Belgian Renewable Energy Group

What Belgian Renewable Energy Group does

Belgian Renewable Energy Group (BREG), legally Belgian Renewable Energy Group B.V., is a privately held renewable energy developer founded in 2020 in Rotselaar, Belgium, by Johan Vos following the 2018 divestiture of his previous company WindVision's European branch to BlackRock. The company develops, finances, builds, and operates large-scale wind, solar PV, and battery energy storage projects, with active operations in Belgium and the United States (Tustin, California) and a 736.4 MW development pipeline including the 225 MW Sepanta Solar project in Texas and the 10.5 MW San Francisco Bay Solar project. Its core technology is utility-scale renewable energy project development and integration spanning community-scale to utility-scale installations, with grid-connected and behind-the-meter solar configurations, large-scale battery storage for grid balancing, and onshore wind turbines.

BREG differentiates through a niche specialization in developing renewable energy projects on environmentally impacted sites (landfills, brownfields, Superfund sites) via its core partnership with PV Navigator, which supplies environmental remediation expertise that most generalist developers lack. Its full lifecycle service stack covers financing (via a network of investors and financial institutions), development (site analysis, permitting, design), construction (via certified EPC contractors), and operations & maintenance (preventive maintenance, monitoring, decommissioning). A wholly-owned subsidiary, aquaBREG, extends the platform into compact water treatment solutions powered by renewable energy and housed in deployable sea containers.

The business model generates revenue through project development fees, equity participation in completed projects, long-term Power Purchase Agreements (PPAs) of 10, 15, or 20 years with energy off-takers, land lease arrangements with landowners, and ongoing O&M services. Customer segments include landowners (land leasing), environmentally impacted site owners (remediation and repurposing), corporate and industrial energy off-takers (PPAs), and energy communities. Go-to-market is direct enterprise field sales with quote-based pricing on bespoke projects, supplemented by partner referrals and a corporate website with lead-capture contact forms.

Name

Belgian Renewable Energy Group

Legal name

Belgian Renewable Energy Group B.V.

Website

https://breg.group

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Belgian Renewable Energy Group develops, finances, builds, and operates utility-scale wind, solar PV, and battery storage projects across the US and EU, serving landowners, energy off-takers, energy communities, and owners of environmentally impacted sites via long-term PPAs and a niche brownfield remediation partnership with PV Navigator.

Ownership category

akta.pro rank

Product category

Renewable Energy Project Development

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111), Water Supply and Irrigation Systems (22131)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)

akta.pro secondary industries

Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), BESS O&M and Lifecycle Services (Warranty, Spares, Monitoring) (EUAEAEAM), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

Keywords

• Utility-scale solar development
• Onshore wind energy
• Battery energy storage
• Renewable project development
• Power purchase agreements

Headquarters

HQ city

Rotselaar

HQ country

Belgium

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Renewable Energy Project Development: BREG develops large-scale solar and wind projects, managing the full project lifecycle from site analysis through construction and commissioning. Revenue is generated through project development fees, equity participation in completed projects, and long-term Power Purchase Agreement (PPA) arrangements with energy off-takers.
2. Land Lease Arrangements: Revenue generated through land lease agreements with landowners for hosting solar farms, wind turbines, or battery storage installations, providing stable long-term income to property owners.
3. Operations and Maintenance Services: Ongoing O&M services for renewable energy assets including preventive maintenance, continuous monitoring, and performance optimization to maximize energy production.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

BREG develops, finances, builds, and operates large-scale wind, solar PV, and battery energy storage projects. The company delivers full-lifecycle services from site analysis and permitting through construction and ongoing O&M, targeting utility-scale installations of 10 MW or more. It also operates aquaBREG, a sub-brand providing renewable-powered containerized water treatment solutions.

