Romande Energie

What Romande Energie does

Romande Energie is the leading electricity supplier in French-speaking Switzerland, serving over 270,000 customers across approximately 300 municipalities and operating 11,000 km of power lines (85% underground). The company traces its origins to 1886-1887 with the delivery of the first electric lighting in Switzerland, and operates today as a publicly listed holding company (Romande Energie Holding SA, ticker HREN/SREN) headquartered in Morges, Vaud, with around 1,500 employees. It ranks as Switzerland's fifth-largest power supplier and supplies 96% renewable electricity through an integrated portfolio of own-generation assets and market procurement.

The technology base spans renewable generation (hydroelectric plants at La Dernier/Vallorbe and Les Clées/Ballaigues, the Sainte-Croix wind farm opened in 2024 with six turbines, the agrivoltaic park at Conthey, and the Enerbois biomass plant — Switzerland's largest dry biomass facility), grid infrastructure with 232,550 smart meters deployed (81% of customers, two years ahead of the federal schedule), and 45 district heating plants. Core products include electricity supply, smart meters, solar installations, EV charging, district heating, and the OverFlow Power-to-Heat solution for solar surplus valorization. Supporting services span energy efficiency consulting, the Commune Rénove renovation program, and RE Ventures — a corporate venture capital arm deploying up to CHF 1 million per deal in Cleantech startups.

The business model is built on regulated network distribution and recurring electricity supply revenues, complemented by energy services (production, efficiency, electric mobility, lighting, heating/cooling, renovation), the newly formed Property business unit, and associate income from Alpiq (CHF 37 million contribution). FY2025 revenue was CHF 402.02 million with adjusted EBITDA of CHF 152 million (+25% YoY) and net profit of CHF 80 million (+208%). Pricing follows an annual tariff structure with published 2026 rates. Vision 2040 reorganizes operations into four business units (Energy, Markets, Grids, Property) and targets CHF 170-190 million adjusted EBITDA by 2030, with a stated ambition to make Western Switzerland the country's first net-zero region.

Name

Romande Energie

Legal name

Romande Energie Holding SA

Website

https://romande-energie.ch

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Romande Energie is Switzerland's fifth-largest power supplier and the leading electricity provider in French-speaking Switzerland, serving over 270,000 customers and 300 municipalities through regulated distribution, renewable generation, and energy services.

Ownership category

akta.pro rank

Product category

Electric Utility / Energy Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112), Electric Power Generation (22111)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Distribution System Hardening & Resilience Upgrades (EUAEACAK)

akta.pro secondary industries

Utility-Scale Power Generation Asset Management (EUAEAMAA), High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK)

Keywords

• Electricity supply services
• Renewable energy generation
• Energy distribution networks
• District heating solutions
• EV charging infrastructure

Headquarters

HQ city

Morges

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Electricity Supply: Core revenue stream from supplying electricity to over 270,000 customers in French-speaking Switzerland. The company supplies 96% renewable electricity and ranks as Switzerland's fifth-largest power supplier.
2. Network Distribution: Distribution network operations managing 11,000 km of power lines and serving 300 municipalities
3. Energy Services: Professional energy services including production, efficiency, electric mobility, lighting, heating/cooling, and renovation services
4. Property/Real Estate: New business unit focused on property-related energy solutions
5. Alpiq Stakeholder Income: CHF 37 million contribution from associate Alpiq

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Romande Energie is a Swiss multi-service energy company that supplies electricity (96% renewable) to over 270,000 customers across 300 municipalities in Western Switzerland, operates an 11,000 km distribution network, generates renewable electricity from hydroelectric, wind, solar, and biomass assets, and provides complementary energy services including smart meters, district heating, EV charging, solar installations, and energy efficiency consulting.

