation for providing flexibility resources (batteries, solar panels, industrial processes) to grid operators and TSOs. Å Entelios handles prequalification, bidding, and trading on behalf of customers.
3. Guarantees of Origin (GoO): Purchase and sale of origin guarantees (renewable energy certificates) to support renewable electricity production. Å Entelios is one of the Nordic countries' largest purchasers of guarantees of origin, earning fees from brokering between producers and consumers.
4. Energy Services: Additional services including battery solutions, solar panel installations, and charging station infrastructure. Services help customers reduce consumption, optimize power use, and create revenue from flexibility. Financing options available starting from 0 EUR for charging stations.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Entelios AG is a B2B electricity supplier and energy services provider operating across the Nordic region, delivering electricity supply contracts, portfolio management (hedging Market/Balanced/Budget concepts), and flexibility/ancillary services to business customers. The company combines physical and financial electricity trading, market aggregation for ancillary service markets, Guarantees of Origin brokering, and distributed energy solutions (batteries, solar, EV charging) to help commercial customers reduce costs, optimize consumption, and participate in grid-balancing markets.

Product overview

Å Entelios is a B2B electricity supplier and energy services company operating as part of Å Energi Group, offering a platform-based approach to energy management. The core product is Portfolio Management for electricity trading and risk management, supplemented by specialized add-on modules including Production Services (for power producers), Ancillary Services (grid flexibility markets), Battery Solutions, Solar Power installations, and Charging Stations. Additional services include Guarantees of Origin and Energy Consulting. The company serves business customers across the Nordic region through its main offices in Norway, Sweden, Finland, and Denmark.

Differentiator

Problem solved

Functional benefit

Products and services

• Portfolio Management Electricity trading and portfolio management service that helps business customers minimize risk and optimize cost-effectiveness against volatile electricity prices. Offers three hedging concepts: Market (50% hedged), Balanced (80% hedged), and Budget (100% hedged), available in advisory or discretionary management modes.
• Production Services Services for power producers covering physical trading, financial trade, balancing responsibility, flexibility aggregation, battery solutions, price hedging, and Guarantees of Origin management to maximize revenue from electricity production.
• Ancillary Services Flexibility services enabling businesses to participate in balancing markets and local flexibility markets, helping stabilize the power grid while generating revenue from adjustable energy consumption or production.
• Battery Solutions Battery storage solutions for businesses that enable optimization of electricity consumption, cost savings on grid fees and electricity prices, and revenue generation through participation in flexibility markets.
• Solar Power Solar panel installation and financing solutions for companies, including needs analysis, installation management, financing options (self-investment or lease), and ongoing maintenance and monitoring.
• Charging Stations Complete EV charging infrastructure solution including efficient charging, smart control of charging times, scalable deployment, and financing starting from 0 EUR. Also enables revenue through selling capacity on flexibility markets.
• Guarantees of Origin (GOs) Environmental labeling service providing proof that consumed electricity is produced from renewable sources, enabling companies to document fossil-free electricity usage and stimulate renewable energy production.
• Energy Consulting Services Advisory services helping companies reduce consumption through energy-efficient solutions, smarter electricity usage, and optimization of self-produced renewable energy.

Quantifiable outcome

• 30% reduced consumption through energy optimization
• +5 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Münch EnergiecoreStrategic or Co-development Partner · 22 June 2026Münch Energie partnered with Entelios and Enspired to develop two battery storage facilities totaling 100 MW capacity (50 MW/100 MWh each) in Germany's Saxony-Anhalt region. Partnership focuses on integrating ancillary services and renewable energy into the power grid, enhancing power system flexibility and stabilizing grid infrastructure. Entelios provides route-to-market services for the battery storage projects.
• EnspiredcoreStrategic or Co-development Partner · 19 June 2026Enspired partnered with Münch Energie and Entelios to market 100 MW of battery storage capacity (two facilities of 50 MW/100 MWh each) across various short-term markets in Germany's Saxony-Anhalt region. Collaboration considered a key lever for improving economics of battery storage projects.
• World Kinect CorporationcoreStrategic or Co-development Partner · 1 October 2025Å Entelios signed agreement with World Kinect Corporation to acquire the customer portfolios of their Nordic subsidiary (Kinect). Competition authorities in Norway, Sweden, and Denmark approved the acquisition. Transaction completed February 1, 2026. The Kinect portfolio represents approximately 10 TWh per year.
• Battery and Technology SupplierscoreTechnology or IntegrationÅ Entelios collaborates with leading players in the battery industry. Through thorough needs and market analyses, the company finds the supplier that best fits each customer's requirements. Collaboration enables customized battery solutions considering placement, size, lifespan, and cost estimation.
• Å EnergicoreStrategic or Co-development PartnerÅ Entelios is part of Å Energi, Norway's leading power group. Å Energi focuses on increasing renewable energy production and developing better energy services. The group strategy drives acquisition opportunities and provides backing for Å Entelios' Nordic expansion.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Fortum: Finnish-headquartered Nordic energy company supplying electricity, heating, and energy services to B2B and B2C customers across the Nordics. Highly comparable as a regional competitor in Nordic B2B electricity supply and flexibility services.
• Statkraft: Norwegian state-owned renewable energy generator and major B2B energy market participant in the Nordics. Comparable as a domestic competitor offering electricity supply, balancing, and market access services to enterprise customers.
• Agder Energi: Norwegian regional utility group supplying electricity and energy services to business customers in southern Norway. Comparable as a Nordic B2B supplier and flexibility participant, with overlapping geographic footprint to Entelios.
• Next Kraftwerke: German virtual power plant operator aggregating distributed energy resources for ancillary services and balancing markets. Highly comparable as a flexibility aggregator and route-to-market partner, especially relevant to Entelios' German battery partnership and ancillary services business.
• Skagerak Energi: Norwegian regional energy group providing electricity supply and grid services to businesses in Eastern Norway. Comparable as a domestic Nordic B2B supplier competing in overlapping customer segments.
• Alpiq: Swiss electricity producer and B2B energy services provider active in European flexibility and balancing markets. Comparable as a mid-sized European electricity supplier and trader offering portfolio management and ancillary services to industrial customers.

Broad incumbents

• Vattenfall: Swedish state-owned European utility serving retail, B2B, and industrial customers across the Nordics and Northern Europe. Overlaps with Entelios in Nordic B2B electricity supply and emerging flexibility services, though operates at much larger scale and broader portfolio.
• E.ON: Major European energy supplier with Nordic B2B operations and growing flexibility/aggregation activities across Germany and Northern Europe. Overlaps with Entelios on B2B energy supply and emerging demand response services.

Emerging players

• Lichtblick: German energy services company operating a virtual power plant aggregating household and small commercial flexible loads. Comparable to Entelios' flexibility aggregation model, though focused on the German residential and prosumer segment.
• Sonnen (sonnen GmbH): German residential battery and virtual power plant company, now part of Shell. Comparable through its home battery + flexibility aggregation offering, providing a partial overlap with Entelios' battery and ancillary services strategy.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/entelios-ag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 records

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 Entelios AG