GETEC
GETEC is a privately held European energy infrastructure specialist that finances, builds, owns, and operates decarbonised energy systems under long-term as-a-service contracts for industrial, real estate, and public-sector customers across seven European countries.
- Company typePrivate
- Founded1993
- HeadquartersMagdeburg, Germany
- Headcount101–250
- GTM typeB2B
- OfferingServices
What GETEC does
GETEC is a privately held European energy infrastructure specialist, founded in 1993 and headquartered in Magdeburg, Germany, operating under the legal entity Golf BidCo GmbH. The company designs, finances, builds, owns, and operates decentralised energy and utilities infrastructure for industrial, real estate, and public-sector customers under long-term managed service contracts, eliminating upfront capital expenditure for clients. Its core technology platform covers biomass cogeneration, geothermal district heating, waste heat recovery from data centres, and power-to-heat heat pump cascades, supported by ISO 9001/14001/45001/50001 certifications, a 2024 GRESB 4-Star rating, and UN Global Compact participation.
The business model is built on a Managed Energy Infrastructure as-a-service offering complemented by three industrial parks (GETEC PARK.EMMEN in the Netherlands, GETEC PARK.MUTTENZ and GETEC PARK.STEIN in Switzerland). Revenue is generated through multi-year energy supply, infrastructure management, and utilities contracts. The €3.1 billion refinancing completed in 2024 positions GETEC as one of Europe's largest dedicated energy infrastructure financing platforms, with more than 11,000 plants operating across seven countries (Germany, Austria, Switzerland, Benelux, Italy, Poland) serving over one million people.
Go-to-market is exclusively direct enterprise field sales, targeting energy-intensive sectors including automotive (Goodyear), chemicals and life sciences (CropEnergies), data centres (TIM Enterprise), paper (Drewsen Spezialpapiere), metallurgical (SMS Group), real estate development (CONCEPT BAU), and municipal utilities (Stadtwerke Hanau). Sales cycles involve detailed engineering proposals and long-term contractual negotiations, with projects often co-financed by public funding mechanisms such as the German Federal Ministry for Economic Affairs and Climate Action. Notable quantified outcomes include a 95% CO2 reduction at Goodyear's Hanau plant, ~47,000 tonnes CO2 saved annually at Drewsen's paper mill, and zero-emission heating for ~500 residential units in the 'joseph' Bayreuth geothermal development.
GETEC firmographics
Firmographics- Name
- GETEC
- Legal name
- Golf BidCo GmbH
- Website
- https://www.getec-energyservices.com/en/
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- GETEC is a privately held European energy infrastructure specialist that finances, builds, owns, and operates decarbonised energy systems under long-term as-a-service contracts for industrial, real estate, and public-sector customers across seven European countries.
- Ownership category
- akta.pro rank
GETEC industry classification
Industry- Product category
- Energy Infrastructure Services
- NAICS
- Biomass Electric Power Generation (221117), Electric Power Generation, Transmission and Distribution (2211), Utilities (22)
- SIC
- Cogeneration Services & Small Power Producers (4991), Electric Services (4911)
- akta.pro primary industry
- Biomass Plant EPC & Integration (Design/Build, Balance of Plant) (EUAAAGAH)
- akta.pro secondary industries
- Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers) (EUAAAGAL), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI), Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL)
Keywords
Where GETEC is headquartered
LocationHeadquarters
- HQ city
- Magdeburg
- HQ country
- Germany
- HQ region
- Europe
Offices9 records
Markets served
GETEC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Managed Energy Infrastructure (As-a-Service): GETEC finances, builds, owns, operates and manages energy infrastructure under long-term contracts. Customers pay for energy and related services without upfront capital expenditure. Revenue is generated through ongoing service fees for energy supply, infrastructure management and related operations over multi-year contract terms.
- Industrial Park Ecosystems: GETEC finances and operates industrial parks, providing tenants with energy, utilities and services from a single source under full-service park models. Tenants benefit from bundled energy and infrastructure services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | As-a-service energy infrastructure — no upfront capital expenditure required for customers |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
GETEC product offering
Product offeringCore offering
GETEC finances, builds, owns, operates and manages decentralised, decarbonised energy infrastructure for industrial, real estate and public-sector customers under long-term as-a-service contracts, eliminating upfront capital expenditure. Its offerings span biomass heating and cogeneration plants, geothermal district heating, data-centre waste heat recovery, and power-to-heat systems, complemented by full-service industrial parks (GETEC PARK.EMMEN, GETEC PARK.MUTTENZ, GETEC PARK.STEIN) that supply tenants with bundled energy, utilities and services.
