NetVerder

What NetVerder does

NetVerder B.V. is a Dutch sustainable energy infrastructure company and wholly-owned subsidiary of Stedin Groep, headquartered in Delft, Netherlands. The company develops, constructs, and operates smart, sustainable energy networks for collective heat (warmtenetten), industrial steam (stoomnetwerken), and sustainable gases. Its core technology portfolio includes district heating networks powered by geothermal energy (aardwarmte), seasonal thermal energy storage systems (WKO/Warmte Koude Opslag) combined with surface water systems, low-temperature heat networks, and industrial steam exchange networks. Notable technical components include the Botlek Steam Network connecting steam producers (AVR, Cabot) with industrial consumers (Lanxess, LyondellBasell, Huntsman), the geothermal source at TU Delft Campus delivering heat at approximately 75°C, and an open innovation heat network at The Green Village field lab for testing new heat technologies. The company also operates the Open Innovatie WarmteNet on The Green Village as a regulation-light testing environment for heat innovation.

NetVerder generates revenue through three primary streams: (1) regulated cost-plus heat tariffs for residential and commercial customers (subscription/recurring), with maximum tariffs set annually by the Dutch government under the Wet collectieve warmte; (2) industrial steam network capacity and usage fees from B2B contracts with chemical companies; and (3) WKO system management fees through its subsidiary DNWG Warmte. The company employs an enterprise field sales GTM motion, acquiring customers through long-term partnerships with municipalities (Delft, The Hague, Rotterdam, Utrecht, Vlissingen, Vlaardingen, Terneuzen, Waddinxveen), social housing corporations (DUWO, Vidomes, Stedelink, Woonbron), and industrial companies, with multi-year development cycles aligned to the Dutch Warmtewet (Collective Heat Act) regulatory framework.

As of 2025, NetVerder manages 3 active heat networks and is developing 5+ additional projects across the Netherlands, with total pipeline targets of approximately 75,000+ residential connections (Delft 15,000, The Hague 24,000, Oostland 45,000) plus 1,500 hectares of greenhouse horticulture. The company is structured as a public-heat entity prioritizing continuity over profit maximization, backed by Stedin Groep's capital, strategic oversight, and shared services. The company is ISO 9001:2015 certified and achieved SCL (Safety Culture Ladder) Level 3 in 2024.

Name

NetVerder

Legal name

NetVerder B.V.

Website

https://netverder.nl

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

NetVerder B.V. is a Dutch sustainable energy infrastructure subsidiary of Stedin Groep that develops, builds, and operates district heating networks, industrial steam networks, and seasonal thermal energy storage systems for Dutch municipalities, social housing corporations, and industrial companies.

Ownership category

akta.pro rank

Product category

District Heating & Energy Infrastructure

NAICS

Steam and Air-Conditioning Supply (221330)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Geothermal Direct Use Heat Projects (District Heating, Greenhouses, Aquaculture, Industrial Heat) (EUAMAEAG)

akta.pro secondary industries

Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF), Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)

Keywords

• District heating networks
• Industrial steam networks
• Geothermal heat distribution
• Seasonal thermal energy storage
• Sustainable energy infrastructure

Headquarters

HQ city

Delft

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. District Heating Network Management & Exploitation: NetVerder develops, constructs, and operates heat networks, serving as the future network manager responsible for all aspects of the heating network lifecycle. Revenue is generated through network exploitation fees charged to connected customers (residential, commercial, industrial). Pricing is cost-plus based, with regulated maximum heat tariffs set by the government.
2. Steam Network Infrastructure: NetVerder owns the steam network infrastructure in the Rotterdam-Botlek industrial area, connecting steam producers (e.g., AVR, Cabot) with steam consumers (e.g., Lanxess, LyondellBasell, Huntsman). Revenue comes from infrastructure usage fees and network capacity charges.
3. WKO System Management: Management of WKO (Warmte Koude Opslag / Seasonal Thermal Energy Storage) systems for sustainable heating and cooling, currently in exploitation in Goes (Ouverture neighborhood, managed since 2022). Revenue generated from heat and cold delivery to connected buildings.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

NetVerder develops, constructs, and operates sustainable energy networks for collective heat, industrial steam, and renewable gases in the Netherlands. It serves as the future network manager for district heating projects, delivering geothermal, residual, and aquathermal heat to residential, commercial, and industrial customers under long-term public-private partnerships with municipalities, housing corporations, and industrial companies. Revenue is generated through regulated heat tariffs, industrial steam capacity and usage fees, and WKO system management subscriptions.

