engie złotów sp. z o.o.

What engie złotów sp. z o.o. does

ENGIE Złotów Sp. z o.o. is a vertically integrated district heating utility serving the town of Złotów in the Greater Poland region. The company produces, transmits, and distributes thermal energy to approximately 60% of the city's residents, municipal institutions, housing cooperatives, commercial premises, and industrial customers, using 450+ heat substations connected to 20+ km of high-parameter and 1,100 m of low-parameter network. Total installed capacity is 25.1 MW, comprising a 17 MW biomass-fired plant (KR-1) and an 8.1 MW gas boiler station, both fully commissioned in 2025 as part of a decarbonization program that brought renewable sources to 25.8% of 2025 production (212,647 GJ). Heat tariffs are set by the Polish energy regulator (URE) under a multi-year heat concession, with the most recent tariff approved on July 21, 2026 and effective August 15, 2026. The company is 85% owned by ENGIE EC Słupsk (part of the ENGIE group, following acquisition from Cofely in December 2013) and 15% by the Municipality of Złotów (Gmina Miasto Złotów). The registered share capital is 10,500,000 PLN.

The business model is a regulated municipal utility franchise: revenue is generated primarily through the sale of heat billed by gigajoule (GJ) to customers across residential, institutional, commercial, and industrial groups at regulator-approved tariffs, supplemented by ancillary services such as heating network construction, substation maintenance, and equipment rental. The company also offers co-financing arrangements to encourage new buildings to connect to the network, and participates in a national heat price compensation scheme that shields vulnerable households from price increases. With a small asset base, a single-city franchise, and a regulated price-setting process, ENGIE Złotów functions as a stable, capex-mature utility whose 2025–2026 strategic agenda centers on post-decarbonization cost recovery, tariff adjustment, and the planned introduction of a heat storage facility in 2026 to support higher renewable penetration.

Name

engie złotów sp. z o.o.

Legal name

ENGIE Złotów Spółka z ograniczoną odpowiedzialnością

Website

https://engie-zlotow.pl

Company type

Private

Founded year

1976

Operating status

Operating

Ownership category

akta.pro rank

Product category

District Heating Services

NAICS

Steam and Air-Conditioning Supply (221330)

SIC

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

akta.pro primary industry

Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI)

akta.pro secondary industries

Thermal Power Plant O&M (Coal, Gas, Oil) (EUAEAGAA), Chillers, Boilers & Central Plant Operations (BPABACAG)

Keywords

• District heating services
• Thermal energy supply
• Heat distribution network
• Biomass heat production
• Municipal district heating

Headquarters

HQ city

Złotów

HQ country

Poland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. District heating supply (dostawa energii cieplnej): Regulated heat supply to customers based on URE-approved tariffs. Revenue consists of fixed charges for ordered thermal power (cena za moc zamówioną) and variable charges for heat consumption (cena ciepła). Customers are divided into tariff groups (A, B, C, E, F for standard billing; BC, CC, EC, FC for heat-only billing). The company supplies approximately 60% of Złotów's residents and most municipal institutions.
2. Heat substation maintenance services (konserwacja węzłów cieplnych): Maintenance services for heat substations where ENGIE Złotów takes responsibility for maintaining equipment in proper technical condition, providing professional service, continuous control, and rapid response to problems. The company also performs ad-hoc maintenance and repair works.
3. Construction and assembly services (prace budowlano-montażowe): Construction services for district heating networks and connections, and fabrication and installation of heat substations related to district heating infrastructure.
4. Rental services (wynajem powierzchni): Rental of chimney surfaces for installation of relay and transmission equipment, as well as rental of premises, land, and equipment.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

ENGIE Złotów Sp. z o.o. is a regulated district heating utility that produces, transmits, and distributes thermal energy to residential households, housing cooperatives, municipal institutions, commercial businesses, and select industrial customers in Złotów, Poland. Heat is generated from wood biomass boilers (primary renewable fuel) and natural gas boilers (backup/peak), then distributed through a 20+ km pre-insulated district heating network to over 450 heat substations. The company also provides heat substation maintenance, construction services, grid connection services with co-financing, and 24/7 technical emergency support.

Product overview

ENGIE Złotów Sp. z o.o. is a district heating company operating as part of the ENGIE Group, providing a unified portfolio of thermal energy services. The core offering is heat supply (dostawa energii cieplnej) supported by integrated heat generation (biomass and gas-fired boilers at KR-1 and Kotłownia Gazowa facilities) and transmission/distribution via a 20+ km district heating network serving over 450 heat nodes. The product suite includes complementary services: heat node maintenance, construction and assembly services for heating infrastructure, chimney/premises/land/equipment rental, grid connection services with co-financing options, and 24/7 technical emergency services. The company completed a 2023-2025 decarbonization program replacing coal with wood biomass (renewable energy) and natural gas.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 25.8% of heat production from renewable sources (certified wood biomass) in 2025, meeting energy-efficient system criteria
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• ENGIE Group (Global)coreStrategic or Co-development Partner · 1 December 2013ENGIE Złotów became part of the ENGIE capital group in December 2013. The global ENGIE group operates in nearly 70 countries with ~155,000 employees. Company benefits from group resources, expertise, best practices, and financing capabilities. Since September 27, 2016 operates under the ENGIE brand.

Scale indicators14 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ENGIE EC Słupsk Sp. z o.o. Parent company and 85% shareholder; operates a similar regulated district heating business in Słupsk under the same ENGIE Polska platform with URE-approved tariffs and biomass/gas heat generation. Most directly comparable on business model, regulatory regime, and ownership structure.
• Ciepłownictwo i Energetyka (Veolia group subsidiaries): Network of Veolia-owned municipal district heating companies in smaller Polish cities; comparable in size, customer mix (residential + municipal), URE-regulated tariffs, and biomass/gas transition profile — making them the closest size-matched peer group.
• PEC (Przedsiębiorstwo Energetyki Cieplnej) municipal operators: Typical small Polish municipal district heating utilities serving single cities under URE concessions with biomass/gas heat generation; highly comparable on scale (~25 MW capacity, single concession area) and customer mix, though most remain municipally owned rather than part of an international group.

Broad incumbents

• Veolia Energia Polska (Dalkia Polska): Operates multiple district heating systems across Polish cities under URE-regulated tariffs, with a comparable mix of heat generation, transmission, and customer service offerings. Broader portfolio than ENGIE Złotów but the closest large incumbent district-heating operator in Poland.
• PGE Energia Ciepła S.A. Largest district heating operator in Poland, part of the PGE Group, supplying heat to multiple cities from CHP and heat-only plants. Comparable in regulated heat generation/distribution but with national scale and a different fuel mix (significant coal + biomass co-firing).
• Tauron Ciepło sp. z o.o. District heating arm of the Tauron Group serving several Polish municipalities; comparable in regulated heat supply, URE tariff structure, and biomass/gas transition pathways, though operating at much larger scale.
• EDF Polska (heating operations): Part of EDF Group, operates district heating in selected Polish cities with comparable heat generation, distribution and URE-regulated tariff business model; broader corporate group but directly comparable on end-customer service offerings.

Regional players

• Fortum Poland: Operates district heating and CHP plants in Polish cities, with parallel decarbonization programs around biomass and heat pumps; comparable in scope of services (heat generation, transmission, customer service) and Polish regulatory regime.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 engie złotów sp. z o.o.