GETEC

What GETEC does

GETEC is a privately held German energy services group founded in 1993 and headquartered in Hannover, operating across Germany and Poland with over 1,000 employees (as of the June 2015 milestone, with subsequent organic and inorganic growth). The group serves industrial, commercial, property management, and municipal customers with an integrated portfolio spanning energy contracting, renewable energy generation, energy trading, grid services, and green hydrogen production. Its customer base includes major enterprises such as Continental, Vodafone, Nestlé, Deutsche Bahn, Holcim, Union Investment, Deutsche Wohnen, and FrieslandCampina. GETEC is controlled by managing shareholder Dr. Karl Gerhold and managed by a Geschäftsführung team including CEO Franziska Artz and CFO Steffen Schmidt.

The group's offerings are organized across multiple operating subsidiaries. GETEC Energie handles decentralized energy supply networks, CHP systems, and PPA procurement (over 2 TWh facilitated). GETEC green energy develops wind, solar, and hydrogen projects including the Energiepark Zerbst green hydrogen facility developed with Siemens and Fraunhofer CSP. GEWI performs direct marketing of a 4,300 MW renewable portfolio. GETEC net operates area networks, smart metering, and grid infrastructure. Convex Energy provides computer-aided energy trading, and the enPortal PPA marketplace enables digital procurement for corporate customers. Supporting units cover EV charging infrastructure (GETEC mobility solutions), PV installations with exclusive programs for Volkswagen and Audi dealer networks (GETEC solar solutions), real estate-focused energy transition services (GETEC Arbireo), and data/billing management (GETEC DAM).

GETEC's revenue model combines long-term recurring energy contracting, transaction-based trading margins and PPA management fees, asset-based generation revenues from owned renewable plants, and managed services for metering and billing. The group goes to market exclusively via direct B2B enterprise field sales, dedicated account management for large industrial customers, and the enPortal PPA marketplace. In July 2024, BP's acquisition of GETEC ENERGIE GmbH was approved, representing a major carve-out of the core contracting and trading subsidiary, while the parent holding (GETEC Energie Holding GmbH) retains its renewable energy, grid, mobility, smart solutions, and solar businesses. The group has also pursued inorganic expansion via acquisitions (Imtech Contracting, EEG, ENGIE Energielösungen, ROMONTA, Resonanz Energy), a joint venture with EDF Trading (2021), and a European platform partnership with Alpiq (2019).

Name

GETEC

Legal name

GETEC Energie Holding GmbH

Website

https://getec.de

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

GETEC is a privately held German energy services group founded in 1993, providing energy contracting, PPA procurement, renewable generation, grid services, and green hydrogen solutions to industrial, commercial, and property management customers across Germany and Europe.

Ownership category

akta.pro rank

Product category

Energy Contracting and Decentralized Energy Services

NAICS

Fossil Fuel Electric Power Generation (221112), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Electric Power Transmission, Control, and Distribution (22112)

SIC

Cogeneration Services & Small Power Producers (4991), Electric Services (4911), Electric, Gas & Sanitary Services (4900), Gas & Other Services Combined (4932)

akta.pro primary industry

Captive & Embedded Gas-Fired Power Generation (Industrial/Commercial CHP) (EUALALAB)

akta.pro secondary industries

REC/GO Aggregation & Supply Origination (Generators/IPP Aggregators) (EUAMAKAH), Incentives, Grants & Program Administration (Auctions, Tenders, IRA/ITC/PTC Advisory) (EUAMAAAJ), EMS / SCADA / DERMS Controls Integration for Storage (EUAEAEAG), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

Keywords

• Energy contracting services
• Decentralized energy supply
• Power purchase agreements
• Renewable energy trading
• Smart metering infrastructure

