Hekla Energy

What Hekla Energy does

Hekla Energy is a private energy trading firm headquartered in Warsaw, Poland, founded in 2021 with a workforce in the 11–50 range. Its functional role is to intermediate the sale and trading of electricity generated from agricultural biogas, connecting Polish biogas producers to wholesale electricity markets. The company's defining commercial action to date is a March 2026 landmark trading agreement with Polska Grupa Biogazowa (PGB), Poland's largest agricultural biogas operator, under which Hekla handles over 200GWh of power in the first year of the arrangement—equivalent to more than 15% of Poland's agricultural biogas electricity output—and which is described as the first large-scale electricity trading deal of its kind in the country.

The company's product surface, as evidenced in the available data, is a single-vendor electricity trading service tailored to agricultural biogas operators, with no separately documented technology stack, proprietary platform components, patents, or API/integration capabilities disclosed in the input. The go-to-motion is enterprise, vertical-focused, anchored by long-form offtake-style trading relationships rather than self-serve or channel-based distribution. Revenue mechanics are not disclosed: there is no published pricing model, take-rate, fee structure, or contract value, and no funding rounds, investor roster, or ownership information has been made available. The current evidence indicates Hekla is an early-stage niche energy trader whose commercial validation rests almost entirely on a single flagship counterparty relationship in a narrowly defined EU-aligned green-energy vertical.

Name

Hekla Energy

Website

https://hekla.com.pl

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Hekla Energy is a Warsaw-based private energy trading firm that intermediates the sale and trading of electricity from agricultural biogas, connecting Polish biogas producers to wholesale power markets through long-form offtake agreements.

Ownership category

akta.pro rank

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D

Core offering

Hekla Energy provides sustainable energy solutions for businesses, specializing in the large-scale trading and sale of renewable electricity. The company connects agricultural biogas electricity producers to electricity markets in Poland, enabling green energy producers to sell their generated power at scale. Its flagship activity is the brokerage and trading of electricity produced from agricultural biogas, including a landmark 200GWh+ deal covering nearly all of Poland's largest biogas operator's plants.

Differentiator

Problem solved

Functional benefit

Products and services

• Biogas Electricity Trading Service

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Polska Grupa Biogazowa (PGB)flagshipStrategic or Co-development Partner · 30 March 2026Hekla Energy signed a landmark electricity trading deal with PGB, Poland's largest agricultural biogas operator. The deal covers handling over 200GWh of power in its first year, covering nearly all of PGB's plants. This represents over 15% of Poland's agricultural biogas electricity output and is the first of its kind in the country. The agreement supports EU's energy transition and energy security goals.

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Statkraft: Europe's largest generator of renewable energy and a major energy trader across European markets. Comparable to Hekla because it actively trades electricity from renewable/biomass assets and serves large counterparties under structured offtake arrangements.
• Axpo: Swiss energy company and one of Europe's largest traders in renewable and biomass-generated electricity. Comparable to Hekla in its role as an intermediary that connects distributed renewable generators to European electricity markets.
• PGE Polska Grupa Energetyczna: Largest electricity producer and supplier in Poland with growing renewable and biomass generation portfolio. Comparable to Hekla as a Poland-based participant in renewable electricity trading and offtake from biomass/biogas assets.
• Enea: Major Polish utility engaged in generation, distribution, and trading of electricity including renewables. Comparable to Hekla because it operates in the Polish electricity trading value chain and procures renewable volumes from domestic generators.
• Vattenfall: European integrated utility with significant biomass and renewable generation that is also active in electricity trading. Comparable to Hekla as a counterparty that trades renewable/biomass electricity across European markets.
• CEZ Group: Central European utility with renewable generation and trading activities across multiple CEE markets. Comparable to Hekla for its renewable electricity trading operations and participation in biomass-fired generation offtake.
• Uniper: European energy company active in electricity generation, trading, and renewable offtake. Comparable to Hekla for its role as a large-scale trader and intermediary in European renewable electricity markets.
• RWE: European utility with major renewables portfolio and active electricity trading across European markets. Comparable to Hekla for its role in trading renewable generation output and intermediating biomass/biogas volumes to market.

Regional players

• Orlen: Polish energy and fuel major with growing renewable generation and electricity trading activities domestically. Comparable to Hekla as a large Polish-market participant in renewable electricity supply and offtake.

Direct peers

• Drax Group: UK-based generator and trader of biomass-generated electricity with significant renewable power operations. Comparable to Hekla because it focuses specifically on commercializing electricity derived from biomass feedstocks via power purchase and trading arrangements.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/hekla.energy
• LinkedInlinkedin.com/company/hekla-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Hekla Energy