The KELAG group

What The KELAG group does

Energies France, the French operating subsidiary of the Austrian KELAG group (KELAG-Kärntner Energie-Aktiengesellschaft) via KI-KELAG International GmbH, is a hydroelectric power plant operator and maintainer headquartered at Technopôle Forbach Sud in Behren-lès-Forbach, France. Founded in 1985 and also doing business as Energies Maintenance, the company manages a portfolio of 14 hydroelectric facilities distributed across metropolitan France, spanning the Seine, Yonne, Loire, Var, and Ain river basins. The portfolio combines 50.7 MW of total installed capacity with 145 GWh of annual production, and is diversified across four engineering configurations: run-of-river (fil de l'eau), tunnel, canal, and high-head (haute chute) installations. The largest single asset is the 20.1 MW Var plant in Alpes-Maritimes (50 GWh/year, built 1985), while the oldest continuously operating asset is the 2.7 MW Charentus tunnel plant in Haute-Loire (1917).

The business model is wholesale electricity generation sold directly to French energy grid operators and utilities through bilateral contracts and regulatory frameworks; there is no direct consumer-facing sales motion. The primary customer segment is grid operators and utilities purchasing renewable electricity for distribution, with industrial and commercial energy consumers seeking renewable supply identified as a secondary segment. Pricing for electricity offtake is not publicly disclosed. Capital intensity is high given the multi-decadal asset base and the regulatory permitting required for new hydroelectric capacity in France, and the company's stated strategic intent is to intensify and diversify production through further development and acquisitions in French electricity generation.

Ownership and group context: Energies France is a wholly-owned subsidiary of KI-KELAG International GmbH, which sits within the broader Austrian energy group KELAG-Kärntner Energie-Aktiengesellschaft. The parent group has pursued a renewable-energy growth strategy since 2009, progressively expanding its own production in southeastern Europe while Energies France continues to develop its French hydroelectric platform under the same renewable-energy thesis.

Name

The KELAG group

Legal name

Energies France

Website

https://energiesmaintenance.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Energies France, the French subsidiary of Austrian energy group KELAG, operates 14 hydroelectric power plants across France with 50.7 MW installed capacity and 145 GWh annual production. It supplies renewable electricity wholesale to grid operators and utilities, spanning run-of-river, tunnel, canal, and high-head configurations.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity production and sales: Generation and sale of hydroelectric electricity to the grid. The company operates 14 hydroelectric plants across France with a combined annual production capacity of 145 GWh.

Distribution channels1 record

Marketing channels2 records

Core offering

The KELAG group, through its French subsidiary Energies France (founded 1985), operates and maintains a portfolio of 14 hydroelectric power plants across France with a combined annual production capacity of 145 GWh and 50.7 MW installed capacity. The portfolio includes run-of-river, tunnel, canal, and high-head installations on French river systems including the Seine, Loire, Ain, Yonne, Var, and alpine waterways, with operations centrally managed from the Kelag International Forbach administrative platform.

Product overview

The KELAG group is an Austrian energy services provider focused on renewable energy and energy efficiency. Its French subsidiary, Energies France (founded 1985), specializes in hydroelectric power plant management and maintenance. The company operates 14 hydroelectric plants across France with a combined annual production capacity of 145 GWh, including run-of-river plants, tunnel plants, and high-fall installations. The product portfolio consists of hydroelectric power generation facilities managed as a unified operational network, with the Kelag International Forbach administrative platform providing centralized management and maintenance coordination services.

Differentiator

Problem solved

Functional benefit

Products and services

• Energies France Hydroelectric Power Plant Management

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• KI-KELAG International GmbHcoreOthersKI-KELAG International GmbH is the parent company of Energies France. The group has invested since 2009 in expanding hydroelectric production in southeastern Europe while maintaining French operations through its subsidiary.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• SHEM (Société Hydro-Électrique du Midi): French small-to-mid hydroelectric operator running a portfolio of run-of-river and high-head plants across the Pyrenees and southwest France. Directly comparable in business model, customer mix (grid offtake), and small-hydro operational profile to Energies France.
• Compagnie Nationale du Rhône (CNR): Concessionaire and operator of hydroelectric plants along the Rhône river in France, producing and selling renewable electricity to the grid. Comparable as a French hydroelectric generator with a diversified multi-plant portfolio, though at significantly larger scale.

Broad incumbents

• Verbund AG: Austria's largest hydroelectric power producer and a key reference for the broader KELAG group, operating run-of-river and storage hydro plants across Alpine Europe. Highly comparable to KELAG/Energies France in technology and Alpine riverine hydro expertise, but at vastly larger scale and with a public listing.
• EDF (Électricité de France): France's incumbent electric utility, operating Europe's largest fleet of hydroelectric plants alongside nuclear and other generation. Overlaps with Energies France as a French hydropower generator and grid supplier, but operates at national-utility scale with very different capital structure.
• Statkraft: Norwegian state-owned energy company and Europe's largest generator of renewable energy, predominantly from hydroelectric plants. Comparable in being a hydro-centric IPP selling into European power markets, though at a much larger, geographically Nordic scale.
• Iberdrola: Spanish global utility with a substantial European hydroelectric portfolio (notably in Spain and the UK) plus wind and networks. Comparable as a diversified renewable IPP with a large hydropower component serving European grids.
• Alpiq: Swiss energy company with significant hydroelectric generation assets in Alpine Europe and a trading/industrial customer base. Comparable as a mid-sized European hydro-focused generator with run-of-river and storage assets in adjacent Alpine geographies to KELAG.
• BKW Energie AG: Swiss integrated energy company operating hydroelectric plants and other generation, serving European power markets. Comparable as a mid-cap European hydro IPP with diversified renewable assets and grid-supply business model.
• EnBW (Energie Baden-Württemberg): German regional utility with a meaningful hydroelectric and pumped-storage portfolio in southern Germany and beyond, supplying electricity to European grids. Comparable as a European hydro-heavy utility engaged in renewable generation and grid services.
• EDP - Energias de Portugal: Portuguese integrated utility with one of Europe's largest hydroelectric generation bases, complemented by wind. Comparable as a major Iberian/European hydro IPP selling into regulated and merchant power markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/energies-maintenance

Revenue estimate

Valuation estimate

Number of profiles

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 The KELAG group