Product overview

NetVerder is an independent infrastructure partner within Stedin Groep that develops, builds, and manages sustainable energy networks. The company operates three core product lines: (1) Warmtenet (Heat Networks) for distributing hot water from sustainable sources like geothermal energy as alternatives to natural gas for residential and commercial heating; (2) Stoomnetwerk (Steam Networks) for industrial facilities to exchange residual steam between producers and consumers; and (3) Duurzame Gassen (Sustainable Gases) research for circular energy transition including biogas and hydrogen. The company also operates DNWG Warmte as a sub-brand providing heat and cold supply to the Ouverture neighborhood in Goes via WKO systems, with an associated customer portal (Mijn DNWG Warmte). NetVerder's portfolio includes multiple heat network projects across the Netherlands including Delft, Rotterdam-Botlek, Goes, Oostland, Vlissingen, The Hague, Hoek, and The Green Village innovation network.

Differentiator

Problem solved

Functional benefit

Products and services

• Warmtenet (District Heating Network) Networks of underground pipes carrying hot water for heating residential and commercial buildings as a sustainable alternative to natural gas, utilizing local heat sources such as geothermal energy. Sold to municipalities, housing corporations, and connected building owners via regulated heat tariffs.
• Stoomnetwerk (Industrial Steam Network) Industrial steam network enabling exchange of steam between companies that produce steam as a byproduct (e.g., waste incineration) and companies that need high-pressure steam for manufacturing processes, improving energy efficiency. Sold to industrial companies via capacity and usage-based fees.
• Duurzame Gassen (Sustainable Gases) Research and development into sustainable gases for a circular energy transition, including hydrogen and biogas applications. Currently in research phase.
• DNWG Warmte (Heat and Cold Supply) Sustainable heat and cold supply for residents of the Ouverture neighborhood in Goes, delivered through WKO (Heat Cold Storage) systems and surface water systems, managed as a public heat company with no profit motive under NetVerder.
• Mijn DNWG Warmte Customer Portal Online customer portal for DNWG Warmte customers to view consumption overviews, manage accounts, and access billing information.
• Open Innovatie WarmteNet (Open Innovation Heat Network) Open innovation heat network at The Green Village field lab for testing heat innovations in a residential, regulation-light environment, supporting research on heat sources, heat storage, heat network control, and system integration.

Named customers13 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

Feature5 records

Partnerships

21 partnerships are on record, tiered major, core and minor.

