ENERVIE

What ENERVIE does

ENERVIE - Südwestfalen Energie und Wasser AG is a regionally integrated energy and water utility headquartered in Hagen, North Rhine-Westphalia, Germany. The company operates the full energy value chain across its subsidiaries: generation via GuD Herdecke (gas and steam turbine), PSW Rönkhausen (pumped storage), Windpark Rafflenbeul, BVA Hagen-Kabel (biomass), and a planned Freiflächen-Photovoltaikanlage in Herdecke; network operations through ENERVIE Vernetzt (electricity, gas, and water grids); and retail supply via Mark-E and Stadtwerke Lüdenscheid to approximately 400,000 customers in the Märkische region. In FY2025, the group delivered 2,950 million kWh of electricity, 2,840 million kWh of gas, 59 million kWh of heat, and 18.3 million m³ of drinking water, reporting revenue of €1,142 million and EBT of €64.1 million.

The group's revenue mechanics blend regulated retail supply (monthly subscription tariffs for residential and commercial customers), wholesale energy trading (through NOVASTROM), managed network services (€100M grid capex in 2025, ~€130M planned in 2026), and a growing portfolio of innovative products including Power Purchase Agreements (PPA), heating Contracting, Regionalstrom (regional green electricity), wallbox/V2G offerings, public EV charging, and large-scale battery storage (Elverlingsen). Distribution is regionally anchored through Mark-E and Stadtwerke Lüdenscheid brands with service hotlines and online portals; B2B channels include the new operating lease model with Stadtwerke Hemer (Jan 2025), purchase of the Stadtwerke Plettenberg electricity grid (Jan 2026), the e-Trucks partnership with Jürgens Gruppe, and KERN municipal efficiency network. Digital infrastructure encompasses the ENERVIE Digital Hub IoT platform, LoRaWAN connectivity, and a Smart Meter rollout exceeding the 20% Bundesnetzagentur quota.

Recent strategic actions — including the Hemer Pachtmodell, Plettenberg grid acquisition, BVA/KPPP land transfer (80,000 m²), Windpark Rafflenbeul stake, and coal-plant demolition at Werdohl-Elverlingsen — illustrate a deliberate transition from conventional generation toward a renewable, network-centric, digital utility model. The company is publicly registered as a German AG (not exchange-listed) with regional municipal shareholders, ISO 50001 and ISO 14001 certified across all major subsidiaries, and recognized as a Top-Lokalversorger by Focus Money/Deutschland Test.

Name

ENERVIE

Legal name

Südwestfalen Energie und Wasser AG

Website

https://enervie-gruppe.de

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

ENERVIE is a vertically integrated regional energy and water utility in Südwestfalen, Germany, operating generation, grid, and retail supply through subsidiaries Mark-E, Stadtwerke Lüdenscheid, and ENERVIE Vernetzt to approximately 400,000 customers across electricity, gas, heat, and water.

Ownership category

akta.pro rank

Product category

Regional Energy and Water Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Steam and Air-Conditioning Supply (221330), Water Supply and Irrigation Systems (22131)

SIC

Electric, Gas & Sanitary Services (4900), Electric Services (4911), Water Supply (4941), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI)

akta.pro secondary industries

DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF), DERMS Platforms & Utility Integration (ADMS/SCADA Integration, Hosting Capacity) (EUAFAHAF)

Keywords

• Regional energy utility
• Electricity supply services
• Drinking water supply
• District heating network
• E-mobility infrastructure

