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Eneco - About the company

Eneco is an acquired company based in Rotterdam (Netherlands), founded in 1995. It operates as a Provider of electricity and gas for residential and business consumers. Eneco has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 2402 active competitors, including 78 funded and 580 that have exited. Its top competitors include companies like Iberdrola, Saudi Electricity and Enel.

Company Details

Provider of electricity and gas for residential and business consumers. This entity supplies energy generated from renewable sources to households and commercial entities. Services include the installation and maintenance of heating equipment such as heat pumps and boilers. Digital tools are provided to monitor energy consumption and manage billing accounts. The business facilitates the transition to sustainable heating systems and supports infrastructure for electric vehicle charging.
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Registered Address
Rivium Quadrant 75, 2909 LC CAPELLE AAN DEN IJSSEL
Key Metrics
Founded Year
1995
Location
Rotterdam, Netherlands
Stage
Acquired
Last Known Valuation
$***** as on Nov 25, 2019
Investors
Ranked
Employee Count
3,457 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Mitsubishi Corporation (Nov 25, 2019)

Eneco's acquisition details

Eneco got acquired by Mitsubishi Corporation and Chubu Electric Power on Nov 25, 2019 at an acquisition amount of $*****.
Click here to take a look at Eneco's acquisition in detail
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Eneco's funding and investors

Eneco has raised funding over 4 rounds. Its first funding round was on 2015. Its latest funding round was a Grant (prize money) round on Oct 01, 2017 for $*****. 1 investor participated in its latest round. Eneco has 1 institutional investor.

Here is the list of recent funding rounds of Eneco:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 01, 2017
5332939
Grant (prize money)
4982037
9239583
1784741
1575011
Jan 01, 2017
8172593
Grant (prize money)
6224536
9603467
9592292
Nov 01, 2016
6618239
Grant (prize money)
7356297
7790959
4456567
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Eneco's founders and board of directors

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Eneco's employee count trend

Eneco has 3,457 employees as of Apr 26. Here is Eneco's employee count trend over the years:
Employee count trend for Eneco
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Eneco's Competitors and alternates

Top competitors of Eneco include Iberdrola, Saudi Electricity and Enel. Here is the list of Top 10 competitors of Eneco, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Iberdrola
Iberdrola
1992, Bilbao (Spain), Public
Provider of integrated solutions and services for energy generation and sustainable development.
-
76/100
2nd
Logo for Saudi Electricity
Saudi Electricity
2000, Riyadh (Saudi Arabia), Public
Electric power generator and distributor
-
73/100
3rd
Logo for Enel
Enel
1996, Rome (Italy), Public
Manufacturer and distributor of electricity and gas
-
72/100
4th
Logo for Vattenfall
Vattenfall
1909, Stockholm (Sweden), Funding Raised
Producer of heat and power generating services
-
71/100
5th
Logo for Fortum
Fortum
1998, Espoo (Finland), Public
Provider of clean energy solutions
-
70/100
6th
Logo for PLN
PLN
1945, Jakarta (Indonesia), Funding Raised
Operator of electricity utilites
-
70/100
7th
Logo for Origin Energy
Origin Energy
2000, Sydney (Australia), Public
Energy corporation
-
69/100
8th
Logo for Copel
Copel
1954, Curitiba (Brazil), Public
Power generation, transmission, and distribution company
-
-
69/100
9th
Logo for FirstEnergy Corp
FirstEnergy Corp
1997, Akron (United States), Public
Provider of electricity production and distribution services
-
69/100
10th
Logo for Georgia Power
Georgia Power
1883, Atlanta (United States), Public
Electric utility company
-
68/100
22nd
Logo for Eneco
Eneco
1995, Rotterdam (Netherlands), Acquired
Provider of electricity and gas for residential and business consumers
-
66/100
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Eneco's Investments and acquisitions

Eneco has made 22 investments in companies including suena and Ostrom. Eneco has also acquired 5 companies including Hekla and chargeIT.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jun 16, 2026
Acquisition
Sep 17, 2025
Investments
2021
Hamburg (Germany)
Jun 19, 2025
Investments
2020
Berlin (Germany)
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See all investments and acquisitions by Eneco

News related to Eneco

lockFilter this list
Media has covered Eneco for a total of 19 events in the last 1 year, 10 of them have been about company updates and 3 about partnerships.
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FAQs about Eneco

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