Veolia (Cogenco) Combined Heat & Power

What Veolia (Cogenco) Combined Heat & Power does

Veolia Cogenco Combined Heat & Power is the UK division of Veolia Group's CHP operations and maintenance business, providing end-to-end service for Combined Heat and Power systems across the United Kingdom. The unit has accumulated over 30 years of experience in CHP optimisation and maintains a dedicated workforce of more than 50 service engineers distributed across the country, with a 24/7 remote monitoring and control centre (Hubgrade) based in Horsham, West Sussex. Its service portfolio covers condition and performance assessments, maintenance excellence programmes, CHPQA regulatory reporting, asset replacement, and in-house control system design, with multi-engine coverage spanning Bosch, MTU/Rolls-Royce, MAN, Worcester Bosch, 2G Energy, Caterpillar, Perkins, Cummins, and Guascor units.

The division targets enterprise customers across six verticals: manufacturing, water, pharmaceuticals, hospitality and leisure, food and beverage, and public and private healthcare. Named customers include Total Fitness, Crisp Malting, Cranswick Foods, and an unnamed leading UK brewery; reported customer outcomes include 40% energy bill savings, 90% total energy efficiency, up to 30% operational cost reduction, and a 99% client retention rate. The unit is now extending its offering into hybrid energy solutions that integrate CHP with solar, heat pumps, biogas, and hydrogen-ready systems, positioning the business around UK decarbonisation and emissions compliance.

Revenue is generated through long-term managed services contracts (CHP operations and maintenance), one-time professional services engagements (condition and performance assessments), and asset replacement project work. Pricing is quote-based and bespoke rather than published, and the division is sold directly to enterprise customers via the Veolia UK website, case study content marketing, dedicated phone outreach, and online enquiry forms. As a wholly-owned subsidiary of publicly traded Veolia Group (Euronext Paris: VIE), the Cogenco unit does not have independent external funding or standalone financial disclosures.

Name

Veolia (Cogenco) Combined Heat & Power

Legal name

Veolia UK

Website

https://cogenco.com

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

Veolia Cogenco is the UK division of Veolia Group providing operations, maintenance, and remote monitoring services for Combined Heat and Power systems across manufacturing, water, pharma, hospitality, food and beverage, and healthcare customers.

Ownership category

akta.pro rank

Product category

Combined Heat & Power Operations and Maintenance

NAICS

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310), Plumbing, Heating, and Air-Conditioning Contractors (238220)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Commercial/Institutional CHP (Hospitals, Universities, Data Centers, Campuses) (EUACAKAJ)

akta.pro secondary industries

Industrial Process CHP (Refineries, Chemicals, Pulp & Paper, Metals) (EUACAKAI), Hard Services (MEP/HVAC, Electrical, Plumbing) (BPABAAAA)

Keywords

• Combined heat power
• CHP maintenance services
• Energy operations management
• Hybrid energy solutions
• Industrial energy efficiency

Headquarters

HQ city

Horsham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. CHP Operations and Maintenance Contracts: Long-term service contracts providing ongoing maintenance, monitoring, and optimisation of Combined Heat and Power systems. Revenue generated through contractual service agreements with enterprise clients across multiple sectors.
2. Condition and Performance Assessments: One-time assessment and audit services to evaluate CHP system performance, identify optimisation opportunities, and develop improvement strategies.
3. Asset Replacement Services: System replacement services including technology selection, installation, and commissioning of new CHP equipment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Veolia Cogenco provides operations, maintenance and optimisation services for Combined Heat and Power (CHP) systems installed at UK industrial and commercial sites. Offerings span 24/7 remote monitoring via the Hubgrade Centre, condition and performance audits, regulatory and CHPQA reporting, multi-engine maintenance across all major CHP brands, full asset replacement, and bespoke hybrid energy solutions integrating solar, heat pumps, biogas and hydrogen-ready technologies. The service is sold on long-term contractual relationships to enterprise customers across manufacturing, water, pharmaceutical, hospitality, food & beverage, and healthcare sectors.

