Yeager Energy

Name

Yeager Energy

Legal name

Yeager Energy B.V.

Website

https://yeager-energy.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Geothermal Energy Services

NAICS

Steam and Air-Conditioning Supply (221330), Steam and Air-Conditioning Supply (22133)

SIC

Cogeneration Services & Small Power Producers (4991), Steam & Air-Conditioning Supply (4961)

akta.pro primary industry

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

akta.pro secondary industries

Geothermal Power Generation Operations & Maintenance (Plant O&M, Performance Optimization) (EUAMAEAF), Geothermal Drilling & Well Construction (Production/Injection, Directional, Well Services) (EUAMAEAB)

Keywords

• Geothermal energy production
• District heating networks
• Deep geothermal systems
• Renewable heat supply
• Greenhouse energy solutions

Headquarters

HQ city

Leiden

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Others

Revenue model

1. Heat Sales through District Heating Networks: Revenue generated from supplying geothermal heat to customers through district heating networks. Heat is sold to greenhouse horticulture companies, residential buildings, commercial properties, and light industry. Prices are regulated by the Netherlands Authority for Consumers Market (ACM) under the NMDA (Not More Than Otherwise) principle.
2. Geothermal Project Development: Development and operation of geothermal energy systems and associated district heating infrastructure. May include SDE++ (Stimulering Duurzame Energietransitie) subsidies for project viability.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Yeager Energy develops and operates deep geothermal energy systems and district heating networks in the Netherlands. The company produces renewable heat from underground aquifers using geothermal doublet wells and distributes that heat through underground pipelines to greenhouse horticulture, residential, and commercial/industrial customers under regulated heat tariffs.

Product overview

Yeager Energy is a Dutch geothermal energy company founded in 2018, operating as an integrated geothermal energy producer and district heating network developer and operator. The company's core offering consists of deep geothermal energy production (extracting hot formation water from 1,500–4,000 meters depth) and the development and management of district heating networks that deliver sustainable heat from source to end customer. The product portfolio includes one operational asset (Bergschenhoek, ~20 MWth, operational since 2018), four development projects (Oude Rijn, Aardwarmte Delfland, Nissewaard, Purmerend 3), and a smart grid heat and cold network platform. Following 2025 acquisitions (Aardwarmte Vogelaer and Wayland Energy), the company now holds two additional producing assets and up to 10 development projects, significantly expanding its operational base alongside its existing four licenses in the Netherlands.

Differentiator

Problem solved

Functional benefit

Products and services

• Bergschenhoek Geothermal Heat Plant Deep geothermal doublet producing approximately 20 MWth of renewable heat, supplying district heating customers in the Netherlands. Yeager Energy's first operational asset, online since 2018.
• Oude Rijn Geothermal Project Exploration-stage deep geothermal project under Yeager Energy's Oude Rijn exploration license in the Netherlands, intended to produce renewable heat for district heating customers.
• Aardwarmte Delfland Geothermal Project Deep geothermal exploration project under Yeager Energy's Aardwarmte Delfland license in the Netherlands, targeting production of renewable heat for district heating.
• Nissewaard Geothermal Project Deep geothermal exploration project under Yeager Energy's Nissewaard license in the Netherlands, intended to produce renewable heat for district heating customers.
• Purmerend 3 Geothermal Project Deep geothermal exploration project under Yeager Energy's Purmerend 3 license in the Netherlands, intended to produce renewable heat for district heating.
• Warmtebedrijf Westland District Heating Operations District heating operations acquired by Yeager Energy in 2021, supplying renewable heat to Dutch customers including residential and greenhouse horticulture users.
• Aardwarmte Vogelaer District Heating Operations District heating operations acquired by Yeager Energy in 2025, supplying renewable heat to Dutch customers including residential and commercial/industrial users.
• Wayland Energy District Heating Operations District heating operations acquired by Yeager Energy in 2025, supplying renewable heat to Dutch customers.