Headquarters

HQ city

Hagen

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Sales: Sale of electricity to nearly 400,000 energy customers and energy trading partners. Electricity sales volume: 2,950 million kWh in 2025 (down from 4,480 million kWh in 2024 due to lower trading volume). Mark-E and Stadtwerke Lüdenscheid are the primary retail brands.
2. Gas Sales: Sale of gas to retail customers, with 2,840 million kWh sold in 2025 (down from 3,421 million kWh in 2024).
3. Heat / District Heating: Delivery of 59 million kWh of heat to end consumers, stable compared to 2024.
4. Water Supply: Drinking water supply of 18.3 million cubic meters in 2025 (up from 16.7 million m3 in 2024, increased due to the Pachtmodell with Stadtwerke Hemer).
5. Energy Generation: Power generation via Gas- und Dampfturbinenanlage (GuD) Herdecke and Pumpspeicherwerk (PSW) Rönkhausen. Both plants provided high contribution margins in 2025. Windpark Rafflenbeul (50% ownership) and Windpark Lüdenscheid-Kälberberg (in development) further contribute.
6. Energy Trading: Energy trading activities across the value chain, including wholesale electricity and gas trading, contributing to revenue though trading volumes decreased in 2025.
7. Network Operations and Services: ENERVIE Vernetzt operates and maintains electricity, gas, and water networks. In 2025, approximately €100 million was invested in network expansion and maintenance (planned to increase to ~€130 million in 2026). Also acquired the electricity grid of Stadtwerke Plettenberg effective January 1, 2026.
8. Innovative Products (PPA, Contracting, Wallboxen, E-Mobility): New product lines including Power Purchase Agreements (PPA), Heating Contracting for industry, wallbox offerings, and e-mobility services through the LiVoTo tool. E-Trucks cooperation with Jürgens Gruppe for commercial e-mobility infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

ENERVIE - Südwestfalen Energie und Wasser AG is a vertically integrated regional energy and water utility that generates, distributes, and sells electricity, gas, drinking water, and district heating to approximately 400,000 customers in the Märkische region of Südwestfalen. Operating through subsidiaries Mark-E, Stadtwerke Lüdenscheid, ENERVIE Vernetzt, and ENERVIE Service, the group also offers innovative products including PPAs, heating Contracting, Wallboxen, V2G, Regionalstrom, and the ENERVIE Digital Hub IoT platform for municipal smart infrastructure.

Product overview

ENERVIE - Südwestfalen Energie und Wasser AG operates as a multi-subsidiary energy and water utility platform based in Hagen, Germany. The company provides a comprehensive portfolio of energy services through its sub-brands: Mark-E and Stadtwerke Lüdenscheid handle retail electricity, gas, water and heating supply to nearly 400,000 customers across the South Westphalia region. ENERVIE Vernetzt manages grid operations including smart metering infrastructure with over 6,000 intelligent measurement systems installed. The company is expanding into future energy domains including EV charging infrastructure (Ladeinfrastruktur, Wallboxen), vehicle-to-grid (V2G) technology, and large-scale battery storage at Elverlingsen. Digital services are delivered through the ENERVIE Digital Hub IoT platform supporting smart city applications via LoRaWAN. Innovative retail products include Regionalstrom (regional eco-electricity), heating rental (Heizung zur Miete), and industrial contracting services. Additional subsidiaries ADUG (occupational safety and environmental health) and Mark-E Effizienz (energy efficiency) support the core operations.

Differentiator

Problem solved

Functional benefit

Brands

• Mark-E Effizienz: Energy efficiency services subsidiary
• GreenTrax
• BesserGrün