Product overview

Veolia's Combined Heat and Power (CHP) operations and maintenance service is a comprehensive portfolio offering both core CHP system management and specialized supporting modules. The core offering provides end-to-end CHP operations and maintenance with 24/7 remote monitoring through the Hubgrade Centre. The service portfolio includes Condition & Performance Assessments Audits for system optimization, Maintenance Excellence programs for proactive upkeep, CHP QA/Regulatory Reporting for compliance management, and Asset Replacement services for system upgrades. Veolia also provides multi-engine maintenance covering major CHP brands including Bosch, MTU/Rolls-Royce, MAN, Worcester Bosch, 2G Energy, Caterpillar, Perkins, Cummins, and Guascor, enabling them to service CHP systems regardless of original manufacturer.

Differentiator

Problem solved

Functional benefit

Products and services

• Combined Heat and Power (CHP) Operations and Maintenance End-to-end operations and maintenance service for installed CHP systems, including proactive scheduled maintenance, 24/7 remote monitoring, rapid-response breakdown support, performance optimisation, and emissions/CHPQA regulatory reporting, sold on long-term contracts to UK enterprise customers across multiple industrial sectors.
• Hubgrade Centre Remote Monitoring and Control Subscription-style 24/7 remote monitoring service delivered from a dedicated UK control centre, providing real-time operational insights into CHP units, with around 90% of issues resolved remotely through advanced in-house control systems.
• Condition and Performance Assessments Audits One-off engineering assessments and audits evaluating existing CHP system performance, identifying efficiency and emission reduction opportunities, and proposing bespoke hybrid energy solutions and improvement strategies for owners of CHP assets.
• CHP Asset Replacement Turnkey replacement service guiding customers through technology selection, supply, installation and commissioning of new CHP equipment when existing units reach end of life or require upgrade.
• Multi-Engine CHP Maintenance Services Maintenance and optimisation services covering CHP engines from multiple OEMs including Bosch, MTU/Rolls-Royce, MAN, Worcester Bosch, 2G Energy, Caterpillar, Perkins, Cummins, and Guascor, enabling Veolia to take over service of assets regardless of original manufacturer.

Quantifiable outcome

• 40% savings on energy bills
• +6 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• E.ON UK: E.ON UK is a major UK energy incumbent offering energy solutions, heat networks, and on-site generation services to commercial and industrial customers. It is a broad incumbent that overlaps with Cogenco's enterprise CHP and energy services offering as part of a much wider portfolio.
• Engie UK: Engie is a global energy services group with UK operations spanning energy efficiency, decentralised generation, and CHP. As a broad incumbent, Engie competes with Cogenco on multi-site enterprise CHP O&M but bundles it within a much larger energy services portfolio.

Direct peers

• Aggreko: Aggreko supplies temporary and permanent power solutions, including modular gas-fired and CHP installations, to industrial and commercial customers. It overlaps with Cogenco in on-site industrial CHP and power services, though with a stronger tilt toward temporary/rapid-deployment offerings.
• SSE Energy Solutions: SSE Energy Solutions delivers distributed energy, CHP, and decarbonisation services to UK commercial and industrial customers. It is a direct competitor in the UK CHP O&M and on-site energy services market that Cogenco targets.
• Clarke Energy: Clarke Energy is a UK-based specialist in the supply, installation, and maintenance of gas engine CHP systems, including INNIO Jenbacher equipment. It directly overlaps with Veolia Cogenco on CHP O&M services across the same UK industrial customer base.
• Centrica Business Solutions: Centrica Business Solutions provides on-site CHP, energy management, and decentralised energy services to UK and Irish enterprises. It competes head-to-head with Cogenco for industrial and commercial CHP maintenance contracts and shares a UK-only enterprise GTM focus.

Others

• 2G Energy: 2G Energy is a German manufacturer of CHP systems whose engines Cogenco explicitly services. It is an adjacent supplier rather than a direct competitor, but its installed base is a source of Cogenco's service revenue.
• MTU/Rolls-Royce Power Systems (now Rolls-Royce Solutions): MTU/Rolls-Royce Power Systems manufactures CHP and gas engine systems that Cogenco services. As an OEM, it is both a partner (parts and training) and a potential competitor via its own service network.

Regional players

• Dalkia: Dalkia is Veolia Group's French energy services subsidiary operating CHP and district heating/cooling networks across France and adjacent European markets. It is effectively a sister operation running the same CHP/distributed energy model in a different geography.
• Bouygues Energies & Services: Bouygues Energies & Services delivers technical facility management, energy performance, and on-site generation services across the UK and Europe. It is a regional peer that competes in CHP/energy services but operates primarily out of continental Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cogenco-ltd

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 Veolia (Cogenco) Combined Heat & Power