Product overview

Belgian Renewable Energy Group (BREG) operates as a global developer, builder, and operator of renewable energy solutions spanning wind (onshore turbines, wind farms), solar (utility-scale solar farms from 10 MW+), and battery storage systems. The company offers integrated project services including financing, development, construction, and operations & maintenance. BREG serves diverse client segments: landowners (land leasing for energy projects), owners of environmentally impacted sites (brownfields, landfills, Superfund sites through partnership with PV Navigator), energy off-takers (via PPAs), and energy communities. The subsidiary aquaBREG provides water purification solutions powered by renewable energy. Solar solutions include both grid-connected (via PPAs) and behind-the-meter configurations, while wind offerings focus on large onshore installations.

Differentiator

Problem solved

Functional benefit

Brands

• aquaBREG: Compact Water Treatment Solutions – Powered by Renewable Energy. Solutions are housed within deployable sea containers worldwide, unlocking a new era in water purification.

Products and services

• Solar Solutions Large-scale solar farm development and conversion of land into photovoltaic solar energy installations, ranging from community-scale to utility-scale projects with minimum 10 MW capacity, delivered to landowners, energy off-takers, and energy communities.
• Wind Solutions Development of large wind farms, wind turbines, and onshore turbines for utility-scale renewable energy generation, delivered to landowners, energy off-takers, and energy communities.
• Storage Large-scale battery energy storage solutions integrated with solar and wind projects to maintain grid balance, ensure uninterrupted energy flow, reduce energy costs, and enhance sustainable contribution.
• aquaBREG

Quantifiable outcome

• Sepanta Solar project generates 465 GWh annually, powering 42,000 households and offsetting 323,000 tons of CO2 per year
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• PV NavigatorcoreStrategic or Co-development PartnerBREG operates in close partnership with PV Navigator to develop renewable energy projects on environmentally impacted sites including landfills, brownfields, and Superfund sites. PV Navigator brings specialized environmental expertise for site remediation and transformation, while BREG provides project development, financing, construction, and operational capabilities. This partnership enables BREG to offer niche expertise in the remediation and conversion of contaminated sites into renewable energy hubs.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• EDP Renewables: One of the largest global renewable energy developers (subsidiary of EDP), with significant wind, solar, and storage capacity across Europe and North America. Comparable as a broader incumbent in the same utility-scale renewable development space.
• Iberdrola Renewables: Major global utility with one of the world's largest renewable energy portfolios, including onshore wind and solar PV. Operates as a broad incumbent in the same utility-scale renewable development space as BREG.
• EDF Renewables: Global renewable energy developer and IPP with utility-scale wind, solar, and storage projects across Europe, North America, and emerging markets. Represents a much larger incumbent in the same development and PPA-driven model.
• Clearway Energy Group: US-based owner and operator of renewable energy and conventional generation assets, with significant utility-scale solar and wind capacity. Comparable as a renewable IPP with utility-scale solar and storage focus.

Direct peers

• Recurrent Energy: A utility-scale solar and energy storage developer (subsidiary of Canadian Solar) that develops, finances, builds, and operates projects globally. Highly comparable to BREG's integrated solar+storage development model with utility-scale focus.
• Apex Clean Energy: US-based independent renewable energy developer focused on utility-scale wind, solar, and storage projects. Comparable to BREG's full-lifecycle development and PPA-driven model across multiple renewable technologies.
• Innergex Renewable Energy: Canadian independent renewable energy producer that develops, owns, and operates hydroelectric, wind, and solar facilities with long-term PPAs. Comparable integrated renewable IPP model, though with a more mature asset base.
• ib vogt: German-headquartered utility-scale solar developer and EPC with global operations. Comparable to BREG's solar development focus and integrated project delivery model, though with significantly larger scale.
• Sonnedix: Global renewable energy producer with a portfolio of solar PV plants across multiple geographies. Develops, builds, and operates utility-scale solar projects with long-term PPAs, mirroring BREG's full-lifecycle approach.

Emerging players

• CNENERGY/Lineage Energy: Emerging European renewable energy developers focused on utility-scale solar and storage. Comparable segment focus to BREG though typically operating at a smaller scale in similar geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/BREG-Belgian-Renewable-Energy-Group-111180203763755
• LinkedInlinkedin.com/company/belgian-renewable-energy-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Belgian Renewable Energy Group