Headquarters

HQ city

Magdeburg

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Contracting: Long-term contracts for planning, construction, and operation of energy supply infrastructure for industrial and commercial properties. Revenue generated through energy supply contracts with guaranteed efficiency and cost savings.
2. Energy Trading & PPA Services: Trading of electricity and gas, procurement of renewable energy through power purchase agreements for customers. Revenue from trading margins and PPA management fees.
3. Renewable Energy Generation: Operation and partial ownership of renewable energy assets including wind parks, solar installations, and green hydrogen production facilities. Revenue from energy generation and feed-in tariffs.
4. Grid Services and Smart Metering: GETEC net subsidiary provides metering services, network operation, and smart grid infrastructure management for property developers and municipalities.
5. Professional Services and Consulting: Energy consulting, efficiency audits, and technical services for industrial customers including feasibility studies and implementation support.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

GETEC is a B2B group of energy service companies providing energy contracting (planning, construction, and operation of decentralized energy supply networks including heating, cooling, and CHP), corporate green Power Purchase Agreements (PPAs) with 2+ TWh procured, renewable energy generation (wind, solar, green hydrogen), direct marketing of renewable energy (4,300 MW portfolio via GEWI), and smart metering/grid services for industrial, commercial, and property management customers across Germany and Poland.

Product overview

GETEC is an energy services company offering a multi-subsidiary portfolio of integrated energy solutions. The core divisions include GETEC Energie (energy contracting, trading, and PPA services), GETEC Green Energy (renewable energy development including wind, solar, and hydrogen), and GETEC net (grid services and smart metering). Supporting subsidiaries include GEWI (direct marketing of renewable energy up to 4,300 MW portfolio), GETEC mobility solutions (EV charging infrastructure), GETEC solar solutions (PV installations), GETEC smart solutions (digital energy management), GETEC DAM (data and billing management), EEG (energy purchasing services), Convex Energy (energy trading), and ROMONTA (mining/energy transition). The company also operates the enPortal PPA marketplace platform and has developed large-scale infrastructure projects including the world's largest 2nd-use battery storage system.

Differentiator

Problem solved

Functional benefit

Brands

• GETEC green energy: Renewable energy solutions including solar, wind, and hydrogen projects
• GETEC net
• GETEC Energie
• GETEC mobility solutions
• GETEC smart solutions
• GETEC solar solutions
• GEWI
• EEG
• Convex Energy

Products and services

• Energy Contracting and Decentralized Energy Solutions (GETEC Energie) Long-term energy contracting service covering planning, construction, and operation of decentralized energy supply networks (heating, cooling, CHP) for industrial and commercial properties. Targeted at industry, commerce, and property management companies seeking energy efficiency and cost savings.
• Corporate Green Power Purchase Agreement (PPA) Services PPA procurement and management service enabling industrial and commercial customers to secure renewable electricity supply, with more than 2 TWh procured cumulatively. Includes digital marketplace enPortal for streamlined PPA transactions (e.g., Holcim Deutschland).
• Renewable Energy Solutions (GETEC Green Energy) Development, operation, and partial ownership of renewable energy assets including wind parks, solar installations, and green hydrogen production facilities. Serves industrial customers and renewable energy producers.
• Direct Marketing of Renewable Energy (GEWI) Direct marketing service for renewable energy from wind and solar installations, managing a portfolio of up to 4,300 MW through the GEWI subsidiary in Germany and Poland. Serves energy producers and plant operators.
• Smart Metering and Grid Services (GETEC net) Smart meter infrastructure, modern measurement equipment, Areal (district) networks, and grid services for property developers, municipalities, and property managers. Includes the Hamburg Südliches Überseequartier smart grid project.
• EV Charging Infrastructure (GETEC mobility solutions) Electric vehicle charging infrastructure solutions including deployment and management of charging stations for property managers, real estate developers, and commercial customers. Part of Deutsche Wohnen's rollout of 2,000 charging points in residential quarters.
• Photovoltaic Solutions (GETEC solar solutions / GETEC Arbireo Betriebs) Photovoltaic installation services for commercial, industrial, and real estate customers, including exclusive PV offerings for Volkswagen and Audi partner dealers. Captures energy transition potential for property owners.
• Smart Energy Solutions (GETEC smart solutions) Smart energy management and digital energy services for commercial and industrial customers, including intelligent energy management systems.
• Data and Billing Management (GETEC DAM) Data management and billing administration services for energy customers, supporting energy supply contract administration and customer billing operations.
• Energy Trading (Convex Energy) Computer-aided energy trading subsidiary providing advanced algorithmic trading capabilities for electricity and gas markets, strengthened by Resonanz Energy RE GmbH acquisition.
• Energy Consulting and Professional Services Energy consulting, efficiency audits, feasibility studies, and technical implementation support for industrial customers across energy procurement, contracting, and renewable integration.
• enPortal PPA Marketplace Digital marketplace platform facilitating PPA transactions, enabling streamlined green electricity procurement for corporate customers such as Holcim Deutschland.