Product overview

Romande Energie is a multi-service energy company and the leading electricity supplier in Western Switzerland, serving over 270,000 customers across approximately 300 communes. The company operates an integrated business model combining electricity distribution and supply (with 96% renewable sourcing), renewable energy generation (hydroelectric, wind, solar, and biomass), and energy services. Its product portfolio includes core energy offerings (electricity supply, smart meters, solar installations, EV charging stations, and district heating networks), renewable generation assets (the Enerbois biomass plant, hydroelectric facilities at La Dernier and Les Clées, and the Sainte-Croix wind farm), and value-added services (energy efficiency consulting, the OverFlow Power-to-Heat solution, and the RE Ventures corporate venture capital arm). The company also operates community engagement programs including the Explorateurs de l'Énergie educational initiative and the Pourcent Sociétal environmental patronage program. Vision 2040 strategic framework reorganizes operations into four business units: Energy, Markets, Grids, and Property.

Differentiator

Problem solved

Functional benefit

Brands

• RE Ventures: Corporate venture capital arm investing up to CHF 1 million in Cleantech startups in Switzerland and Europe, supporting startups in energy transition and climate protection technologies.

Products and services

• Electricity Supply (Électricité) Core electricity supply offering delivering electricity to over 270,000 customers across Western Switzerland, with 96% renewable sourcing. Serves residential, commercial, and industrial end users through the regulated distribution network and market-based procurement.
• Smart Meters (Compteurs intelligents) Intelligent electricity metering infrastructure deployed to customers, enabling 15-minute load curve data collection, grid optimization, and consumption monitoring for residential and professional customers.
• Solar Energy Solutions (Solaire) Comprehensive solar energy offerings including installation services, solar panel connections, purchase price programs, and collective self-consumption schemes. Supports residential and commercial customers in becoming solar energy producers.
• EV Charging Stations (Bornes de recharge) Electric vehicle charging solutions for individual homes, collective parking facilities, and commercial buildings. Supports the energy transition and mobility electrification for residential and B2B customers.
• District Heating (Chauffage à distance) Remote heating network solutions providing thermal energy distribution across 45 district heating plants including the biomass-fired Enerbois central heating system. Serves residential buildings, municipalities, and commercial properties.
• Enerbois Biomass Plant Switzerland's largest dry biomass plant located at Rueyres, converting wood by-products from a sawmill into heat, electricity, and pellets through circular economy processes. Produces 18,400 tonnes of pellets annually equivalent to 90 GWh of heat.
• Hydroelectric Generation Hydropower generation through multiple facilities including the La Dernier plant at Vallorbe (operational since 1903) and the underground Les Clées plant at Ballaigues (operational since 1955), providing renewable electricity production.
• Wind Farm Sainte-Croix The first wind farm in the Canton of Vaud, operational since 2024 with six wind turbines, contributing to winter renewable electricity production and indigenous energy supply.
• OverFlow Power-to-Heat Solution Innovative Power-to-Heat solution that valorizes excess solar energy by converting electricity surplus into usable heat, helping to stabilize the electrical grid and optimize renewable energy integration. Represents Romande Energie's first solution for managing intermittent renewable production.
• RE Ventures Corporate venture capital arm of Romande Energie that invests up to CHF 1 million per Cleantech startup based in Switzerland and Europe, focusing on energy transition, climate protection, and sustainable technologies. Supports startups with market access, industry expertise, and ecosystem connections.
• Energy Efficiency Consulting Advisory services helping residential and commercial clients reduce energy consumption through building renovations, insulation improvements, heat pump installations, and energy-efficient solutions to reduce CO2 emissions.
• Commune Rénove Program Property renovation support program helping communes and building owners improve energy efficiency and reduce CO2 emissions, supported by the Swiss Confederation and Canton of Vaud.
• Agrivoltaic Park Conthey Switzerland's first agrivoltaic installation combining agricultural production with solar energy generation, developed in partnership with Agroscope and Insolight at Conthey.

