LEAG

What LEAG does

LEAG is a privately held German energy company headquartered in Cottbus, Brandenburg, that operates across the full energy value chain from lignite mining through conventional power generation to renewable energy, battery storage, and emerging hydrogen infrastructure. The company employs approximately 6,500-7,000 people across more than 20 energy and industrial sites in Brandenburg and Saxony, making it Germany's second-largest lignite miner and one of the largest energy employers in eastern Germany. Its core products are organized under the 'GigawattFactory' platform brand, which bundles utility-scale battery storage (notably the 1 GW/4 GWh Gigabattery at Jänschwalde developed with Fluence Energy, and a separate 1.6 GWh BESS project with HyperStrong), onshore wind and ground-mounted solar development (via LEAG Renewables GmbH, including the 105 MW Windpark Forst Briesnig II), hydrogen production, and H2-ready gas turbine power plants. Legacy operations include lignite-fired generation at Boxberg, Jänschwalde, Schwarze Pumpe, and Lippendorf (the latter now under full EP Group/LEAG control following the May 2025 acquisition of EnBW's Block S), plus active lignite mining at Welzow-Süd, Nochten, and Reichwalde. Supporting subsidiaries include LEAG Clean Power (technical operations management for storage and grid infrastructure), SERO Lausitz (construction waste recycling), MCR Lausitz (rail wheel-set service), and MCR Engineering Lausitz (engineering services and metal 3D printing).

LEAG's business model is a B2B energy utility model: it generates and sells electricity through direct enterprise contracts with industrial customers, through long-term supply agreements with utilities and grid operators, and via spot-market transactions into the German transmission grid. Revenue streams span electricity generation and sales (recurring, regulated), lignite mining operations (hardware/fuel sales), renewable energy project development (recurring energy sales plus renewable certificates), grid-stabilization and battery storage services (recurring balancing payments), and emerging hydrogen production for industrial offtake. The company also monetizes former mining land through its Industrieflächen industrial-site development service and conducts landscape reclamation projects (e.g., the €40M Spreeaue renaturation). The go-to-market is sales-led for large enterprise/utility contracts, complemented by corporate communications, regional stakeholder engagement, and government affairs — notably active lobbying around the StromVKG capacity legislation and Transformationsbonus Nord-Ost incentives for eastern German energy projects. Key risks include regulatory uncertainty around capacity market design, the managed decline of lignite generation between 2028 and 2038, and execution risk on the multi-billion-Euro renewables/storage/H2 build-out.

Name

LEAG

Legal name

LEAG

Website

https://leag.de

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

LEAG is a privately held German energy company headquartered in Cottbus that operates lignite mining, multi-gigawatt power generation, and an expanding renewables, battery storage, and hydrogen portfolio across 20+ sites in Brandenburg and Saxony.

Ownership category

akta.pro rank

Product category

Electricity Generation and Supply

NAICS

Electric Power Generation, Transmission and Distribution (2211), Wind Electric Power Generation (221115), Electric Power Generation (22111), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF)

akta.pro secondary industries

Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE), Demand Response & Load Flexibility Services (EUAMAJAF)

Keywords

• Electricity generation
• Battery energy storage
• Renewable energy development
• Lignite mining operations
• Hydrogen production

Headquarters

HQ city

Cottbus

HQ country

Germany

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity Generation and Sales: LEAG generates and sells electricity from lignite coal power plants, transitioning to include renewable sources. The company supplies electricity to industrial customers, utilities, and through grid operators.
2. Lignite Mining Operations: LEAG operates lignite (brown coal) mines in the Lausitz region, supplying fuel for power generation and selling lignite products.
3. Renewable Energy Projects: Through GigawattFactory, LEAG develops and operates wind farms, solar parks, and battery storage facilities, selling generated electricity to the grid.
4. Energy Storage Services: LEAG provides grid stabilization services through large-scale battery storage installations, supporting renewable energy integration.
5. Hydrogen Production: LEAG is developing H2-ready gas power plants and hydrogen production facilities for industrial applications.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

LEAG is a German energy company that operates across the energy value chain, including lignite mining, conventional power generation, renewable energy (wind and solar), battery energy storage systems (BESS), hydrogen production, and H2-ready gas power plants. Through its GigawattFactory concept, LEAG bundles renewable energy development, large-scale battery storage, hydrogen infrastructure, and flexible power generation as it transitions from coal-heavy operations to a diversified green energy portfolio.

