EFT Group

What EFT Group does

EFT Group is a privately held energy trading and investment company founded in 2005 and headquartered in London, operating across more than 20 countries with principal focus on Central and Southeastern Europe. The company is structured around two pillars: a trading business and a generation/investment business. The trading pillar executes power transactions on the forward, day-ahead, and intra-day markets across 14 European power exchanges and supplies customers through long-term and short-term bilateral agreements, delivering on average approximately 18 TWh of electricity per year to power utilities, energy exchanges, industrial customers, traders, and transmission and distribution system operators.

The core technology stack consists of two proprietary in-house platforms — EPOX for trade execution and InBalance for portfolio management and balancing — both developed and maintained by an internal IT support team. On top of these platforms, EFT sells Standard Products (base, peak, off-peak blocks across hourly to multi-year tenors) and Structured Products (interruptible and emergency delivery, reserve power, cross-border capacity rights, and physical location and time swaps). Revenue mechanics are B2B wholesale: pricing is negotiated bilaterally and is not publicly disclosed, with margins captured on the spread between procurement, hedging, and delivery.

The investment pillar is anchored in renewable generation development. The company is constructing HPP Ulog (35 MW hydro on the upper Neretva river, Republika Srpska) under an EPC contract with Sinohydro Corporation, and PVP Bileća (photovoltaic plant, 50-year concession) under an EPC contract with Dongfang Electric Corporation, both targeted for early 2025 commercial operations. In 2023 EFT fully divested from fossil fuel assets and committed to renewable-only development, while also building an Aggregated Renewables off-take network that aggregates supply from small independent renewable producers across SEE for resale through the trading book. Operations are conducted through licensed trading and supply entities in 15+ jurisdictions, including Switzerland (the primary operating entity), the UK, Serbia, Bosnia and Herzegovina, Romania, Hungary, Greece, Bulgaria, Slovenia, Montenegro, North Macedonia, Albania, and Ukraine.

Name

EFT Group

Legal name

EFT

Website

https://eft-group.net

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

EFT Group is a privately held European energy trading and investment firm that delivers approximately 18 TWh of electricity annually to utilities, exchanges, and industrial customers across more than 20 countries, while developing renewable generation assets in the Balkans.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wholesale Electricity Trading: EFT trades wholesale electricity on forward, day-ahead and intra-day markets across 14 European power exchanges, delivering approximately 18 TWh of electricity annually to customers through bilateral agreements and market trades
2. Bilateral Agreements: Long-term and short-term bilateral power purchase and sale agreements with customers including power utilities, energy exchanges, industrial customers, traders, and transmission/distribution operators

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

EFT Group trades wholesale electricity on forward, day-ahead and intra-day markets across 14 European power exchanges and through direct bilateral agreements, delivering approximately 18 TWh per year to power utilities, energy exchanges, industrial customers and transmission/distribution operators in more than 20 countries. The group also invests in and develops renewable electricity generation assets (hydro and solar) and aggregates off-take from small renewable producers, using its proprietary EPOX and InBalance trading platforms to optimize a portfolio of standard and structured electricity products.

Product overview

EFT Group operates as a power trading and investment company with a platform-plus-services architecture. The core offering includes two proprietary trading platforms—EPOX and InBalance—for executing trades and managing energy portfolios. Trading services encompass Standard Products (base/peak/off-peak electricity in various timeframes) and Structured Products (customized delivery contracts, reserve power, capacity access). On the investment side, the company develops renewable energy assets including HPP Ulog (hydro power plant, 35MW) and PVP Bileća (photovoltaic plant), alongside an Aggregated Renewables network connecting small renewable producers to European energy markets.

Differentiator

Problem solved

Functional benefit

Brands

• EPOX: Proprietary trading platform developed and maintained by EFT's IT support team.
• InBalance

