Bnewable
Assembly Line
Bnewable raises €40M to expand operations and boost energy transition efforts in Belgium and Europe
Belgium-based Bnewable, an energy company specialising in battery systems and energy management for businesses, has secured €40M in new growth capital from its existing investors. Bnewable’s three external investors, RGREEN INVEST, Wallonie Entreprendre, and Dovesco Fund Investments, have invested in this round to help establish Bnewable as a leading player in the Belgian and European energy transition.
Founded in 2022 by Christophe Degrez and Kristof Vereenooghe, Bnewable is an independent energy company specialising in on-site “behind the meter” battery systems and energy management. It helps businesses reduce energy costs and adopt sustainable practices. The company finances battery investments and optimises their use through its proprietary Energy Management Platform, Voltana. This platform balances local energy consumption, trades surplus electricity, and provides grid support services. Bnewable uses Voltana to intelligently control batteries with data-driven algorithms and machine learning for optimal use. By trading excess energy and leveraging an in-house team, the company maximises solar production returns for its customers while supporting grid stability.