GazelEnergie

What GazelEnergie does

GazelEnergie is a French integrated energy producer and supplier, headquartered in Courbevoie, France, and operating as a wholly-owned subsidiary of EPH (Energetický a průmyslový holding), the 7th-largest European energy group. Founded in 1995 as SNET (Société Nationale d'Électricité et de Thermique) and rebranded under EPH ownership in 2019, the company supplies electricity and natural gas to over 5,000 PME-PMI and 4,000+ Grands Comptes customers in France, holding approximately 10% of the French B2B energy supply market and ranking as the 4th-largest renewable energy aggregator in the country. In FY2025, GazelEnergie generated €1.9 billion in revenue, delivered 13.2 TWh of electricity and gas, and produced 1,042 GWh of electricity from its own assets. Named enterprise customers include RATP, Paris Aéroport, SIAAP, Tereos, Norske Skog, Casino Group, and Les Mousquetaires.

The company's core assets include a 150 MW biomass power plant at the Provence site (converted from coal in 2019 with over €300 million invested), 90 MW of wind capacity across six wind farms, 10.5 MWc of solar PV across two plants, and battery storage systems (up to 100 MW/120 MWh planned at Provence). Development projects include the 400 MW Emil'Hy renewable hydrogen electrolysis facility at Emile Huchet (Saint-Avold), biomass heating networks, and the conversion of former coal sites (Emile Huchet, Provence, Lucy) into multi-tenant eco-industrial platforms. Technology features Guarantees of Origin-backed green energy, Green PPA structuring (10-20 year tenors), renewable aggregation services, and CEE energy efficiency certificates.

GazelEnergie operates a sales-led go-to-market model with dedicated enterprise sales teams, segmented client portals for PME and Grands Comptes, and 100% France-based customer service. Pricing includes fixed, peak/off-peak, and indexed options for PME-PMI, and bespoke dynamic pricing mechanisms up to 5 years for Grands Comptes. Revenue streams span subscription-based energy supply, transaction-based aggregation and PPA fees, capacity market and grid services revenue, and certificate-based CEE income. The company also announced the 2026 acquisition of green supplier ilek to broaden its consumer-facing footprint and reinforce integrated positioning in the French market.

Name

GazelEnergie

Legal name

GazelEnergie

Website

https://gazelenergie.fr

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

251–500 employees

Short description

GazelEnergie is a French integrated energy producer and B2B supplier (€1.9 billion FY2025 revenue, 9,000+ customers, ~10% French B2B market share), subsidiary of EPH, operating biomass, wind, solar, hydrogen, and battery assets across former coal industrial sites.

Ownership category

akta.pro rank

Product category

Business Energy Supply

NAICS

Biomass Electric Power Generation (221117), Electric Power Generation, Transmission and Distribution (2211)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs) (EUAGACAE)

akta.pro secondary industries

Gasification & Pyrolysis-to-Power (Waste/Biomass Advanced Thermal) (EUACAIAL), Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

• Electricity supply
• Natural gas supply
• Renewable energy aggregation
• Biomass power generation
• Energy efficiency services

Headquarters

HQ city

Courbevoie

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity supply (PME-PMI and Grands Comptes): GazelEnergie supplies electricity to over 5,000 PME-PMI and 5,000+ grandes comptes customers in France. Revenue is generated through electricity supply contracts with pricing options including fixed price, peak/off-peak pricing, and indexed price. Green energy option available.
2. Gas supply (PME-PMI and Grands Comptes): Natural gas supply to over 5,000 PME-PMI and 4,000+ grandes comptes customers with contract durations of 6 to 48 months. Options include fixed price, indexed price, and biomethane (green gas) option.
3. Green energy options (electricity and gas): Green energy option offered as an add-on to standard electricity and gas supply contracts, materialized by purchase of Guarantees of Origin (hydropower from small barrages under 12 MWh) or biomethane. Provides renewable energy certification and traceability.
4. Renewable energy aggregation: As the 4th largest renewable energy aggregator in France, GazelEnergie acts as intermediary between renewable energy producers, the electricity exchange, and large consumers. Services include complement de rémunération, exit from purchase obligations, and CPPA structuring.
5. Energy efficiency and CEE certificates: Facilitates energy renovation works and efficiency improvements for clients by providing CEE bonuses and Coup de Pouce financial incentives. GazelEnergie earns revenue from certificate creation and validation under the French CEE framework.
6. Electricity production (biomass, wind, solar, battery storage): Owns and operates power generation assets including 150 MW biomass (Provence), 90 MW wind, 10.5 MW solar, and battery storage (up to 100 MW planned). Revenue from electricity sales to the grid and capacity market participation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