Products and services

• EPOX Proprietary trading platform developed and maintained by EFT's IT support team for executing and managing wholesale power trades across European power exchanges and bilateral agreements.
• InBalance Proprietary trading platform developed and maintained by EFT's IT support team for energy portfolio management and balancing of EFT's wholesale power portfolio.
• Standard Power Products Standardized wholesale electricity products including weekly base or peak, workday base, peak or off-peak, and weekend contracts, traded in hourly, daily, monthly, quarterly, yearly or longer periods for utilities, industrial customers and exchanges.
• Structured Power Products Customized electricity delivery contracts including extendable delivery, interruptible delivery, emergency delivery on short and long-term notice, upward and downward reserve power, cross-border capacity certificates (CBCs) and power exchange access service, and physical location and time swaps, sold to utilities, industrial customers and TSOs/DSOs.
• HPP Ulog Two-unit, 35 MW installed capacity hydro power plant under development on the upper stream of the Neretva river in Republika Srpska, Bosnia and Herzegovina, expected to generate 85 GWh annually and supply EFT's trading portfolio from own energy sources once operational.
• PVP Bileća (SE Bileca) Photovoltaic (solar) power plant under development in the municipality of Bileća, southern Bosnia and Herzegovina, under a 50-year concession held by EFT, intended to supply EFT's trading portfolio from own renewable energy sources.
• Aggregated Renewables Network of electricity off-take arrangements with small renewable energy producers across southeast Europe, connecting independent renewable suppliers to energy markets and supporting green energy delivery to EFT customers.

Quantifiable outcome

• 18 TWh electricity delivered annually to customers
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Dongfang Electric CorporationcoreImplementation/ SI/ Consulting Partner · 1 January 2022Dongfang Electric Corporation is the EPC contractor for the PVP Bileća photovoltaic power plant in Bosnia and Herzegovina. Construction began in the second half of 2022 under a turn-key EPC contract. Commercial operation expected in early 2025.
• Sinohydro Corporation LtdcoreImplementation/ SI/ Consulting Partner · 1 January 2019Sinohydro Corporation Ltd is the EPC (Engineering, Procurement, Construction) contractor for the HPP Ulog hydro power plant project. Construction of the 35MW hydro power plant began in 2019 on the upper stream of Neretva river in Republika Srpska, Bosnia and Herzegovina. Commercial operations expected to commence in early 2025.
• British Foreign and Commonwealth OfficeminorStrategic or Co-development Partner · 1 January 2010EFT and the British Foreign and Commonwealth Office jointly fund the Chevening-EFT scholarship programme, a prestigious awards scheme that funds international postgraduate students studying in the UK. The programme is administered by the British Council in Serbia, Bosnia and Herzegovina, and since 2014, in Albania.
• British CouncilminorImplementation/ SI/ Consulting Partner · 1 January 2010The British Council administers the Chevening-EFT scholarship programme in Serbia, Bosnia and Herzegovina, and since 2014, in Albania.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• MET Group: Switzerland-based European energy trader and investor active across power and gas in Central and Southeastern Europe. Directly comparable to EFT in scope of cross-border European trading, integrated generation, and multi-country subsidiary structure.
• Axpo: Swiss energy trader and one of Europe's largest power producers and traders, with significant activity in bilateral and exchange-traded power. Comparable to EFT as a European-focused energy trader with proprietary trading infrastructure and renewable generation assets.
• Energetický a průmyslový holding (EPH): Czech-based energy group with significant SEE footprint through EP Power Europe and EP Commodities. Comparable as a vertically integrated trader-producer operating across the same CSEE markets, competing head-to-head in power trading and generation development.
• Alpiq: Swiss-headquartered European electricity producer and trader with cross-border power flows across multiple European exchanges. Comparable in being a private, Europe-centric energy trading and generation player.

Broad incumbents

• Uniper: Major European energy trader and generator with deep exposure to European power and gas markets. Comparable in cross-commodity European energy trading and bilateral contracting with utilities and industrial customers.
• RWE Supply & Trading: German utility with one of Europe's largest energy trading desks, active across European power exchanges. Comparable in CSEE and pan-European power trading, but operates at substantially larger scale and from a broader portfolio base.
• Statkraft: Norwegian state-owned renewable energy generator and Europe's largest generator of hydropower, with substantial European power trading operations. Comparable as a renewable-heavy European trader-producer, though much larger and globally diversified.

Regional players

• CEZ Group: Czech-based integrated utility with substantial generation and trading across CSEE. Comparable as a vertically integrated utility-trader operating in overlapping CSEE geographies, though anchored in the Czech market.

Emerging players

• MOL Group: Hungarian oil and gas major that has expanded into power trading and renewable generation in CSEE. Comparable as a CSEE-anchored energy player building out an integrated energy offering beyond its traditional hydrocarbons base.

Others

• Repsol (renewables & trading): Global integrated energy company with European power trading and renewable generation activities. Comparable as a downstream energy participant with trading and renewables, though much larger and globally diversified beyond Europe.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eft

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries16 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 EFT Group