Quantifiable outcome

• 88% CO2 emission reduction compared to natural gas for existing geothermal systems in the Netherlands
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

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

• EnerTranscoreStrategic or Co-development Partner · 20 October 2020Strategic partnership combining EnerTrans' district heating network development and operating expertise with Yeager Energy's subsurface energy and project management expertise. Jointly developing complete heat supply chain from source to sales. EnerTrans operates with sister companies Energy Engineering Solutions (EES) Holland B.V. and Nijkamp Energiedistributie B.V.
• Huisman GeocoreStrategic or Co-development Partner · 21 April 2020Collaboration in geothermal energy development in the Nissewaard license area. Huisman Geo focuses on geothermal energy market with Huisman-manufactured drilling rigs. Goal to decrease investment and operating costs to enable large portfolio geothermal projects.
• Harting HollandcoreStrategic or Co-development PartnerPartnership in Aardwarmte Delfland project. Harting Holland works with Yeager Energy as operator to develop, produce, and supply renewable heat in the Westland area. Original partnership included A. De Bruijn & Zn and Shell Geothermal who secured SDE++ subsidy.
• Stadsverwarming Purmerend (SVP)majorChannel Partner/ Reseller/ DistributorCollaboration to integrate geothermal heat into Purmerend's existing district heating network. SVP operates a network with approximately 27,000 connections currently powered by biomass and natural gas, seeking to add geothermal sources for further decarbonization.
• AgroEnergymajorStrategic or Co-development PartnerPartnership in Bergschenhoek geothermal installation to supply sustainable heat to greenhouse horticulture companies in the region. AgroEnergy provides energy services to the agricultural sector.
• Shell GeothermalminorStrategic or Co-development PartnerOriginal partner in Aardwarmte Delfland project collaboration that secured SDE++ subsidy. The partnership has been reduced to Yeager Energy as operator and Harting Holland.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Aardwarmte Den Haag: Aardwarmte Den Haag is developing deep geothermal heat for The Hague region residential and commercial heat demand. Directly comparable to Yeager on Dutch regulatory framework, deep geothermal technology, and integration with urban district heating networks for residential customers.
• Energie Combinatie Wieringermeer (ECW): ECW Geothermie operates deep geothermal installations in the Wieringermeer polder (North Holland), serving greenhouse horticulture and agricultural customers. Comparable to Yeager on technology (deep geothermal, closed-loop production/injection), target market (Dutch greenhouse horticulture), and business model (heat sales via district-style networks).
• Mijnwater BV: Mijnwater operates deep geothermal direct-use systems in Heerlen (Limburg, Netherlands), supplying heat (and cold) to buildings and district heating networks. It is one of the longest-running Dutch geothermal direct-use projects and directly comparable in technology, customer segments (residential, commercial), and regulatory framework (Dutch Mining Law, SodM).
• Trias Westland: Trias Westland is a Dutch geothermal direct-use project in the Westland greenhouse region, developing deep geothermal heat for greenhouse horticulture. It is the most direct comparable to Yeager Energy, operating in the same region with the same target customer base (Dutch glasshouse growers) and serving district heating networks for greenhouse clusters.

Broad incumbents

• Enel Green Power: Enel Green Power operates the world's largest geothermal power portfolio, primarily in Italy (Larderello, Mt. Amiata), with deep experience in drilling, plant operations, and reservoir engineering. Comparable as a broad incumbent with deep geothermal expertise, though focused on electric power generation rather than Yeager's direct-use heat model.
• Vattenfall (Geothermal / Heat operations): Vattenfall operates geothermal district heating in Germany (e.g., Berlin-area projects) as part of a broader European heat and power utility portfolio. Comparable as a scaled incumbent with deep geothermal direct-use and integrated district heating operations, though operating across multiple countries and technologies rather than specializing in geothermal alone.
• Stadtwerke München (Munich Stadtwerke / SWM): Stadtwerke München operates one of Europe's largest geothermal district heating systems in Munich (Riem, Freiham, Sendling) plus hydro/geothermal generation. A broader incumbent with deep geothermal direct-use expertise that demonstrates scaled-up district heating integration comparable to Yeager's end-state ambitions across multiple projects.

Emerging players

• Eavor Technologies: Eavor Technologies is a Canadian-headquartered emerging geothermal developer commercializing closed-loop geothermal technology for heat and power. Comparable as an emerging player targeting scalable deep geothermal, with a different technical approach (closed-loop wells) but similar end-customer focus on heat decarbonization at scale.

Others

• Eneco (District Heating): Eneco is a major Dutch energy company with significant district heating operations and renewable heat investments. Comparable as an adjacent/ecosystem player that is both a potential customer/partner and competitor for geothermal heat offtake and district heating integration in the Netherlands, but Eneco is not a specialist geothermal developer.
• Huisman Geo: Huisman Geo is Huisman's geothermal division focused on drilling technology for the geothermal market, including Huisman-manufactured drilling rigs. Listed as a strategic partner of Yeager for Nissewaard cost reduction, it is an adjacent ecosystem player (drilling equipment/technology provider) rather than a direct heat producer competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/yeagerenergy

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Yeager Energy