BS|ENERGY

What BS|ENERGY does

BS|ENERGY (legal entity: Braunschweiger Versorgungs-AG & Co. KG) is a regional multi-utility headquartered in Braunschweig, Lower Saxony, that supplies electricity, natural gas, district heating, drinking water, and wastewater services to more than 250,000 residents of Braunschweig and surrounding areas, alongside a nationwide business-customer channel for electricity and gas. The company owns and operates the integrated local network through its BS|NETZ subsidiary, runs a district heating system serving approximately 60,000 households that is generated primarily via combined heat and power (95.6%), and maintains a drinking water supply sourced mainly from the Harz reservoirs. Following the April 2024 coal phase-out — backed by roughly €250 million of investment, the largest in company history — district heating now draws on biomass (recycled wood) and gas turbine cogeneration, with two large heat storage facilities at HKW Mitte and a renewable heating share of 38.8% (target 100% by 2040).

The product surface extends well beyond classical utility supply. It includes green and dynamic electricity tariffs (BS|Naturstrom Gold, BS|Dynamikstrom, BS|sparstrom plus), a TÜV Nord-certified climate-neutral gas product (BS|Klimagas), an EV charging network of 34 public stations (Löwenladen, up to 150 kW DC), home wallbox installations with ChargeX smart-load technology, a car-sharing partnership via Flinkster/Sheepersharing, residential rooftop and balcony PV, heat pumps with a dedicated discounted tariff, fiber-optic internet up to 1 GBit/s for businesses, public Wi-Fi (BS|HotSpot, 26 hotspots), and a city app (Löwenbündel). Underpinning this is a wholly-owned digitalization subsidiary (KOM|DIA, founded 2019), a subsidiary for wastewater (SE|BS), and several minority holdings in nearby Stadtwerke (Gifhorn, Elm-Lappwald, Springe).

The business model is a hybrid of regulated municipal concession revenue (Daseinsvorsorge supply for Braunschweig) and competitive retail and B2B energy supply, plus an emerging platform of smart-city and e-mobility services. Ownership is split 50.1% Veolia (strategic parent since 2005), 25.1% City of Braunschweig, and 24.8% Thüga AG (since 2018). The company employs roughly 1,200 people, has served the city continuously since 1851, and reported approximately €250 million of investment in the most recent generation-modernization cycle as its single largest capital program.

Name

BS|ENERGY

Legal name

Braunschweiger Versorgungs-AG & Co. KG

Website

https://bs-energy.de

Company type

Private

Founded year

1851

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

BS|ENERGY is a regional multi-utility based in Braunschweig, Germany, supplying electricity, gas, district heating, water, fiber-optic, and e-mobility services to over 250,000 residents and business customers across Germany. Majority-owned by Veolia (50.1%) with the City of Braunschweig (25.1%) and Thüga (24.8%) as shareholders.

Ownership category

akta.pro rank

Product category

Multi-Utility Services (Electricity, Gas, District Heating, Water, Telecommunications, E-Mobility)

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Biomass Electric Power Generation (221117)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

akta.pro secondary industry

C&I Onsite/Behind-the-Meter Energy Supply (Solar, CHP, Microgrids) (EUAGACAJ)

Keywords

• Regional multi-utility services
• Electricity and gas supply
• District heating networks
• Drinking water supply
• Public EV charging infrastructure

Headquarters

HQ city

Braunschweig

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Supply: Supply of electricity to residential and business customers in Braunschweig and nationwide for business customers. Includes standard tariffs, green electricity (BS|Naturstrom), fixed-price products (BSSparstrom Plus), and dynamic tariffs (BS|Dynamikstrom).
2. Natural Gas Supply: Natural gas delivery to residential and business customers, including climate-friendly gas (Klimagas). Gas is transported via long-distance gas pipeline network and distributed through high-pressure, medium-pressure, and low-pressure networks.
3. District Heating (Fernwärme): District heating supply generated primarily through combined heat and power (95.6%), distributed via hot water pipe system to households and businesses.
4. Water Supply and Wastewater: Drinking water supply from Harz reservoirs and regional sources, plus wastewater treatment through Stadtentwässerung Braunschweig GmbH (SE|BS).
5. Telecommunications: Fiber optic connections (Glasfaser) with symmetric bandwidths up to 1 GBit/s for business customers in Braunschweig commercial areas.
6. E-Mobility Services: Wallbox sales, charging infrastructure services, public charging stations (Löwenladen), and E-Sharing through partnership with Sheepersharing/Flinkster.
7. Solar & Heat Pump Solutions: Balcony PV systems, rooftop photovoltaic installations, heat pumps, and air conditioning systems for residential customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels11 records

Core offering

BS|ENERGY is a regional multi-utility provider supplying electricity, natural gas, district heating, drinking water, wastewater services, fiber optic telecommunications, and e-mobility infrastructure to more than 250,000 residents and businesses in and around Braunschweig, Germany. The company generates electricity and heat through combined heat and power plants (biomass and gas), operates an extensive district heating network serving ~60,000 connections, and supports the regional energy transition through public EV charging, rooftop solar, and heat pump offerings.