Products and services

• Strom (Electricity Supply) Electricity supply to nearly 400,000 energy customers with approximately 2,950 million kWh delivered in 2025, distributed through Mark-E and Stadtwerke Lüdenscheid retail brands.
• Gas (Natural Gas Supply) Natural gas supply with approximately 2,840 million kWh delivered in 2025 to residential and commercial customers in the Märkische region.
• Wasser (Drinking Water Supply) Drinking water supply with 18.3 million cubic meters delivered in 2025, including waterworks Nieringsen, Perick, Bredenbruch, and Krim integrated through the Stadtwerke Hemer Pachtmodell.
• Wärme (District Heating) District heating supply with 59 million kWh delivered to end consumers in 2025, stable year-over-year with a stable customer base.
• Regionalstrom Regional eco-friendly electricity tariff sourced from renewable energy production within the Märkische region of Südwestfalen.
• PPA (Power Purchase Agreements) Innovative trading competence enabling industrial customers to source renewable energy directly through long-term power purchase agreements, including a photovoltaic PPA at the former Cuno coal plant site in Herdecke for industrial direct consumption.
• Contracting (Heizung zur Miete / Wärme-Contracting) Energy contracting services where ENERVIE invests in heating solutions and rents them to residential and industrial customers, providing heat and efficiency services.
• Smart Meter Intelligent measurement systems for electricity enabling smart grid functionality and automated meter reading, with over 6,000 units installed exceeding the 20% Bundesnetzagentur quota.
• Ladeinfrastruktur (EV Charging Infrastructure) Electric vehicle charging station network with public charging points across the service region, including the LiVoTo (Ladeinfrastruktur Standort Vorschlagstool) location proposal tool for municipalities, industry, and private customers.
• Wallboxen (EV Wallboxes) Home and commercial charging solutions for residential electric vehicle charging, offered as part of the e-mobility product portfolio.
• V2G (Vehicle-to-Grid) Bidirectional charging technology allowing electric vehicles to feed energy back to the grid, supporting grid stability and energy storage.
• Batteriespeicher Elverlingsen (Large-Scale Battery Storage) Large-scale battery storage facility in Elverlingsen for storing renewable energy and providing grid stabilization services.
• ENERVIE Digital Hub (IoT Platform) IoT platform with LoRaWAN connectivity enabling smart infrastructure and connected services for municipalities, businesses, and utilities.
• LoRaWAN Connectivity Service Long Range Wide Area Network technology operated as the foundation for smart city and municipality infrastructure, supporting IoT connectivity across the region.

Quantifiable outcome

• Revenue €1,142 million with EBT of €64.1 million in FY 2025 despite challenging framework conditions
• +5 more outcomes

Named customers5 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

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Stadtwerke HemercoreStrategic or Co-development Partner · 1 January 2025A new operating lease model (Pachtmodell) was implemented effective January 1, 2025. Mark-E now supplies Strom, Gas, and Wasser customers in Hemer, and ENERVIE Vernetzt took over network operations and service. Waterworks Nieringsen, Perick, Bredenbruch, and Krim were also integrated into ENERVIE's waterworks division.
• Jürgens GruppecoreStrategic or Co-development PartnerENERVIE partners with Jürgens Gruppe in the e-Trucks business area to advance e-mobility for commercial vehicles and heavy-duty transport in North Rhine-Westphalia. Both partners jointly drive the development of charging infrastructure in depots and operating bases for commercial and heavy-duty transport.
• Stadtwerke PlettenbergcoreStrategic or Co-development PartnerEffective January 1, 2026, ENERVIE Vernetzt purchased the electricity grid of Stadtwerke Plettenberg, which was previously operated under an operating lease agreement.
• KPPP (Kabel Premium Pulp & Paper GmbH)minorStrategic or Co-development PartnerFollowing the insolvency of KPPP, the long-term partner at the biomass CHP plant Hagen-Kabel (BVA), shares in BVA were transferred to Mark-E. Technical and commercial operation of BVA continues to be handled by Mark-E. Mark-E also acquired approximately 80,000 m² of land from KPPP for infrastructure development.
• SL NaturEnergiecoreStrategic or Co-development PartnerSL NaturEnergie is a co-owner of Windpark Rafflenbeul alongside Mark-E (50% share) and Stadtwerke Iserlohn.
• Stadtwerke IserlohncoreStrategic or Co-development PartnerStadtwerke Iserlohn is a co-owner of Windpark Rafflenbeul alongside Mark-E and SL NaturEnergie.
• Bürgerwind Hagen-Süd GbRcoreStrategic or Co-development PartnerMark-E has a 50% stake in a project company formed with Bürgerwind Hagen-Süd GbR for a wind turbine project in the Hagen-Mollberg area. The project was successfully accepted into the EEG remuneration tender.
• Kraftwerksgesellschaft Herdecke mbH & Co. KGcoreStrategic or Co-development PartnerMark-E holds a stake in the GuD (gas and steam turbine) plant Herdecke, which made a particularly high contribution margin in 2025. The plant is part of the generation portfolio contributing positively to the group's financial results.
• PSW Rönkhausen GmbH & Co. KGcoreStrategic or Co-development PartnerPumpspeicherwerk (PSW) Rönkhausen is a pumped storage power plant in the ENERVIE generation portfolio that provided high contribution margins in 2025. It supports grid stability and energy storage in the region.
• KERN (Kommunales Effizienz-Netzwerk)minorStrategic or Co-development PartnerA municipal efficiency network (KERN) formed with partner municipalities to drive energy transition and climate protection initiatives at the municipal level in South Westphalia.
• BesserGrün (GreenTrax)minorStrategic or Co-development PartnerValue community partnership in energy sales (GreenTrax), contributing to sustainable energy products and marketing.
• GreenTraxminorStrategic or Co-development PartnerPartnership in the GreenTrax value community for THG quota trading and sustainable electromobility, providing market opportunities in the e-mobility segment.

