Greenflex

What Greenflex does

Greenflex is a Paris-headquartered energy transition consultancy founded in 2009 that helps enterprises and public authorities decarbonize operations, improve energy efficiency, and meet sustainability regulations. The company serves 800+ clients across four primary verticals — Retail/Distribution, Industry, Tertiary/Office, and Territories/Local Authorities — with operations in France, Spain, Italy, and Germany and a workforce of 500–800 employees. Its service portfolio spans climate strategy, life cycle assessment, project management assistance, turnkey energy performance contracts (CPE), and integrated financing including leasing, third-party financing, and CEE (Energy Saving Certificate) monetization, with cumulative financed assets exceeding €1 billion.

Greenflex's core technology is GreenFlex IQ, a proprietary SaaS platform that aggregates energy, carbon, and equipment data from 38,000 managed sites, providing real-time monitoring, anomaly detection, and equipment lifecycle management across HVAC, refrigeration, lighting, EV charging, and photovoltaic assets. The platform integrates with clients' internal tools and is paired with the company's multi-expertise delivery model combining consulting, operational support, digital tools, and financing. GreenFlex IQ is offered alongside dedicated modules for energy monitoring and energy-intensive equipment management, supporting use cases from regulatory compliance (CSRD, Tertiary Decree, F-Gas) to guaranteed energy savings.

The business model blends four revenue streams: (1) professional consulting and advisory fees from decarbonization roadmaps, feasibility studies, and regulatory compliance work; (2) transaction-based revenue from financing margins and CEE valorization; (3) recurring SaaS subscriptions for the GreenFlex IQ platform; and (4) hardware resale margins from refurbished equipment. Go-to-market is direct enterprise sales through approximately 20 regional branches, with pricing structured as project-based engagements and custom financial packages rather than standard published tiers. Following TotalEnergies' October 2025 divestiture, Greenflex now operates as part of the Oteis consulting and engineering group, while TotalEnergies remains a major customer through a retained CEE contract.

Name

Greenflex

Legal name

GreenFlex SAS

Website

https://greenflex.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Greenflex is a Paris-based energy transition consultancy serving 800+ enterprises and public authorities across France, Spain, Italy, and Germany with decarbonization, energy efficiency, and regulatory compliance services delivered through consulting, proprietary GreenFlex IQ SaaS, and integrated financing.

Ownership category

akta.pro rank

Product category

Energy and Sustainability Consulting

NAICS

Environmental Consulting Services (541620), Other Scientific and Technical Consulting Services (54169), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371), Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

akta.pro secondary industries

Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms (EUABAEAD), Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE)

Keywords

• Energy efficiency consulting
• Carbon management platform
• Decarbonization services
• Sustainability advisory
• Energy performance contracting

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Consulting Services: GreenFlex generates revenue through multi-expertise consulting services covering decarbonization, energy efficiency, sustainable development strategy, and regulatory compliance (CSRD, Tertiary Decree, F-Gas). Services include project management assistance (AMO), feasibility studies, design studies, and performance monitoring. Revenue is derived from professional service fees, typically structured as project-based engagements or long-term advisory retainers.
2. Financing and Asset Management Services: GreenFlex provides lease financing, third-party financing (tiers-financement), and manages equipment financing for clients. The company also handles Energy Saving Certificate (CEE) monetization, financing of industrial projects, and turnkey financed projects. Revenue is generated through financing margins, asset management fees, and transaction-based financing arrangements.
3. Digital Platform Subscriptions: GreenFlex IQ SaaS platform for energy monitoring and equipment management is provided as a managed service. Platform subscription enables clients to track energy performance, manage equipment portfolios, and access reporting and analytics.
4. Equipment Sales and Reconditioning: GreenFlex buys back, reconditions, and resells energy-intensive equipment (refrigeration units, HVAC, cold production equipment) as part of circular economy services. Revenue is generated through the margin on resale of refurbished equipment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

GreenFlex delivers a multi-expertise offering that combines energy, carbon and sustainability consulting with operational project delivery, integrated financing solutions (leasing, third-party financing, Energy Savings Certificates), and its proprietary GreenFlex IQ SaaS platform for energy monitoring, carbon management and equipment lifecycle management. It serves enterprises and territories across France, Spain, Italy and Germany with turnkey low-carbon transition projects, Energy Performance Contracts, and digital performance monitoring across 38,000 managed sites.

Product overview

GreenFlex is a multi-expertise sustainable consultancy platform offering a portfolio of interconnected services for energy transition and decarbonization. The core platform is GreenFlex IQ, a SaaS solution for carbon, energy and equipment management that provides data aggregation and 360-degree visibility for strategic decision-making. This platform includes specialized modules for energy monitoring and energy-intensive equipment management. The service portfolio spans advisory (climate strategy, life cycle assessment), project delivery (turnkey projects, energy performance contracts, project management assistance), and financing solutions (lease financing, CEE certificates, third-party financing, refurbished equipment programs). All services are delivered through a multi-expertise model combining advisory, operational support, digital tools and financing to guide organizations from roadmap design through operational implementation and long-term performance monitoring.