GazelEnergie supplies electricity and natural gas to French businesses, serving over 5,000 PME-PMI and 4,000+ Grands Comptes customers with fixed, indexed, and dynamic pricing options including green energy variants. The company owns and operates 900 MW of generation capacity across biomass, wind, solar, battery storage, and a planned 400 MW hydrogen production project. It also offers energy transition services such as renewable aggregation, Green PPA structuring, CEE energy efficiency certificates, and eco-industrial platform services for decarbonized reindustrialization of former coal sites.

Product overview

GazelEnergie is an integrated French energy producer and supplier offering conventional energy (electricity, gas) and renewable energy products. The portfolio consists of energy supply offerings (electricity and gas for SMEs and large accounts), renewable energy aggregation services, green PPA contracts, CEE energy efficiency programs, and eco-industrial platform services. Production assets include biomass (150 MW), wind farms (90 MW across 6 sites), solar farms (10.5 MWc), battery storage, and a 400 MW hydrogen project (Emil'Hy). Customer-facing digital tools include dedicated client portals for SMEs and large accounts.

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Supply for PME-PMI
• Electricity Supply for Grands Comptes
• Natural Gas Supply for PME-PMI
• Natural Gas Supply for Grands Comptes
• Renewable Energy Aggregation
• Green PPA (Power Purchase Agreement)
• CEE (Certificats d'Économies d'Énergie) Programs
• Eco-Industrial Platform

Quantifiable outcome

• 80% CO2 reduction achieved at Provence biomass plant compared to previous coal operations
• +7 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• EP Infrastructure (EPIF)coreStrategic or Co-development PartnerEP Infrastructure is one of two main branches of EPH group, encompassing gas transport, electricity distribution, gas storage, and district heating networks. EPIF operates significant facilities in the Czech Republic, Slovakia, and Germany.
• EP Power Europe (EPPE)coreStrategic or Co-development PartnerEP Power Europe is the branch of EPH group that encompasses thermal and renewable electricity generation (wood energy and biogas). EPPE is active in Germany, UK, Italy, Slovakia, France (GazelEnergie), and Ireland. GazelEnergie is a subsidiary under EPPE.
• MosaHYccoreStrategic or Co-development PartnerMosaHYc is a 100 km hydrogen transport infrastructure project in the Grand Est region. GazelEnergie's Emil'Hy hydrogen production (400 MW electrolysis) will inject renewable hydrogen into the MosaHYc network, serving industrial and mobility hydrogen users in the territory.
• Greater Region Hydrogen InitiativeminorStrategic or Co-development PartnerRegional hydrogen ecosystem initiative in the Greater Region (Saarland, Lorraine, Belgium) supporting the transition from coal to hydrogen. GazelEnergie participates as a producer at Emile Huchet site.
• Association ChemesiscoreStrategic or Co-development PartnerChesis is the association of the Carling Saint-Avold industrial platform hosting specialty chemistry, industrial gases, composite materials, and energy production companies. GazelEnergie operates at this platform as part of the eco-industrial ecosystem. The association accelerates innovation and development for platform members.
• RTE (Réseau de Transport d'Électricité)coreTechnology or IntegrationRTE is France's electricity transmission system operator. GazelEnergie provides grid balancing services to RTE through its battery storage projects at Emile Huchet and Provence sites, and participates in the capacity market. 63kV and 225kV grid connections at Provence site.
• ADEMEminorStrategic or Co-development PartnerADEME (Agence de la Transition Écologique) selected the Emile Huchet Bois Energie (EHB) project as a BCIAT award winner under France Relance plan, supporting the project's €35 million investment with public funding.
• Council of the Grand Est RegionminorStrategic or Co-development PartnerStrategic partnership with the Grand Est Regional Council for the deployment of the carbon compensation fund projects, prioritising Label Bas-Carbone certified projects in the territory.
• Green PPA / CPPA counterparty producersminorChannel Partner/ Reseller/ DistributorRenewable energy producers entering into Green PPA or Corporate PPA agreements with GazelEnergie, whose volumes are integrated into GazelEnergie's supply offers or structured products transferred to the customer's energy supplier.
• EPG renewables (EPH group affiliates)minorStrategic or Co-development PartnerEP Group operates renewable assets including biomass plants in Italy (Strongoli 47MW, Biomasse Crotone 27MW, Fusine Energia 5.7MW) and the Lynemouth 420MW coal-to-biomass conversion in the UK (2018), sharing expertise with GazelEnergie for biomass conversion.