Quantifiable outcome

• 25% EBITDA growth in 2025 (CHF 152 million)
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• GEOOL SAcoreStrategic or Co-development Partner · 1 July 2021Joint venture with Services industriels de Lausanne (SiL) and Service intercommunal de l'électricité SA (SIE) to develop hydrothermal geothermal energy in the Lausanne agglomeration.
• ECUCADcoreStrategic or Co-development Partner · 10 February 2021Joint venture with Service intercommunal de l'électricité (SIE) in Ecublens and Chavannes-près-Renens for promotion of renewable energies and district heating network development.
• URBIOminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. URBIO enables energy suppliers, engineering firms, and local authorities to design heating networks more quickly through an intuitive digital twin and simulation models.
• TAYOminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. Tayo simplifies interactions between property managers, tenants, and service providers.
• PROXIPELminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. Proxipel turns biomass waste into pellets through a mobile pellet plant.
• YORDminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. Yord specializes in intelligent optimization of building heating systems for energy efficiency and CO2 reduction.
• HYPERIONminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. Hyperion designs advanced structural systems and uses large-scale 3D printing of concrete for sustainable infrastructure.
• POPETYminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. Popety facilitates real estate prospecting and analysis through an all-in-one platform.
• ENERDRAPEminorStrategic or Co-development PartnerCleantech startup supported by RE Ventures. Enerdrape recovers heat from the ground through thermal panels for building heating and cooling.
• Agroscope and InsolightminorStrategic or Co-development PartnerPartnership for the agrivoltaic park at Conthey, the first in Switzerland combining agriculture and solar energy production.
• Zahnd Sawmill (Scierie Zahnd)minorStrategic or Co-development PartnerPartnership supplying wood waste to Enerbois biomass plant for pellets production and district heating.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Services Industriels de Genève (SIG): Geneva-based multi-utility providing electricity, gas, water, and energy services to residential, commercial, and municipal customers — comparable integrated energy services platform with shared renewable supply focus.
• ewz (Elektrizitätswerk der Stadt Zürich): Municipal utility of the City of Zürich supplying electricity, operating renewable generation assets, and providing energy services to residential and business customers — directly comparable multi-service utility model with similar regulatory and customer dynamics.
• BKW Energie: Bern-based integrated energy company providing electricity generation, distribution, and energy services across Switzerland, with comparable portfolio of renewable generation, grid operation, and end-customer energy solutions.
• Groupe E: Swiss electricity distributor and generator serving Fribourg and neighboring cantons, offering electricity supply, renewable generation, and energy services to residential and commercial customers — directly comparable as a regional multi-service utility in French-speaking Switzerland.
• IWB (Industrielle Werke Basel): Basel-based multi-utility providing electricity, natural gas, district heating, and energy services to residential and commercial customers — comparable Swiss municipal-style utility with renewable generation and energy transition portfolio.
• Alpiq: Swiss electricity producer and energy services provider with generation, trading, and distribution activities, and a direct associate of Romande Energie via a CHF 37 million contribution — operates comparable hydro generation, retail supply, and grid services across Switzerland.
• Energie Ouest Suisse (EOS) / ÉOS Energia: Historical Western Switzerland electricity alliance partner of Romande Energie, with shared heritage in production and transmission activities serving regional distributors — directly comparable Swiss multi-service utility operating in the same catchment.
• CKW (Centralschweizerische Kraftwerke): Central Switzerland's integrated energy company delivering electricity, solar, heating, and e-mobility services — directly comparable as a regional utility transitioning from commodity supplier to multi-service energy provider.

Broad incumbents

• Axpo: Switzerland's largest producer of renewable energy and a major electricity distribution utility, operating hydro, solar, wind, and biomass assets with broad national reach — overlaps with Romande Energie across generation, trading, and distribution but at significantly larger scale.

Regional players

• Primeo Energie: Northwestern Swiss energy utility serving the Basel region with electricity, heat, and e-mobility services, with comparable renewable generation and grid modernization profile — regional peer operating adjacent to Romande Energie's traditional catchment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RomandeEnergie
• YouTubeyoutube.com/user/RomandeEnergieSA
• Facebookfacebook.com/RomandeEnergie
• LinkedInlinkedin.com/company/romande-energie
• Instagraminstagram.com/romandeenergie
• TikToktiktok.com/@romandeenergie

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Romande Energie