Product overview

BS|ENERGY is a regional energy utility and infrastructure services provider offering an integrated portfolio of energy, water, telecommunications, and mobility products and services for residential and business customers in Braunschweig and across Germany. The core offering includes electricity (BS|Naturstrom including Gold variant with Grüner Strom certification, Grundversorgung standard supply, BS|sparstrom plus fixed-price, and BS|Dynamikstrom dynamic tariff), natural gas (BS|Klimagas TÜV-certified climate-neutral, standard supply), and district heating (Fernwärme via CHP cogeneration serving 60,000+ customers). The company provides drinking water supply (sourced from Harz reservoirs) and wastewater management through subsidiary SE|BS. Mobility offerings include public EV charging network (Löwenladen with 34 stations including DC fast charging up to 150kW), home wallbox solutions, smart charging infrastructure (ChargeX-based), and E-Sharing car rental. Telecommunications services include internet (Surf) and fiber optic connectivity up to 1 GBit/s for businesses. Solar products include rooftop PV installation and balcony power systems. Heat pump solutions with government subsidies up to 70% are offered. Digital services include customer portal (MEIN|PORTAL), city app (Löwenbündel), and public WiFi (BS|HotSpot with 26 hotspots). Business services encompass energy management, energy data portal, site management, and branch supply. The company operates as part of the Veolia Group with Thüga as shareholder and maintains subsidiary companies including BS|NETZ (network operations), SE|BS (wastewater), and KOM|DIA (digitalization).

Differentiator

Problem solved

Functional benefit

Brands

• BS|Naturstrom: Green electricity product sourced from 100% renewable energy; certified by Grüner Strom Label e.V.
• BS|Klimagas
• BS|Dynamikstrom
• BS|Eintracht-Strom67
• BS|HaushaltPlus
• BS|SPARSTROM Plus
• BS|HotSpot
• Löwenladen
• Löwenbündel
• BS|NETZ
• SE|BS (Stadtentwässerung Braunschweig)
• Surf (Glasfaser)

Products and services

• BS|Naturstrom / BS|Naturstrom Gold
• BS|Grund- und Ersatzversorgung Strom
• BS|sparstrom plus
• BS|Dynamikstrom
• BS|Eintracht-Strom67
• BS|Klimagas
• BS|Grund- und Ersatzversorgung Gas
• District Heating (Fernwärme)
• Drinking Water Supply
• Wastewater Management
• Surf (Internet)
• Fiber Optic (Glasfaser)
• Wallbox
• Löwenladen (Public EV Charging Network)
• Commercial Charging Infrastructure (Ladeinfrastruktur)
• E-Sharing (Electric Carsharing)
• Balkonkraftwerk (Balcony PV System)
• Rooftop Photovoltaic (Aufdach PV)
• Heat Pump (Wärmepumpe)
• Energy Management Solutions for Business
• Energy Data Portal (Energiedatenportal)
• Site Management (Standortmanagement)
• Branch Supply (Filialversorgung)
• MEIN|PORTAL (Customer Self-Service Portal)
• Löwenbündel (Braunschweig City App)
• BS|HotSpot (Public WiFi)

Quantifiable outcome

• 38.8% renewable energy share in district heating achieved through coal phase-out in April 2024
• +4 more outcomes

