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Senfal acquired by Swedish Vattenfall

“Adding their competences and solutions will strengthen Vattenfall’s position of being the preferred energy supplier for industrial customers and renewable operators in Northwestern Europe.”

E. Suichies
Vice President BU Customers Vattenfall

We are proud to announce that as of today the Swedish energy company Vattenfall has acquired Senfal.

A new deal

An existing cooperation between Senfal and Vattenfall, offering Senfal services to Vattenfall’s client base, has now been extended to this new deal, aimed at accelerating the commercial roll-out of Senfal services. Partnering with Vattenfall provides Senfal with many new opportunities, while still being able to independently service our existing and new clients.

With the acquisition of Senfal, Vattenfall adds new services for large industrial customers, wind and solar farms as well as battery owners, aiming at unlocking substantial value from flexibility. 

Strengthening Vattenfall

“Senfal has gained a wealth of experience and shows innovative thinking in automated demand response and robotic power trading,” says Erik Suichies, head of Vattenfall’s European wholesale customer business. “Adding their competences and solutions will strengthen Vattenfall’s position of being the preferred energy supplier for industrial customers and renewable operators in Northwestern Europe.”

Independently moving forward

We at Senfal are very enthusiastic about this cooperation, because it provides Senfal with the needed financial backing and strength, it will accelerate the development of our technology development roadmap and we will be able to grow internationally much faster. Senfal will, with the same team, operate independently from Vattenfall in carrying out the existing strategy.

“The partnership with Vattenfall enables Senfal to scale our technology to a very large customer base, thereby creating the desired impact. This is a very logical next step for our company,” says Sander ten Kate, managing director of Senfal. ”We will continue on our path to independently service our current and future customers”.

Read Vattenfall’s press release here.