Scale indicators12 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Mainova AG: Vertically integrated regional energy and water utility serving the Frankfurt/Rhine-Main area with electricity, gas, water, and heat — closely comparable to ENERVIE in business mix, municipal ownership structure, and integrated value chain.
• N-ERGIE Aktiengesellschaft: Regional municipal utility in Nuremberg/Franconia supplying electricity, gas, heat and water to several hundred thousand customers — directly comparable to ENERVIE in regional utility structure, mixed generation, and energy services portfolio.
• TEAG Thüringer Energie AG: Thuringian regional energy group covering generation, grids and retail supply to residential and commercial customers — comparable to ENERVIE on integrated value chain, customer base size, and regional economic profile.
• Stadtwerke Leipzig GmbH: Municipal utility group providing electricity, gas, district heating, water, and e-mobility services to the Leipzig region — same product mix, multi-subsidiary structure, and municipal-ownership model as ENERVIE.
• RheinEnergie AG: Cologne-based regional utility supplying electricity, gas, water and heat to the Rhineland — comparable to ENERVIE across retail supply, district heating, water, and regulated network operations.
• Stadtwerke Bonn GmbH (SWB): Municipal utility in the Bonn/Rhein-Sieg region offering electricity, gas, water, heat and e-mobility — showcases the same regional-utility model as ENERVIE with energy transition innovation and concession-based grid operations.
• Stadtwerke Krefeld AG (SWK): Municipal utility company supplying electricity, gas, water, heat and public transport in the Krefeld/NRW region — directly comparable to ENERVIE in customer scale, NRW presence, and integrated multi-utility offering.

Broad incumbents

• EWE AG: Large northwestern German multi-utility spanning electricity, gas, water, telecommunications and emerging digital services — broader geographic scope than ENERVIE but with a comparable integrated residential/commercial offering and energy transition focus.
• Avacon AG: Regional energy network operator (E.ON affiliate) serving large parts of Lower Saxony, Saxony-Anhalt and northern Hesse — comparable to ENERVIE's grid subsidiary ENERVIE Vernetzt in regulated network operations and customer scale.
• Westenergie AG: Germany's largest municipal-utility-oriented energy service provider (E.ON subsidiary) operating distribution networks and energy services across NRW and beyond — overlaps with ENERVIE Vernetzt's regulated network and Stadtwerke services business in the same federal state.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/enerviegruppe
• YouTubeyoutube.com/channel/UCbVHt3jTqruSOfakM1wv4sA
• Facebookfacebook.com/profile.php?id=61556338864511
• LinkedInlinkedin.com/company/enervie---s-dwestfalen-energie-und-wasser-ag
• Instagraminstagram.com/enervie_gruppe

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries11 records

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 ENERVIE