Product overview
GETEC is Europe's leading specialist for reliable, decarbonised energy and infrastructure, offering a platform-plus-services model. The core product is Managed Energy Infrastructure, an as-a-service model providing complete energy supply and infrastructure management without upfront capital expenditure. This core platform is complemented by three GETEC industrial parks (GETEC PARK.EMMEN in the Netherlands, GETEC PARK.MUTTENZ and GETEC PARK.STEIN in Switzerland) that provide full-service park ecosystems where GETEC finances and operates energy, utilities, and services for tenants from a single source. The company serves customers across multiple sectors (industry, real estate, public sector) including automotive, chemical and life sciences, data centres, food and dairy, healthcare, paper, commercial real estate, residential real estate, and municipalities.
Differentiator
Problem solved
Functional benefit
Products and services
- Managed Energy Infrastructure End-to-end as-a-service offering in which GETEC finances, builds, owns, operates and maintains decentralised energy infrastructure (biomass, geothermal, waste-heat-recovery, power-to-heat and cogeneration systems) for industrial, real estate and public-sector customers under long-term contracts.
- GETEC PARK.EMMEN Full-service industrial park in Emmen, Netherlands, in which GETEC bundles energy supply, utilities and on-site services for tenants under a single-source operating model.
- GETEC PARK.MUTTENZ Integrated industrial park near Basel, Switzerland, providing state-of-the-art infrastructure, customised energy solutions and comprehensive services to tenants in the chemical and life sciences sectors.
- GETEC PARK.STEIN Specialised life-sciences industrial park between Basel and Zurich, Switzerland, operated by GETEC as a leading ecosystem for innovation and growth in the life-sciences sector.
Quantifiable outcome
- 95% CO₂ emission reduction at Goodyear Hanau plant with up to 95% heat supply from biomass
- +8 more outcomes
Companies that use GETEC
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
GETEC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
GETEC partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- GoodyearcoreGETEC, together with Stadtwerke Hanau and Goodyear, signed contracts for a renewable energy heat supply project in which GETEC will build a biomass heating plant on Goodyear's Hanau site in Germany. Expected operational by mid-2028, the plant will supply up to 95% of Goodyear Hanau plant's heat requirements, reduce CO₂ emissions by up to 95%, and supply approximately 15,000 MWh of renewable heat to Stadtwerke Hanau for district heating. Funded by the German Federal Ministry for Economic Affairs and Climate Action.
- Stadtwerke HanaucoreStadtwerke Hanau (local utility) is a key partner in the tri-party renewable energy project with GETEC and Goodyear. The municipality receives approximately 15,000 MWh of renewable heat annually from the Goodyear biomass plant for use in district heating networks, benefiting local households.
- TIM EnterprisecoreGETEC and TIM Enterprise partnered on a renewable energy project at TIM's data centre in Rozzano, Italy — the first project of its kind in Italy. GETEC recovers waste heat from the data centre and repurposes it for heating and hot water in ~5,000 local households via heat exchangers, heat pumps, and underground pipelines. The project reduces natural gas consumption and CO₂ emissions.
- CropEnergies AGcoreGETEC provides a sustainable energy solution for CropEnergies' new ethyl acetate plant at the Zeitz Chemical and Industrial Park in Germany — the first plant of its kind in Europe producing 50,000 tonnes of renewable ethyl acetate per year. The solution includes a multi-fuel biomass boiler system with steam turbine generation, reducing CO₂ emissions by approximately 50% compared to fossil-based production.
- SMS GroupcoreGETEC partnered with SMS Group to install a unique power-to-heat system at SMS's metallurgical site in Hilchenbach, Germany, featuring Germany's largest air-to-water heat pump system. The two-stage heat pump cascade, electric boiler, and thermal storage are powered by locally sourced wind energy, reducing CO₂ emissions by approximately 6,000 tonnes per year.
- Drewsen SpezialpapierecoreGETEC installed a biomass cogeneration plant at Drewsen Spezialpapiere's paper mill in Lachendorf, Germany. The plant generates 55 tonnes of process steam per hour and up to 12.5 MW of electricity using straw and waste wood as fuel, reducing CO₂ emissions by approximately 47,000 tonnes per year.
- CONCEPT BAU GmbHcoreGETEC partnered with developer CONCEPT BAU GmbH to provide geothermal energy for the 'joseph' residential quarter in Bayreuth, Germany. GETEC installed 170 geothermal probes and an 800m district heating network powering 14 energy centres and ~500 residential units with zero CO₂ emissions.