Named customers10 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

Integration5 records

AI capability2 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Sheepersharing (Harms Autovermietung)minorStrategic or Co-development Partner · 1 January 2020Car rental company partnered with BS|ENERGY since September 2020 to offer E-Sharing (electric carsharing) in Braunschweig. Vehicles bookable via Flinkster platform or directly at Harms office. BS|ENERGY customers receive waived registration fee as a benefit.
• KOM|DIAcoreTechnology or Integration · 1 January 2019Digitalization agency founded by BS|ENERGY in 2019 to develop digital solutions including the Löwenbündel city app, ChargeX smart charging infrastructure management, and other smart city initiatives. KOM|DIA collaborates with BS|ENERGY on E-mobility research projects.
• htpcoreTechnology or Integration · 1 January 2016Telecommunications provider from Hannover that partners with BS|ENERGY to operate the BS|HotSpot public WiFi network in Braunschweig city center. htp provides active network operation and is the carrier under the Telecommunications Act (TKG).
• Stadt BraunschweigcoreStrategic or Co-development PartnerCity of Braunschweig holds 25.1% of BS|ENERGY shares and is a key strategic partner for municipal infrastructure projects including district heating expansion, smart city initiatives, and public services. BS|ENERGY operates street lighting, traffic lights, and other municipal infrastructure for the city.
• FlinksterminorChannel Partner/ Reseller/ DistributorCarsharing platform through which BS|ENERGY E-sharing vehicles are bookable alongside Sheepersharing at Harms office and BS|ENERGY Taubenstraße location.
• TU BraunschweigminorStrategic or Co-development PartnerTechnical University of Braunschweig partners with BS|ENERGY on research projects around electromobility to advance the technology. BS|ENERGY also collaborates with TU on various infrastructure and environmental research initiatives.
• Thüga (Stadtwerkeverbund)minorStrategic or Co-development PartnerBS|ENERGY collaborates with Thüga city utility network on the 'Ladeinfrastruktur 2.0' field test starting December 2020, investigating the impact of EV charging behavior on the electricity grid in Waggum and Dibbesdorf areas.
• Braunschweigische Landessparkasse (BLSK)minorStrategic or Co-development PartnerPartnership under 'Unsere Region im Blick. Gemeinsam mehr bewegen.' supporting sustainable and local environmental projects. Funded tree planting initiatives (8,000 trees) in Schöninger Schulwald and Harz through BS|Naturstrom Gold customer contributions.
• Stadtentwässerung Braunschweig GmbH (SE|BS)coreStrategic or Co-development PartnerWholly-owned subsidiary of BS|ENERGY group (since 2006) responsible for wastewater treatment and water protection in Braunschweig. Operates Klärwerk Steinhof and conducts environmental education programs.
• Braunschweiger Netz GmbH (BS|NETZ)coreStrategic or Co-development PartnerNetwork company founded in 2010 as part of BS|ENERGY group responsible for operating electricity, gas, and fiber optic networks in Braunschweig region.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• enercity: Stadtwerke Hannover AG, headquartered in Hannover, Lower Saxony — the closest regional peer. Operates an integrated multi-utility portfolio (electricity, gas, district heating, water, e-mobility) in a similar sized German city, owned jointly by the city and a strategic partner (Talanx). Business model, regulated baseline-supply franchise, and decarbonisation pathway closely mirror BS|ENERGY's.
• EWE AG: Large northern-German energy and telecommunications utility headquartered in Oldenburg, Lower Saxony. Serves residential and business customers with electricity, gas, and broadband across the same broader geographic region as BS|ENERGY, with a comparable mix of regulated supply, renewable generation, and digital infrastructure.
• Avacon AG: Electricity and gas distribution network operator headquartered in Helmstedt, Lower Saxony, serving Lower Saxony, Saxony-Anhalt, and parts of North Rhine-Westphalia. Directly comparable to BS|NETZ (BS|ENERGY's network subsidiary): same region, regulated network operator role, and similar build-out drivers including renewable interconnection.
• Mainova AG: Frankfurt-based multi-utility providing electricity, gas, district heating, and water to Frankfurt am Main and the Rhine-Main region. Structurally comparable to BS|ENERGY: municipal-regulated supplier with diversified revenue streams, energy transition capex, and exposure to a single major German metropolitan area.
• DEW21: Dortmund municipal multi-utility (Dortmunder Energie- und Wasserversorgung GmbH) supplying electricity, gas, district heating, and water in the Ruhr area. Comparable mid-sized German Stadtwerke profile with district heating as a meaningful share of revenue and an analogous city-utility governance model.
• N-ERGIE AG: Nürnberg-based regional multi-utility supplying electricity, gas, district heating, and water across Middle Franconia. Closely comparable to BS|ENERGY on customer-segment mix, district-heating exposure, and the multi-utility cross-sell model in a mid-sized German metropolitan area.

Broad incumbents

• Stadtwerke München (SWM): Municipal multi-utility of Munich, materially larger but operating the same integrated electricity, gas, district heating, water, and public transport business model as BS|ENERGY. SWM's portfolio (including large-scale offshore wind and geothermal exploration) is a useful incumbent benchmark for BS|ENERGY's strategic direction and capital allocation.

Regional players

• Avacon Natur GmbH / Avacon Connect: Operator-side subsidiaries of Avacon covering fibre-optic networks and B2B energy services in Lower Saxony. Most direct regional comparator for BS|ENERGY's Surf/Glasfaser fibre-optic and business energy management offerings in the same geographic territory.

Emerging players

• Octopus Energy Germany: UK-headquartered digital-first challenger energy supplier active in the German retail electricity and gas market. Direct competitor to BS|ENERGY's BS|Dynamikstrom dynamic-tariff offering and a leading indicator of margin pressure from new, software-led entrants into BS|ENERGY's regulated retail territory.

Others

• Thüga AG: Germany's largest network of municipal utilities, holding 24.8% of BS|ENERGY and providing shared services and procurement across the network. Not a customer- or market-overlapping competitor, but a strategic shareholder and operational partner whose broader Stadtwerke network anchors BS|ENERGY's strategic benchmarks and capital partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCxWiMFjycyPGNiN7aqKsx9Q
• Facebookfacebook.com/BS.ENERGY
• LinkedInlinkedin.com/company/bsenergy
• Instagraminstagram.com/bs.energy
• Xx.com/bs_energy

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 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 BS|ENERGY