Netherlands: Powerhouse takes over gas portfolio of Gas Natural Europe

As of January the 1st, 2020, Powerhouse, a large energy-tech company in the Netherlands, will take over the Dutch gas portfolio from Gas Natural Europe. With the agreement, Powerhouse is strengthening its leading position in the Dutch energy market.

"The acquisition fits our growth ambition and contributes directly to our mission to strengthen and stabilize the network in the Netherlands," said Bernard Wilmet - CEO of Powerhouse.

Powerhouse brings energy and digitization together in a platform for energy transactions. Users of the platform get control over energy costs and budgets. Customers can also choose to deliver energy to the grid for a fee. With the take-over of the Gas Natural Europe gas portfolio, the Powerhouse energy platform is getting more users. Due to this growth, Powerhouse's position increases to offer flexibility to stabilize the network.

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