When was innogy founded?

innogy was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is innogy located?

innogy is headquartered in Essen, Germany.

How many employees does innogy have?

As of Sep 30, 2026, the latest employee count at innogy is 7867.

Is innogy a funded company?

innogy is a funded company, having raised an undisclosed amount across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Sep 01, 2014.

When was the latest funding round of innogy?

innogy's latest funding was a $***** Grant (prize money) round on Feb 01, 2020, with participation from 1 investor.

Where does innogy rank among its competitors?

innogy ranks 7th amongst 56 active competitors, none of which are funded.

Who are the top competitors of innogy?

innogy's top competitors include Acciona Energy, BayWa re and Blue Elephant Energy. Among them, Sunotec secured the most recent funding round in April, 2026.

innogy - 2026 Company Profile, Funding & Competitors

Q: Is innogy an acquired company?

innogy got acquired by E.ON on Mar 11, 2018.

Company Details

innogy is a European utility company specialized in the generation, transmission, and distribution of electric power and gas to commercial and residential clients. Erects, owns, and operates utility-scale onshore and offshore wind farms for the generation and distribution of renewable energy. With more than 630MWh gas and 200MWh power annual supply portfolio to the customers, it is claimed to be one of the largest producers of renewable electricity in the European market.

Website: innogy.com
Social
Email ID: *****@innogy.com
Phone Number: +49 **********
Part Of

Key Metrics

Founded Year

2016

Location

Essen, Germany

Stage

Acquired

Latest Funding Round

Grant (prize money), Feb 01, 2020, $*****

Investors

Europa

Ranked

7^th among 56 active competitors

Employee Count

7,867 as on Sep 30, 2026

Investment & Acquisitions

Waycare & 10 more

Similar Companies

NextEra Energy & 283 more

Exit Details

Acquired by E.ON (Mar 11, 2018)

View innogy's full profile

innogy is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
E.ON ENERGIE DEUTSCHLAND GmbH CIN: 0755.889.623 , Belgium, Active	Oct 01, 2020	-	-	-
E.ON Energie Deutschland GmbH CIN: HRB209327 , Germany, Active	Dec 31, 2015	-	-

innogy got acquired by E.ON on Mar 11, 2018 at an acquisition amount of $*****.

Click here to take a look at innogy's acquisition in detail

innogy has raised funding over 4 rounds. Its first funding round was on Sep 01, 2014. Its latest funding round was a Grant (prize money) round on Feb 01, 2020 for $*****. 1 investor participated in its latest round. innogy has 1 institutional investor.

Here is the list of recent funding rounds of innogy:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2020	4654752	Grant (prize money)	6107964	7057188	3534981	3954382
Sep 01, 2019	1763565	Grant (prize money)	9707629	2872979	1601177	Europa
Nov 01, 2017	6644705	Grant (prize money)	4105004	6863094	7409758	Europa

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View details of innogy's funding rounds and investors

innogy's employee count trend

innogy has 7,867 employees as of Sep 26. Here is innogy's employee count trend over the years:

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Top competitors of innogy include Acciona Energy, BayWa re and Blue Elephant Energy. Here is the list of Top 10 competitors of innogy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Acciona Energy 1997, Madrid (Spain), Public	Provider of renewable energy solutions	$567M	KKR, Triodos Investment Management & 3 others	73/100
2nd	BayWa re 2009, Munich (Germany), Acquired	Developer & distributor of renewable energy	-	Energy Infrastructure Partners, Migdal Group ... & 2 others	68/100
3rd	Blue Elephant Energy 2016, Hamburg (Germany), Acquired	Power producer in the solar and wind sector	$303M	Infranity	62/100
4th	RWE 1898, Essen (Germany), Public	Provider of renewable and conventional energy solutions	-	Bundesministerium fur Wirtschaft und Klimaschutz, Qatar Investment Authority ... & 7 others	58/100
5th	ENCAVIS 2017, Hamburg (Germany), Acquired	Independent power producer from renewable energy resources	-	Viessmann	56/100
6th	TerraForm Power 2014, New York City (United States), Acquired	Leading renewable energy provider with wind, solar, and storage assets	$335M	Capricorn	56/100
7th	innogy 2016, Essen (Germany), Acquired	Operator, producer, and distributor of power and gas	-	Europa	50/100
8th	Westfalen WIND 2009, Paderborn (Germany), Unfunded	Developer of solar and wind power projects	-	-	43/100
9th	7C Solarparken 2008, Bayreuth (Germany), Public	Independent power producer	-	-	41/100
10th	Sunotec 2012, Munchen (Germany), Late Stage	Provider of engineering, procurement, construction, operations, maintenance, and re-powering services	-	Blackstone	41/100

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innogy has made 8 investments in companies including Waycare and BeeRides. innogy has also acquired 3 companies including BTCPower and EverPower.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 03, 2019	Investments	Waycare	2016	Tel Aviv (Israel)
Jul 02, 2018	Acquisition	BTCPower	1999	Santa Ana (United States)
Feb 22, 2018	Investments	BeeRides	2014	Budapest (Hungary)