Scale indicators21 records

Recent moves12 records

Expansion highlights6 records

Direct peers

• EDF: France's dominant state-owned electricity utility and largest B2B energy supplier, competing directly with GazelEnergie for PME-PMI and grands comptes customers. EDF also operates significant generation capacity in France, including nuclear, hydro, and renewables, making it the primary incumbent GazelEnergie positions against in both supply and green tariffs.
• Engie: Major French listed utility with strong positions in natural gas distribution, electricity supply, and renewable generation across France and Europe. Engie competes with GazelEnergie in B2B gas and electricity supply and is a comparable integrated player pursuing green energy and decarbonization offerings in the same French market.
• TotalEnergies: French integrated energy major with growing B2B electricity and gas supply franchise in France, plus significant renewable generation and biomethane investments. TotalEnergies is a direct competitor in the French B2B supply market and an emerging competitor in renewable aggregation and PPAs, with substantially greater capital resources.
• Statkraft: Norwegian state-owned utility and Europe's largest renewable energy generator, active in renewable aggregation, PPA origination, and B2B power supply across Europe. Comparable to GazelEnergie in its renewable aggregation role and PPA structuring capabilities, and operates in overlapping continental European markets.
• Alpiq: Swiss integrated energy company with electricity generation (hydro, thermal, renewables) and B2B energy supply across Switzerland and continental Europe. Alpiq mirrors GazelEnergie's model of combined generation and B2B supply and is a comparable mid-sized European player with renewable and flexible generation assets.

Broad incumbents

• E.ON: Major German integrated utility operating across European energy networks, customer solutions, and renewable generation. E.ON was the parent of GazelEnergie (then SNET) before E.ON's 2016 spin-off of Uniper, and remains a relevant comparison as a much larger European utility with B2B supply and energy transition services portfolios.
• Uniper: German energy company that owned SNET (now GazelEnergie) before divesting it to EPH in 2019, and now operates generation and trading across Europe. Uniper provides a useful comparison as a larger European energy producer with thermal and renewable assets, gas storage, and trading capabilities, though it has a different geographic and asset mix.
• Vattenfall: Swedish state-owned integrated utility with operations across generation, distribution, and heat, including renewable energy and B2B supply in northern Europe. Comparable as a large European utility executing its own coal-to-renewables transition and offering renewable PPAs and aggregation services to C&I customers.
• Eni: Italian integrated energy major with significant French retail and B2B operations (Eni Plenitude), plus renewable generation, biomethane, and hydrogen initiatives. Eni/Plenitude competes with GazelEnergie in European B2B gas and power supply and is pursuing similar energy transition investments in hydrogen and renewables.

Emerging players

• BKW Energie: Swiss energy and services company with renewable generation, B2B supply, and growing European footprint. Smaller and more niche than GazelEnergie, but a useful comparable on the integrated-generation-and-supply model and on renewable aggregation services in adjacent markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@gazelenergie
• LinkedInlinkedin.com/company/gazelenergie
• Facebookfacebook.com/GazelEnergie

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

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 GazelEnergie