• Gemeente Terneuzen / Clavis (housing corporation)majorStrategic or Co-development Partner · 1 January 2026Municipality of Terneuzen and housing corporation Clavis signed an intention agreement with NetVerder for a feasibility study into a collective heat network in Oudelandse Hoeve+ in Terneuzen. The study covers the Oudelandse Hoeve area plus adjacent neighborhoods Katspolder, Driewegen, Oude vaart, and Zuiderpark. Study to conclude end of 2026 with Go/No-Go decision.
• Gemeente Vlaardingen (Municipality of Vlaardingen)majorStrategic or Co-development Partner · 1 January 2025Municipality of Vlaardingen and NetVerder signed an intention declaration to jointly investigate a collective heat supply for the Drevenbuurt neighborhood, using heat from the Vlaardingervaart (surface water source). Feasibility study results expected in 2026. Maximum connection cost for residents set at €6,000 per home.
• Nationale Deelneming Warmte (NDW)coreStrategic or Co-development Partner · 1 January 2024NDW (a subsidiary of EBN / Energie Beheer Nederland) signed an intention agreement with NetVerder and Municipality of Den Haag to establish a Hague heat company. NDW provides investment capital and national expertise. Target is 24,000 connections by 2035, with each of NetVerder, EBN, and municipality holding one-third ownership.
• Warmte Samenwerking Oostland (WSO)coreStrategic or Co-development Partner · 1 January 2024WSO is a cooperation between municipalities Pijnacker-Nootdorp, Lansingerland, Zuidplas, Waddinxveen, and Zoetermeer, plus Glastuinbouw Nederland representing the horticulture sector. WSO aims to develop a regional heat network connecting 1,500 ha of greenhouses and 45,000 homes. NetVerder takes the lead in developing transport pipelines.
• Gemeente Den Haag (Municipality of The Hague)coreStrategic or Co-development Partner · 1 January 2024Municipality of The Hague signed an intention agreement with NetVerder and NDW to establish a Hague heat company. The municipality takes the lead in designating heat areas (kavels), accelerates permitting, and aims to make the city gas-free by 2050. Target: 24,000 connections by 2035.
• Gemeente Waddinxveen / Woonpartners Midden-HollandmajorStrategic or Co-development Partner · 1 January 2024Municipality of Waddinxveen and NetVerder started a feasibility study for a heat network in the Startbuurt GVPH, following a resident survey where over 60% preferred collective heat networks over individual heat pumps. Study links to the broader Oostland regional heat network initiative.
• Provincie Utrecht (Province of Utrecht)majorStrategic or Co-development Partner · 1 January 2024Provincie Utrecht, NetVerder, and EBN are investigating the establishment of a joint public heat support company for the Utrecht province, aimed at providing affordable and sustainable heat to all residents of Utrecht.
• RestwarmteNet Hoek / ZeeuwindmajorStrategic or Co-development Partner · 1 January 2023Residents' association RestwarmteNet Hoek, Zeeuwind (energy cooperative), and NetVerder signed a covenant for the development of a residual heat network in Hoek, using excess heat from the nearby DOW factory. NetVerder expressed intent to collaborate intensively on this project.
• Gemeente Vlissingen / l'escaut (housing corporation)majorStrategic or Co-development Partner · 1 January 2022Municipality of Vlissingen and housing corporation l'escaut are partners in the Warmtenet Vlissingen project for the Panoramabuurt gas-free program. The project received a 4 million euro national government subsidy. Also involves Zeeuwind energy cooperative.
• Coöperatie Duurzame Vruchtenbuurt (Warm in de Wijk)majorStrategic or Co-development Partner · 1 January 2022Coöperatie Duurzame Vruchtenbuurt (operating as 'Warm in de Wijk') is a residents' cooperative driving the development of a heat network in the Vruchtenbuurt, The Hague. NetVerder serves as development partner for the heat distribution network. The project is notable for being a private homeownership neighborhood, requiring extensive resident engagement.
• Gemeente Delft (Municipality of Delft)coreStrategic or Co-development PartnerMunicipality of Delft is a key partner in the Warmtenet Delft project, acting as initiator and coordinator. The municipality provides regulatory support, designates heat areas, and helps accelerate permitting procedures. Wethouder Maaike Zwart is the lead councilor for sustainability.
• DUWO, Stedelink, Vidomes, Woonbron (Housing Corporations)coreStrategic or Co-development PartnerFour social housing corporations (DUWO, Stedelink, Vidomes, Woonbron) are partners in Warmtenet Delft, connecting approximately 6000 rental homes in Voorhof and Buitenhof. Housing corporations make their buildings ready for connection via collective installations and prioritize affordability for tenants.
• Geothermie Delft B.V. (GTD)coreTechnology or IntegrationGeothermie Delft (a joint venture of GAIA Energy, EBN, and TU Delft) operates the geothermal heat source on TU Delft Campus, providing the primary heat supply for Warmtenet Delft. Heat is extracted from deep underground at approximately 75°C and distributed through the network.
• InWarmtecoreTechnology or IntegrationInWarmte is the heat supplier for Warmtenet Delft, delivering heat from Geothermie Delft's geothermal source to connected buildings through NetVerder's heat network infrastructure.
• Visser & Smit Hanab Pipelines & Industry (Hanab BV)majorImplementation/ SI/ Consulting PartnerHanab BV (part of VolkerWessels) is the contractor for the development and construction of Warmtenet Delft in Voorhof and Buitenhof. Contract signed October 2023. Hanab started construction work in January 2025.
• Alliander / FiranminorStrategic or Co-development PartnerAlliander (via its subsidiary Firan) co-developed the Open Innovatie WarmteNet on The Green Village and contributes to the national rollout of heat networks alongside NetVerder (Stedin Groep) and Enpuls Warmte Infra (Enexis Groep).
• Enexis Groep / Enpuls Warmte InframinorStrategic or Co-development PartnerEnexis Groep (via Enpuls Warmte Infra) co-developed the Open Innovatie WarmteNet on The Green Village and collaborates with NetVerder (Stedin Groep) and Firan (Alliander) on national heat network initiatives.
• A.HakmajorImplementation/ SI/ Consulting PartnerA.Hak is the Dutch contractor responsible for constructing the expansion of the Botlek Steam Network. The expansion is expected to be completed by early 2026.
• Havenbedrijf Rotterdam (Port of Rotterdam Authority)majorStrategic or Co-development PartnerHavenbedrijf Rotterdam acted as initiator and connector of partners in the Botlek Steam Network. The port authority facilitates industrial steam exchange in the Rotterdam-Botlek industrial area.
• DNWG WarmtecoreTechnology or IntegrationDNWG Warmte (operating under NetVerder) manages the WKO system in the Ouverture neighborhood of Goes since 2022, providing sustainable heating and cooling to residents. DNWG Warmte is a public heat company with no profit motive.
• The Green Village (TU Delft Fieldlab)minorStrategic or Co-development PartnerThe Green Village is an inhabited and regulation-light field lab for sustainable innovation at TU Delft. NetVerder installed and manages an open innovation heat network there, enabling companies to test heat technologies in a real environment. The site also has electricity and hydrogen networks for integrated network management research.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Vattenfall Warmte: Large European utility operating extensive district heating networks in the Netherlands (including Amsterdam) and other countries. Comparable as a much larger established district heating operator with overlapping customer base in the Dutch residential heat market.
• Fortum: Nordic energy company with major district heating operations, including recent acquisition of German municipal heat networks. Comparable as a broad incumbent in collective residential and industrial heating with overlapping renewable and residual-heat strategies.
• ENGIE Solutions: Global energy and district heating operator with European heat network portfolios and industrial energy services. Comparable as a broad incumbent offering similar collective heat and industrial steam/heat services across European markets, though with much larger scale.
• Eneco: Major Dutch energy company with significant district heating operations (e.g., in Rotterdam and Utrecht) and heat pump businesses. Comparable as a broad incumbent competing for municipal heat-network designations and residential heating customers across the Netherlands.

