Introduction

THE GREENERGY GROUP OF COMPANIES (“GREENERGY”) IS A HUNgarian OWNED, INDEPENDENT, ENERGY INDUSTRY COMPANY ESTABLISHED IN 2007 that mainly operates in hungary.

Greenergy’s core business relies on decentralized energy production, which is mainly based on small-scale combined heat and power (CHP) and renewable energy units. The electricity generation of Greenergy’s small power plants is aggregated and controlled by our company’s own power plant control center, enabling the small power plants to appear as a virtual large power plant in the electricity and system control market. The Greenergy Group currently owns and operates 22 small power plants with a total capacity of 47 MW. The majority of our power plants are small gas-fired power plants, but our portfolio also includes wind power, solar power and biomass heating power plants.

The EPC business unit of our company has been involved in the implementation of many small power plants with different technologies before. In 2021, the expansion and development of the EPC business unit is one of the very significant intentions of the owners, which, after the expansion, will be able to undertake the full implementation of the construction and implementation processes surrounding energy investments. The Greenergy Group also has its own service department, which, in addition to its own small power plants, also carries out gas engine maintenance and refurbishment work for third parties. Greenergy-Service Maintenance Ltd. also operates as an official Hungarian INNIO Jenbacher service representative.

The Energy Consulting Department of the Group (Greenergy-Market Kft.) was launched in 2020, which primarily provides energy procurement, energy modernization and consulting services to large energy consumers.