Enerdeal
- Company typePrivate
- Founded2009
- HeadquartersZaventem, Belgium
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Enerdeal does
Enerdeal NV, headquartered in Zaventem, Belgium and founded in 2009, is a large-scale industrial photovoltaic solutions provider serving energy-intensive businesses across Belgium, Luxembourg, France and historically Madagascar. The company develops, engineers, finances, constructs and operates rooftop, ground-mounted, carport and facade solar PV installations in the 500 kWp to 10 MWp range, including AI-enhanced real-time monitoring and battery energy storage integration. Its enterprise customer base spans steel manufacturing (ArcelorMittal/Industeel), tires (Goodyear), plastic films (Jindal Films), glass (Guardian Glass), automotive (Husky Technologies, BMW), aerospace (Sonaca), petrochemicals (INEOS), precision tools (CERATIZIT), dairy (Luxlait), retail (Delhaize, Cora) and public-sector site remediation (SPAQUE), with marquee installations of 2–11 MWp each.
The business model is a hybrid of one-time EPC project revenue (engineering, procurement, construction, grid connection), recurring Operations & Maintenance contracts, and long-duration Solar-as-a-Service / 20–25 year Power Purchase Agreements where Enerdeal owns the asset and the customer pays for electricity consumed. Pricing is not publicly disclosed but is positioned below standard grid tariffs, removing upfront capital as a barrier for industrial buyers. Distribution combines direct enterprise field sales with three channel / JV vehicles: CENEO as reseller, NeoPark (JV with CENEO, focused on Hainaut), and Smart Energy Invest II (JV with InBW and Invest BW, focused on Walloon Brabant).
In 2023, Enerdeal was acquired by Portugal-headquartered EDP Group, a global renewable energy major active in 29 countries with approximately 9 million electricity and gas customers, €2.5B committed to distributed solar by 2026, and 3 GWp of industrial solar installed globally. EDP has publicly committed to doubling Enerdeal's turnover by 2025 and targets an additional 100 MWp of Benelux capacity within three years. Enerdeal operates with 11–50 employees across its Belgium headquarters and a Luxembourg regional office in Windhof, and is recognized via Ecovadis Silver, VCA safety certification, the Green Solutions Awards Jury Prize (2022–2023) and the Luxembourg Solar Prize.
Enerdeal firmographics
Firmographics- Name
- Enerdeal
- Legal name
- Enerdeal
- Website
- https://enerdeal.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Enerdeal industry classification
Industry- Product category
- Industrial Solar EPC and Distributed Generation
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electrical Work (1731)
- akta.pro primary industry
- Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)
Keywords
Where Enerdeal is headquartered
LocationHeadquarters
- HQ city
- Zaventem
- HQ country
- Belgium
- HQ region
- Europe
Offices2 records
Markets served
Enerdeal business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- EPC (Engineering, Procurement, Construction): One-time project-based revenue from the development, design, construction, and connection of photovoltaic projects ranging from 500 kWp to 10 MWp. Covers full turnkey delivery including engineering, logistics, and grid connection.
- Operations & Maintenance (O&M): Ongoing revenue from monitoring, maintenance, cleaning, and asset management of installed solar systems. Commits to long-term performance optimization.
- Solar-As-a-Service / PPA: Third-party financed model where Enerdeal owns the asset and customers pay for electricity generated under long-term Power Purchase Agreements (typically 20-25 years). No upfront cost to customer; Enerdeal finances, installs, operates and maintains the system.
- Third-Party Financing (Leasing): Business case and leasing structures offered under Smart Energy Today program. Customer benefits from solar energy without capital expenditure, paying structured leasing fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Solar-As-a-Service: No upfront cost, pay for electricity only |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Enerdeal product offering
Product offeringCore offering
Enerdeal develops, engineers, finances, builds, and operates large-scale industrial photovoltaic solar projects (ranging from 500 kWp to 10 MWp) for industrial and commercial customers across Benelux, delivered as rooftop, ground-mounted, carport, or facade installations. The offering combines turnkey EPC construction, long-term Operations & Maintenance, and a Solar-as-a-Service / Smart Energy Today third-party financing model enabling businesses to adopt solar with no upfront capital under long-term PPAs or leasing agreements.