Differentiator

Problem solved

Functional benefit

Products and services

• GreenFlex IQ Platform A SaaS platform for carbon, energy and equipment management that aggregates data from sites, energy bills and equipment to provide real-time monitoring, alerts, reporting and action plan tracking.
• GreenFlex IQ - Equipment Platform Module for technical and financial piloting of energy-intensive equipment (GTB, HVAC, refrigeration, EV charging stations, photovoltaic panels) with asset lifecycle tracking from purchase to installation.
• GreenFlex IQ - Energy Monitoring SaaS solution providing global visibility of energy consumption and bills across multiple sites and energy types (gas, electricity, water), with anomaly identification and automated calculation of savings in euros, teqCO2 and kWh.
• Low-Carbon Transition Services Integrated advisory and operational services combining consulting, human support, digital tools and financing to help clients transition to low-carbon operations.
• Energy Performance Contract (CPE) Guaranteed energy performance contract in which GreenFlex acts as general contractor, designing and delivering works with contractual guarantees on cost, timeline and energy outcomes.
• Turnkey Contract Delivery Turnkey project delivery service where GreenFlex designs, supplies and executes energy efficiency works as the single point of contact, guaranteeing cost, timeline and energy performance.
• Project Management Assistance (AMO) Project management assistance acting as a neutral third party to help clients select products, identify constraints, manage contractors and ensure work compliance for energy performance projects.
• Lease and Third-Party Financing Lease financing and third-party financing solutions enabling clients to fund equipment lifecycle and energy transition projects without upfront cash outflow.
• Energy Savings Certificates (CEE) Advisory Advisory service to identify, structure and valorize Energy Savings Certificates (CEE) operations, accelerating ROI on energy efficiency projects.
• Refurbished Equipment Resale Buyback, refurbishment and resale of energy-intensive equipment such as refrigeration units and HVAC as part of a circular economy offering.
• Climate Strategy Services Climate strategy development services including carbon footprint assessment, decarbonization roadmaps aligned with SBTi methodology and energy master planning.
• Life Cycle Assessment (LCA)

Quantifiable outcome

• 62% reduction in energy consumption achieved for Reborn with a guaranteed Energy Performance Contract over 5 years
• +7 more outcomes

Named customers23 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered flagship, core and minor.

• OteisflagshipStrategic or Co-development Partner · 21 October 2025TotalEnergies sold its GreenFlex affiliate to Oteis, a French consulting and engineering group, as part of TotalEnergies' strategy to focus on energy production and supply. The deal involves over 800 employees and aims to expand GreenFlex's expertise in environmental, social consultancy, and low-carbon energy solutions. Oteis is the parent company of GreenFlex post-acquisition.
• TotalEnergiescoreOthers · 21 October 2025Following the sale of GreenFlex to Oteis, TotalEnergies remains a major customer of GreenFlex through a contract for Energy Saving Certificates (Certificats d'Economies d'Energie). TotalEnergies divested GreenFlex as part of its strategic shift toward energy production and supply.
• ADEMEcoreStrategic or Co-development PartnerGreenFlex and ADEME jointly produce the annual Baromètre de la consommation responsable (Barometer of Responsible Consumption), now in its 2026 edition. GreenFlex also partnered with ADEME and Frontier Economics to study public policy measures for achieving carbon neutrality, and to evaluate France 2030's impact on decarbonation. Multiple co-branded studies and publications published from 2022 to 2026.
• LCLminorStrategic or Co-development PartnerGreenFlex and LCL jointly publish the Baromètre LCL-GreenFlex on enterprises facing climate change (2022 edition). Co-branded research on business climate action and decarbonization ambitions.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Carbone 4: Paris-based climate consultancy offering carbon strategy, SBTi alignment, life-cycle assessment and decarbonization advisory. Closely comparable to GreenFlex's strategy/climate, LCA and net-zero roadmap offerings for French and European enterprises.
• EcoAct (an Accenture company): European carbon strategy and climate advisory firm serving large enterprises on CSRD, net-zero and carbon accounting. Highly comparable service portfolio and customer base, with the added scale of Accenture behind it.
• Enea Consulting: Paris-based energy and sustainability consultancy advising corporates and investors on energy transition strategy and project structuring. Directly comparable to GreenFlex's strategy and financing advisory practice.

Emerging players

• Greenly: SaaS platform for carbon accounting and Scope 3 emissions, focused on European SMB and mid-market clients. Comparable to the GreenFlex IQ platform and increasingly competing for the same CSRD-driven buyers.
• Sweep: Carbon management SaaS platform for enterprises, with strong European presence and CSRD-ready workflows. Overlaps directly with GreenFlex IQ's carbon and supplier engagement functionality.

Broad incumbents

• Bureau Veritas: Global testing, inspection and certification group expanding into ESG assurance, energy efficiency audits and CSRD verification. Competes with GreenFlex's compliance and audit-adjacent service lines at large enterprise clients.
• ENGIE Solutions: Energy services arm of ENGIE delivering energy efficiency works, district heating, and decarbonization infrastructure across Europe. Overlaps with GreenFlex's CPE, turnkey and renewable energy project offerings.
• Deloitte Sustainability Services: Big Four advisory practice covering CSRD reporting, climate strategy, supply chain decarbonization and net-zero transformation. Pursues the same enterprise sustainability mandates as GreenFlex's multi-expertise model.
• Capgemini Invent (Sustainability): Global consulting and digital transformation group with a growing sustainability practice spanning CSRD, supply chain decarbonization and net-zero strategy. Competes for the same large enterprise transformation budgets.

Regional players

• Elogen: European electrolyzer and green hydrogen technology provider. Adjacent to GreenFlex's renewable energy and decarbonization projects serving industrial clients across France and broader Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC-7TxaZHOOIbhIyj9PkJ3dw
• LinkedInlinkedin.com/company/greenflex
• Xx.com/greenflex
• Facebookfacebook.com/greenflex

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A7 records

Investments

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

Frequently asked questions about Greenflex