Product overview

LEAG operates as a diversified energy company undergoing transformation from a lignite coal mining and power generation company to a broad energy transition enterprise. The core offering is the GigawattFactory concept—a platform-plus-modules structure that bundles renewable energy development, large-scale battery storage, hydrogen infrastructure, and flexible gas power generation. Key products include: Gigabatterien (utility-scale BESS projects such as the 1 GW/4 GWh Jänschwalde Gigabattery and 1.6 GWh project with HyperStrong), Erneuerbare Energien (onshore wind and ground-mounted solar development via LEAG Renewables), H2-ready Kraftwerke (hydrogen-capable gas turbines for grid balancing), and Wasserstoff (hydrogen production and utilization). Supporting services include technical operations management (Betriebsführung) for storage and grid infrastructure, and legacy coal power plant and mining operations that are being phased out under Germany's coal exit law. The company also develops post-mining industrial sites and conducts landscape reclamation projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Gigabatterien (GigaBatteries) Large-scale battery energy storage systems (BESS) designed to stabilize renewable energy supply and grid stability. Includes the Gigabatterie project at Jänschwalde with 1 GW/4 GWh capacity, positioned among Europe's largest grid-scale storage facilities, supporting renewable integration and grid balancing for utilities and grid operators.
• BigBattery Battery storage solutions within the GigawattFactory portfolio that complement the larger Gigabatterien systems. Provides grid-scale and commercial-scale energy storage for renewable integration and grid balancing services to utilities and commercial customers.
• Betriebsführung (Technical Operations Management) Technical operations management services for battery storage, substations, switchgear, and electrical energy infrastructure. Provided by LEAG Clean Power subsidiary to third-party operators and asset owners requiring specialist O&M for energy storage and grid assets.
• LEAG energy cubes Modular energy storage and power solutions within the GigawattFactory concept. Standalone energy cube units designed to provide flexible, distributed energy storage and power supply capabilities for commercial and industrial applications.
• Kraftwerke (Power Plants) Conventional power plant operations including lignite (brown coal) fired generation at Boxberg, Jänschwalde, Schwarze Pumpe, and Lippendorf sites. Supplies baseload electricity to the German grid and industrial customers; plants are scheduled for phase-out under Germany's coal exit law (Kohleausstieg) between 2028 and 2038.
• Bergbau und Landschaft (Mining and Landscape) Lignite mining operations at active mines (Welzow-Süd, Nochten, Reichwalde) supplying fuel for power generation and selling lignite products, combined with post-mining landscape reclamation (Rekultivierung) including renaturation projects such as Spreeaue and Cottbuser Ostsee.
• Industrieflächen (Industrial Sites) Development and management of former mining and industrial sites for new economic uses, providing land, infrastructure, and industrial resettlement opportunities for businesses relocating to the Lausitz region. Includes sites at Trebendorf, Hagenwerder, Hirschfelde, Thierbach, Zschornewitz, Boxberg, and Vockerode.

Quantifiable outcome

• 270,000 MWh annual generation from Windpark Forst Briesnig II
• +2 more outcomes