Product overview
Enerdeal is a large-scale solar energy solutions provider for businesses, offering a portfolio of integrated products and services covering the full solar project lifecycle. The core offering is built around three pillars: Engineering & Construction (photovoltaic project development from 500 kWp to 10 MWp), Operations (monitoring, maintenance, and asset management), and Third Party Financing (via Smart Energy Today / Solar-As-a-Service). Supporting sub-brands include NeoPark (Enerdeal-CENEO joint venture for Hainaut industrial solar financing) and Smart Energy Invest II (Enerdeal-InBW-Invest BW joint venture for Walloon Brabant). The company also offers specialized Solar Carports & EV Chargers (up to 10 MWp), published White Papers on EMS/BESS and financing models, and public energy market dashboards (Belpex Day-Ahead Prices and Belgium Imbalance Dashboard). Enerdeal operates as a subsidiary of EDP Group.
Differentiator
Problem solved
Functional benefit
Products and services
- Engineering & Construction (EPC) Turnkey development, design, engineering, procurement, construction, and grid connection of photovoltaic projects at industrial scale (500 kWp to 10 MWp) across rooftop, ground-mounted, carport, and facade formats. Delivered to industrial and commercial customers as one-time projects.
- Operations & Maintenance (O&M) Long-term monitoring, maintenance, cleaning, and asset management of installed solar systems to optimize performance, ensure operational integrity, and protect long-term energy yield. Includes real-time tracking of production, self-consumption, and savings.
- Solar-As-a-Service Comprehensive solar energy service offered without upfront costs; Enerdeal finances, installs, operates, and maintains the installation while the customer pays for the electricity consumed at competitive rates under a long-term PPA (typically 20–25 years).
- Smart Energy Today (Third-Party Financing) Dedicated third-party financing program for businesses with available roof or ground surfaces, providing solar access with no upfront investment via PPA or leasing structures; customer pays only for energy consumed at competitive rates.
- NeoPark Joint venture between Enerdeal and CENEO dedicated to financing and operating industrial-scale solar PV power plants for businesses in Hainaut business parks, Belgium.
- Solar Carports & EV Chargers Design, financing, and operation of large-scale solar carports (up to 10 MWp installed, such as the CERATIZIT installation in Luxembourg and the Husky Technologies carport at Dudelange) that integrate solar energy production with EV charging infrastructure for businesses and public entities.
- Smart Energy Invest II Joint venture between Enerdeal, InBW, and Invest BW promoting, building, operating, and financing industrial-scale solar PV power plants integrated with electromobility solutions for companies and communities in Walloon Brabant.
Quantifiable outcome
- Reduce energy costs significantly through competitive solar electricity rates below standard grid tariffs
- +4 more outcomes
Companies that use Enerdeal
Customer profileNamed customers21 records
Segments4 records
Ideal customer profiles3 records
Enerdeal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
Enerdeal partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major, strategic and minor.
- EDP GroupcoreEnerdeal joined the EDP Group in 2023, a world leader in renewable energy headquartered in Portugal and active in 29 countries with 9 million electricity and natural gas customers. EDP has been in the Dow Jones Sustainability Index for 15-16 consecutive years and is ranked number 1 among electric utilities in Dow Jones global sustainability indices. Enerdeal is EDP's vehicle for distributed solar development in Benelux. EDP plans to invest €2.5 billion in distributed solar generation globally by 2026, with 1.6 GWp already installed worldwide and 3 GWp installed in industrial solar globally.
- NeoPark (Joint Venture with CENEO)coreNeoPark is an ad hoc company created by Enerdeal and CENEO dedicated to the financing and operation of solar projects on behalf of third parties in Hainaut business parks. Reached 10,000 solar panels installed. Partners with companies like Sonaca for solar installations in Hainaut.
- SPAQUEmajorSPAQUE (Walloon public company for remediation of contaminated sites) partnered with Enerdeal to install an 11 MWp ground-mounted solar plant on a former rehabilitated landfill site in La Louvière. This transforms post-industrial land into green energy production hubs, combining environmental remediation with renewable energy generation.
- CENEOcoreCENEO resells Enerdeal's Solar-as-a-Service to businesses, particularly in Walloon Brabant. Joint venture NeoPark (with Enerdeal) handles financing and operation of solar projects for Hainaut businesses. Partnership webinar programs drive joint GTM activities.
- InBW (Intercommunale du Brabant Wallon)strategicEnerdeal and InBW joined forces to form 'Smart Energy Invest 2', a company promoting, building, operating and financing industrial-scale solar PV power plants integrated with electromobility solutions for companies and communities in Walloon Brabant.
- Invest BWstrategicInvest BW co-founded 'Smart Energy Invest 2' with Enerdeal and InBW, creating a unique offer for industrial solar and e-mobility solutions in Walloon Brabant.
