Energiedienst

What Energiedienst does

naturenergie holding AG (formerly Energiedienst Holding AG) is a publicly listed Swiss energy company headquartered in Rheinfelden that operates as a regional climate-friendly energy utility serving Südbaden in southern Germany and Switzerland. The company runs three wholly-owned operating subsidiaries — naturenergie (energy solutions and supply), naturenergie netze (grid infrastructure), and naturenergie systeme (energy systems) — anchored by a renewable generation portfolio spanning hydropower, photovoltaics, and hydrogen, alongside system-relevant electricity grid operations.

Revenue is generated through three primary streams: regulated electricity supply to residential and commercial customers under tariff-based recurring contracts, managed grid infrastructure services including municipal concessions, and professional services delivering holistic energy concepts for buildings, mobility, and municipalities. The customer base is segmented geographically across its operational region, with municipalities forming a strategic segment alongside retail and commercial energy consumers.

The business model is that of a vertically integrated regional utility with protected territorial rights through grid concessions, supported by €209 million in operating result and €174 million in capital investments during the most recent reporting period. The company is publicly listed on the SIX Swiss Exchange in Zurich under Swiss law, with a workforce of 1,480 employees across the group.

Name

Energiedienst

Legal name

naturenergie holding AG

Website

https://energiedienst.de

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

501–1,000 employees

Short description

naturenergie holding AG is a Swiss-listed regional energy utility serving Südbaden and Switzerland with renewable electricity generation (hydropower, solar, hydrogen), grid infrastructure operations, and holistic energy solutions for residential, commercial, and municipal customers.

Ownership category

akta.pro rank

Product category

Electricity and Renewable Energy Utilities

NAICS

Electric Power Generation, Transmission and Distribution (2211), Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114)

SIC

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

akta.pro primary industry

DERMS/ADMS & Grid Operations Software Integration (Dispatch, Constraint Mgmt) (EUAMAIAG)

akta.pro secondary industries

Distributed Generation (DG) Solar & Small Wind (EUAMAJAD), Interconnection, Permitting & Grid Services for DERs (EUAMAJAH), Microgrid Development, EPC & Integration (EUAMAJAB)

Keywords

• Renewable energy supply
• Hydropower generation
• Photovoltaic solar energy
• Electricity grid infrastructure
• Hydrogen energy solutions

Headquarters

HQ city

Rheinfelden

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain

Revenue model

1. Energy Supply: Supply of electricity to residential and commercial customers in Südbaden and Switzerland. Revenue generated from electricity distribution and supply tariffs.
2. Grid Infrastructure Operation: Operation and maintenance of electricity network infrastructure including grid concessions for municipalities
3. Energy Products and Services: Comprehensive energy concepts and products for sustainable society including consulting and implementation services

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Energiedienst (operating as naturenergie holding AG) generates renewable electricity from hydropower, photovoltaics, and hydrogen, and operates system-relevant electricity grid infrastructure to distribute that energy to residential, commercial, and municipal customers in Südbaden (Germany) and Switzerland. Beyond generation and grid operation, the group offers holistic energy products and consulting services that help customers decarbonize buildings and mobility as part of the energy transition.

Product overview

Energiedienst (now trading as naturenergie holding AG) is a climate-friendly energy provider offering a portfolio of renewable energy solutions. The company operates three core energy generation sources: hydroelectric power (Wasserkraft), hydrogen (Wasserstoff), and photovoltaics (Photovoltaik). Supporting these generation assets is system-relevant infrastructure including electricity grid networks serving southern Baden and Switzerland. The group provides comprehensive energy products and services to customers, positioning itself as a partner for holistic energy solutions in the energy transition. The rebranding from Energiedienst Holding AG to naturenergie holding AG in 2024 maintains the company's strategic focus on sustainable, climate-friendly energy while unifying its brand identity across subsidiaries naturenergie, naturenergie netze, and naturenergie systeme.

Differentiator

Problem solved

Functional benefit

Brands

• naturenergie: Main brand for holistic climate-friendly energy solutions including energy generation, infrastructure and products
• naturenergie netze
• naturenergie systeme

Products and services

• Wasserkraft (Hydroelectric Power)

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• E.ON SE: One of Europe's largest operators of energy distribution networks and customer solutions, with deep presence in Germany. Comparable as a broad incumbent active in regional grid operations and decentralized energy concepts, though at far greater scale.
• RWE AG: European utility with a large renewable generation portfolio (especially offshore and onshore wind) and active in hydrogen/cleantech. Comparable as a broad incumbent investing in the same renewable and hydrogen themes naturenergie pursues at smaller scale.

Direct peers

• Axpo Holding AG: Major Swiss electricity producer and grid operator with a large hydropower fleet and distribution activities. Comparable as a hydro-anchored Swiss utility with regulated network and trading operations overlapping naturenergie's Swiss footprint.
• Statkraft AS: Europe's largest generator of renewable energy, dominated by hydropower with growing wind and solar. Comparable as a hydro-backed renewable IPP and energy-services provider serving European regulated and corporate customers.
• BKW Energie AG: Swiss integrated energy utility headquartered in Bern with hydropower generation, grid operations, and energy services. Closely comparable business mix (hydro + grid + end-customer solutions) and Swiss regulatory context to naturenergie's Swiss arm.
• VERBUND AG: Austrian integrated utility that is one of Europe's largest hydro-based electricity producers and a transmission system operator. Comparable as a hydro-led renewable utility with regulated grid assets across the Alpine/DACH region.
• Alpiq Holding AG: Swiss electricity producer and energy services provider with significant Swiss/European hydro and flexibility assets. Comparable as a Swiss-based hydro-led energy company with generation, trading, and customer-solutions activities overlapping naturenergie's Swiss profile.
• EnBW Energie Baden-Württemberg: Largest regional energy utility in Baden-Württemberg, operating renewable generation (including significant hydro on the Rhine) and regulated electricity grids in the same geography as naturenergie. Directly comparable as a vertically integrated renewable/grid utility serving the same German regional market.

Regional players

• IWB Industrielle Werke Basel: Municipal multi-utility for the Basel region combining renewable generation, district heating, and grid operations. Comparable as a regional Swiss utility building decarbonized energy solutions similar to naturenergie's concept, though concentrated in the Basel area.
• EBL Energie AG: Regional energy utility in northwestern Switzerland providing electricity, heat, and grid services. Comparable as a smaller-scale, regional Swiss grid/generation utility with renewable and energy-services offerings like naturenergie netze and naturenergie systeme.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/energiedienst

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 Energiedienst