Named customers2 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

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• HyperStrongcoreTechnology or Integration · 19 November 2025HyperStrong, China's largest BESS system integrator, signed a supply agreement with CATL and is providing battery storage systems for LEAG's two large-scale BESS projects totaling 1.6 GWh in Germany. HyperStrong is ranked among top three global BESS integrators by S&P Global.
• Fluence Energy GmbHcoreTechnology or Integration · 7 November 2025LEAG partnered with Fluence Energy GmbH to develop Europe's largest multi-gigawatt-scale battery storage project at Jänschwalde. The 1 GW/4 GWh Gigabattery system will be one of the largest battery storage facilities in Europe, supporting renewable energy integration and grid stability.
• RWEmajorStrategic or Co-development Partner · 6 November 2025RWE is involved in the Gigabattery project at Jänschwalde alongside LEAG and Fluence Energy, contributing to Europe's largest battery storage facility development.
• EP GroupcoreStrategic or Co-development Partner · 21 May 2025EP Group (parent company of LEAG) through EP Energy Transition acquired Block S of the Lippendorf lignite power plant from EnBW AG, giving full control of the 1,866 MW plant near Leipzig.
• VESTASmajorTechnology or IntegrationVestas, headquartered in Aarhus, Denmark, is the main contractor for Windpark Forst Briesnig II, supplying 17 V162-6.2 MW turbines. Vestas provides towers, nacelles, rotors, and technical systems components.
• EP New Energies (EPNE)coreStrategic or Co-development PartnerEP New Energies (EPNE) is LEAG's project development partner for renewable energy projects. For Windpark Forst Briesnig II, this represents LEAG's first own wind park project, with EPNE providing development expertise.
• Deutsche BahnmajorStrategic or Co-development PartnerLEAG and Deutsche Bahn intensified cooperation for vocational training in the Lausitz region. Deutsche Bahn training operations will take over LEAG's training facility at Jänschwalde from September 2025. A first joint training class for Mechatroniker started in 2021/2022 with 16 students.
• E.DIS and enviaMminorStrategic or Co-development PartnerE.DIS, enviaM, and Deutsche Bahn collaborate with LEAG on industrial training in the Lausitz region, providing broader perspectives and better employment prospects for apprentices.
• TDE Mitteldeutsche Bergbau Service GmbHminorImplementation/ SI/ Consulting PartnerTDE Mitteldeutsche Bergbau Service GmbH, with a branch in Niederlausitz, is contracted for shoreline stabilization work at Cottbuser Ostsee, using earth-moving equipment and conveyor systems.
• ESS Tech Inc.minorStrategic or Co-development PartnerLEAG is developing a large-scale storage project at Boxberg together with ESS Tech Inc., an international project partner specializing in energy storage solutions.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• RWE: One of Europe's largest utilities and a core partner in LEAG's Gigabattery project; RWE runs a parallel German coal-to-renewables and BESS build-out and competes for grid-scale storage and wind capacity in overlapping markets.
• EnBW: German utility that sold the Block S share of Lippendorf to LEAG's EP Group; operates lignite and renewable assets and competes head-to-head with LEAG in wind, BESS and hydrogen in southern and eastern Germany.
• E.ON: Germany's largest distribution-focused utility with growing renewables and customer-solutions business; competes for grid services, BESS and decentralised renewable contracts that LEAG is targeting via GigawattFactory.
• Vattenfall: Swedish state-owned utility that is exiting lignite in Germany; comparable transformation playbook (mining closure, renewables and BESS build-out on former mine sites) makes it a strategic analogue.
• Uniper: German utility with large lignite/gas generation and hydrogen ambitions; shares LEAG's coal-exit timeline exposure and overlapping interest in H2-ready gas turbines and storage.

Others

• Vestas: LEAG's wind turbine supplier for Forst Briesnig II; relevant as a strategic ecosystem partner that anchors LEAG's onshore wind build-out, although not a direct competitor in generation.
• Fluence Energy: LEAG's technology partner for the 1 GW/4 GWh Gigabattery; while a supplier rather than competitor, Fluence is a leading global BESS integrator whose project economics directly determine LEAG's storage returns.
• EP Group: Czech/Slovak energy group and LEAG's parent; a comparable vertically integrated Central European energy platform pursuing parallel coal-to-renewables and hydrogen strategies across multiple geographies.

Direct peers

• MIBRAG: Central German lignite miner and power generator; the closest direct peer in mining operations, lignite exposure, and post-mining land repurposing for renewables.
• Steag Iqony Group: German coal-and-district-heat utility undergoing a similar transformation; Steag and LEAG have jointly lobbied for expanded coal backup capacity and share the same regulatory and coal-exit exposure in Germany.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/+LEAGde
• LinkedInlinkedin.com/company/leag
• Xx.com/LEAG_de

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about LEAG