- in4greenminorEnerdeal and in4green co-host the conference on Large-Scale Photovoltaics in Luxembourg (May 2024), focused on photovoltaics and electromobility for businesses.
- ResponsibleSteelminorIndusteel (ArcelorMittal) is ResponsibleSteel certified since 2023. Enerdeal's solar project supports Industeel's ResponsibleSteel certification goals.
Scale indicators13 records
Recent moves9 records
Expansion highlights7 records
Enerdeal competitors and assessment
Company assessmentDirect peers
- Lightsource bp: Global utility-scale and C&I solar developer backed by bp, with active European operations including PPA-financed industrial projects; competes directly with Enerdeal for enterprise rooftop and ground-mount deals.
- Voltalia: France-headquartered renewable energy developer operating in solar, wind and hybrid projects for industrial and utility customers; relevant peer given overlapping Benelux/France footprint and industrial-scale offering.
- IBC Solar: German-based solar EPC and PV solutions provider serving commercial and industrial customers with rooftop and ground-mount installations across Europe; comparable in project scale and C&I focus.
- Norsk Solar: European C&I solar developer delivering rooftop and ground-mount projects under PPA structures for industrial buyers; competes for similar enterprise customers across Western Europe.
- Sunrock: Dutch industrial rooftop and ground-mount solar developer offering long-term PPAs to commercial and industrial customers across Benelux. Closest geographic and business-model peer to Enerdeal.
- Sonnedix: European solar independent power producer with a multi-GW portfolio of C&I and utility-scale PV assets under long-term PPAs; comparable revenue model and customer type to Enerdeal's owned-asset portfolio.
Emerging players
- Econergy: European renewable energy developer with utility-scale solar and storage projects across Romania, Poland, UK and Israel; comparable in scale and growth profile though more utility-skewed than Enerdeal's industrial C&I focus.
Broad incumbents
- Statkraft: Norwegian state-owned renewable energy generator and developer with European solar projects; acquired Solarcentury in 2020, expanding its C&I rooftop solar capability in Benelux/UK.
- Engie Solar: Renewables arm of global utility Engie, with utility-scale and distributed solar projects across Europe; broader portfolio but overlapping in industrial C&I and PPA-financed solar.
- EDP Renováveis (EDPR): EDP Group's listed renewables arm and a sister entity within Enerdeal's parent group; competes broadly in utility-scale and distributed solar across Europe and overlaps in industrial-scale project development.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Enerdeal social profiles
Digital presenceEnerdeal compliance and trust
Trust signalCompliance5 records
Enerdeal financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enerdeal leadership team
Management profileNumber of profiles
Profiles3 records
Enerdeal subsidiaries and ownership
Company hierarchySubsidiaries2 records
Enerdeal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enerdeal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enerdeal
What does Enerdeal do?
Enerdeal develops, engineers, finances, builds, and operates large-scale industrial photovoltaic solar projects (ranging from 500 kWp to 10 MWp) for industrial and commercial customers across Benelux, delivered as rooftop, ground-mounted, carport, or facade installations. The offering combines turnkey EPC construction, long-term Operations & Maintenance, and a Solar-as-a-Service / Smart Energy Today third-party financing model enabling businesses to adopt solar with no upfront capital under long-term PPAs or leasing agreements.
Is Enerdeal a public or private company?
Enerdeal is a private company. It is classified as corporate owned and is currently operating.
When was Enerdeal founded?
Enerdeal was founded in 2009. It employs 11 to 50 people.
Where is Enerdeal based?
Enerdeal is headquartered in Zaventem, Belgium, in the Europe region.
How does Enerdeal make money?
Four revenue lines are on record. EPC (Engineering, Procurement, Construction) is the primary driver. The others are operations & Maintenance (O&M), solar-As-a-Service / PPA and third-Party Financing (Leasing).
Who are Enerdeal's main competitors?
Direct peers on record are Lightsource bp, Voltalia, IBC Solar, Norsk Solar, Sunrock and Sonnedix. Econergy is listed as an emerging player. Broad incumbents are Statkraft, Engie Solar and EDP Renováveis (EDPR).
Does Enerdeal have an API?
No public API is recorded for Enerdeal.
What industry is Enerdeal in?
Enerdeal's product category is Industrial Solar EPC and Distributed Generation. Its primary akta.pro industry code is EUACAGAB, Utility-Scale PV EPC (Engineering, Procurement & Construction), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 1731.