- BauGrund SüdminorBauGrund Süd served as the contractor for the installation of 170 geothermal probes (up to 100m deep) for the 'joseph' residential quarter project in Bayreuth, working alongside GETEC.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
GETEC competitors and assessment
Company assessmentDirect peers
- MVV Energie: German regional energy company with strong industrial energy services, biomass, CHP, and district heating businesses serving DACH. Direct peer given overlapping geography, technology mix, and customer segments.
- Steag: German energy services company with significant district heating, industrial steam, and biomass operations serving municipal and industrial customers. Direct peer in the DACH industrial heat/steam decarbonisation market.
- Dalkia (EDF Group): French-headquartered energy services company specialising in district heating, industrial energy efficiency, and on-site energy generation for B2B customers. Direct peer to GETEC's managed-energy-infrastructure model in industrial and municipal segments across Europe.
Broad incumbents
- E.ON: Major European utility with energy solutions and on-site generation offerings for industrial customers, including biomass, CHP, and district heating. Comparable broad incumbent operating across the same industrial decarbonisation landscape.
- ENGIE: Global energy services and utility group with deep B2B decarbonisation, district heating, and energy-as-a-service offerings across Europe. Comparable as a large-scale ESCO serving industrial, real estate, and municipal customers with multi-technology solutions.
- SPIE: European technical services provider with multi-technical facility management and energy efficiency services for industrial and commercial customers. Comparable in delivering energy-related infrastructure-as-a-service across European industrial estates.
- Veolia Environnement: Global environmental services group with significant energy and district heating operations, particularly for industrial and municipal customers in Europe. Comparable in its build-operate energy infrastructure approach and decarbonisation focus.
Regional players
- Hamburger Stadtwerke (HamburgWasser / HSE): German municipal utility with industrial and real estate energy services, district heating, and decarbonisation offerings. Comparable in the German municipal/industrial energy-as-a-service niche, though with a more regional scope.
- EnerNOC (Enel X / Enel Way): Now part of Enel X, provides energy management, demand response, and on-site energy solutions to commercial and industrial customers in Italy and broader Europe. Comparable on the energy-as-a-service / demand-side management side of the business.
- Gasag (Berliner Stadtwerke / NBB): Berlin-headquartered energy services provider with industrial customer solutions, heat generation, and energy efficiency offerings. Regional peer serving comparable German industrial and real estate customers.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
GETEC social profiles
Digital presenceGETEC compliance and trust
Trust signalCompliance4 records
GETEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
GETEC leadership team
Management profileNumber of profiles
Profiles12 records
GETEC subsidiaries and ownership
Company hierarchySubsidiaries2 records
GETEC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GETEC M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GETEC
What does GETEC do?
GETEC finances, builds, owns, operates and manages decentralised, decarbonised energy infrastructure for industrial, real estate and public-sector customers under long-term as-a-service contracts, eliminating upfront capital expenditure. Its offerings span biomass heating and cogeneration plants, geothermal district heating, data-centre waste heat recovery, and power-to-heat systems, complemented by full-service industrial parks (GETEC PARK.EMMEN, GETEC PARK.MUTTENZ, GETEC PARK.STEIN) that supply tenants with bundled energy, utilities and services.
Is GETEC a public or private company?
GETEC is a private company. It is classified as private equity controlled and is currently operating.
When was GETEC founded?
GETEC was founded in 1993. It employs 101 to 250 people.
Where is GETEC based?
GETEC is headquartered in Magdeburg, Germany, in the Europe region.
How does GETEC make money?
Two revenue lines are on record. Managed Energy Infrastructure (As-a-Service) is the primary driver. The others are industrial Park Ecosystems.
Who are GETEC's main competitors?
Direct peers on record are MVV Energie, Steag and Dalkia (EDF Group). Broad incumbents are E.ON, ENGIE, SPIE and Veolia Environnement. Regional players are Hamburger Stadtwerke (HamburgWasser / HSE), EnerNOC (Enel X / Enel Way) and Gasag (Berliner Stadtwerke / NBB).
Does GETEC have an API?
No public API is recorded for GETEC.
What industry is GETEC in?
GETEC's product category is Energy Infrastructure Services. Its primary akta.pro industry code is EUAAAGAH, Biomass Plant EPC & Integration (Design/Build, Balance of Plant), with a secondary code of EUAAAGAL, Heat Recovery & Thermal Integration for Biomass Plants (Economizers, ORC, Heat Exchangers). Its NAICS code is 221117 and its SIC code is 4991.