Energinet

Fredericia, Denmark Founded: 2005 • Age: 21 yrs
Wind energy and transmission utility projects are developed by Energinet.
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About Energinet

Energinet is a company based in Fredericia (Denmark) founded in 2005.. The company has 1,132 employees as of November 30, 2024. Energinet operates in a competitive market with competitors including FairWind, European Energy, Scanel, Copenhagen Energy and A2sea, among others.

  • Headquarter Fredericia, Denmark
  • Employees 1132 as on 30 Nov, 2024
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name The Energy Grid
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $683.51 M (USD)
    -36
    as on Jun 30, 2022
  • Net Profit
    $51.24 M (USD)
    -22
    as on Jun 30, 2022
  • EBITDA
    $-84.43 M (USD)
    63
    as on Jun 30, 2022
  • Latest Funding Round
    $3.93 M (USD), Grant

    Jun 01, 2020

  • Investors
  • Employee Count
    1132

    as on Nov 30, 2024

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People of Energinet
Headcount 500-1000
Employee Profiles 45
Board Members and Advisors 9
Employee Profiles
People
Flemming Brinch Nielsen
Chefingeniør - Netregler Og Tilslutning/ Chief Engineer - Grid Codes And Connection
People
Torben Thyregod
CFO
People
Anru Narenthirarajah
IT project manager & Product Owner
People
Bo Bentsen
Rettighedskonsulent

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Board Members and Advisors
people
Mogens Lykketoft
Chairman
people
Berit Schilling
Director
people
Marianne Sørensen
Director
people
Dorte Kamper
Director

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Funding Insights of Energinet

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $3.9M
  • First Round

    (26 Apr 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Grant - Energinet Valuation

investors

Apr, 2018 Amount Grant - Energinet Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Energinet

Energinet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Energinet

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Energinet

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Energinet Comparisons

Employees
+
Add Comparison
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Competitors of Energinet

Energinet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as FairWind, European Energy, Scanel, Copenhagen Energy and A2sea, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
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Solar and wind energy projects are developed in Europe.
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Offers electrical design, engineering, and services for marine, energy, and infrastructure projects.
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Provides renewable energy through wind, solar, trading, and storage projects worldwide.
domain founded_year HQ Location
Offshore wind turbines are installed and maintained globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Energinet

Frequently Asked Questions about Energinet

When was Energinet founded?

Energinet was founded in 2005 and raised its 1st funding round 13 years after it was founded.

Where is Energinet located?

Energinet is headquartered in Fredericia, Denmark.

How many employees does Energinet have?

As of Nov 30, 2024, the latest employee count at Energinet is 1,132.

What is the annual revenue of Energinet?

Annual revenue of Energinet is $683.51M as on Jun 30, 2022.

What does Energinet do?

Energinet was founded in 2005 and is headquartered in Fredericia, Denmark. Operations are centered in the energy sector, where wind energy projects and transmission infrastructure for utilities are developed and managed. Services encompass the planning, construction, and maintenance of power grids, with a focus on renewable integration across Denmark. Activities support national energy transmission needs, ensuring reliable distribution from wind sources to consumers.

Who are the top competitors of Energinet?

Energinet's top competitors include FairWind, European Energy and A2sea.

Who are Energinet's investors?

Energinet has 1 investor. Key investors include European Union.

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