Quantifiable outcome

• Over 2 TWh PPA electricity procured for customers
• +3 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• EDF TradingcoreStrategic or Co-development Partner · 6 September 2021GETEC ENERGIE and EDF Trading established a joint venture for European energy market services, combining GETEC's regional market expertise with EDF Trading's global trading capabilities.
• AlpiqcoreStrategic or Co-development Partner · 30 September 2019GETEC and Alpiq built a European platform for energy market services for energy utilities, combining Swiss and German energy market expertise.
• Fraunhofer CSPminorStrategic or Co-development PartnerGETEC green energy GmbH and Fraunhofer CSP developed joint PV monitoring project and collaborated on green hydrogen production in Zerbst/Anhalt.
• ROMONTA Bergwerks Holding AGminorStrategic or Co-development PartnerGETEC acquired ROMONTA Bergwerks Holding AG in 2020 and collaborated on renewable energy projects including Ersatzbrennstoffkraftwerk (substitute fuel power plant).
• MIBRAGminorStrategic or Co-development PartnerPartnership for development of cross-border Energiepark Profen combining former mining land rehabilitation with renewable energy generation.

Scale indicators6 records

Recent moves10 records

Expansion highlights7 records

Direct peers

• Dalkia: European leader in energy services and district heating/cooling networks owned by EDF. Closest direct competitor to GETEC's CHP-based contracting and decentralized energy supply model serving industrial and municipal customers in France and adjacent markets.
• Equans: Bouygues-owned European multi-technical services and energy contracting provider. Competes head-to-head with GETEC Energie on industrial energy contracting, PPA advisory, and multi-site facility energy management across Germany, France, and Benelux.
• SPIE GmbH: German subsidiary of French SPIE SA, providing technical facility services and energy solutions to industrial and commercial customers. Directly comparable on energy contracting, building energy management, and grid services portfolio in Germany.
• ENGIE Deutschland: German arm of global utility ENGIE, focused on decentralized energy infrastructure and energy services. Notably, ENGIE Energielösungen was acquired by GETEC in 2018, illustrating the direct overlap with GETEC Energie's contracting business.
• Next Kraftwerke: German virtual power plant operator and direct marketer of renewable energy. Directly comparable to GEWI subsidiary's 4,300 MW renewable direct marketing business and adjacent to GETEC's PPA procurement operations.
• Energy2market (e2m): German direct marketer of renewable energy and virtual power plant operator. Directly comparable to GEWI's renewable direct marketing portfolio and to GETEC's energy trading subsidiary Convex Energy.

Broad incumbents

• E.ON Energy Solutions: Large German utility with broad energy services, district heating, and decentralized energy offerings serving industrial customers. Overlaps with GETEC's contracting and PPA portfolio but competes as part of a much wider utility business.
• EnBW Energie Baden-Württemberg: Major German integrated utility offering corporate PPA, energy contracting, and renewable development. Competes with GETEC on enterprise green power procurement but is much broader in scope across generation, distribution, and retail.

Regional players

• Stadtwerke München (SWM): Large municipal utility with energy contracting, CHP, and renewable generation serving Munich industrial and commercial customers. Comparable business model to GETEC Energie but geographically concentrated in Bavaria rather than national.

Emerging players

• Lichtblick: German green energy provider and virtual power plant operator focused on decentralized energy and direct marketing. Comparable to GETEC's renewable direct marketing and home/building energy services, though more residential-weighted than GETEC's enterprise focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries15 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 GETEC