Others

• Copenhagen Infrastructure Partners (CIP): Infrastructure fund manager with thermal-energy and district-heating investments across Northern Europe. Comparable as a capital partner and co-developer in the same European heat-network infrastructure asset class rather than as a direct operating competitor.

Regional players

• Statkraft Varme: Norwegian district heating subsidiary of Statkraft focused on developing low-temperature heat networks using geothermal, sea-water, and waste-heat sources. Comparable as a regional Nordic operator using similar heat-source strategies (geothermal, residual heat) for residential networks.
• MVV Energie: German municipal utility operating extensive district heating networks in Mannheim and other German cities. Comparable as a regional public-utility-style operator developing low-temperature and geothermal-based heat networks, though primarily serving Germany rather than the Netherlands.

Direct peers

• Firan (Alliander): Heat network subsidiary of Dutch grid operator Alliander, focused on developing collective heat solutions for municipalities. Directly comparable as the third Dutch grid-operator-owned heat infrastructure business pursuing the same aardgasvrij opportunity.
• HVC: Dutch waste and energy company operating district heating networks across multiple municipalities. Comparable as a Dutch public-utility-style operator combining residual heat, biomass, and waste heat sources into collective heating networks for residential and commercial customers.
• Enpuls Warmte Infra (Enexis Groep): Subsidiary of Dutch grid operator Enexis Groep developing and operating district heating networks across the Netherlands. Direct structural peer as the other major regional grid operator-owned heat network developer, explicitly co-developing the Open Innovatie WarmteNet with NetVerder.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/netverder

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

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 NetVerder