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Enercoop
A 100% renewable original offer to individuals, professionals, communities
About Enercoop
Enercoop operates as a distinctive electricity supplier in the French energy market, structured as a network of cooperatives. Established in 2005, the company emerged from the collaboration of approximately twenty organizations involved in renewable energy, citizen associations, and the social and solidarity economy, including notable founding members like Greenpeace and the cooperative bank La Nef. This initiative was a direct response to the liberalization of France's electricity market, with the goal of creating a citizen-led alternative to the prevailing energy model.
The company's business model is centered on supplying 100% renewable electricity to both residential and professional customers. Enercoop sources its power directly from a network of over 524 local producers of solar, wind, hydro, and biomass energy across France. This direct-sourcing approach, certified by the high-engagement VertVolt label, ensures that for every kilowatt-hour a client consumes, an equivalent amount is purchased from a renewable producer. Revenue is generated through the sale of this green electricity via various plans, such as their "Flexi Watt" offer which encourages consumption alignment with renewable production. As a Société Coopérative d'Intérêt Collectif (SCIC), or Cooperative Society of Collective Interest, Enercoop is owned by its members, which include customers, employees, producers, and community partners. This structure mandates the reinvestment of at least 57.5% of its profits back into the cooperative's projects, prioritizing social and environmental goals over capital returns.
Enercoop's key offering is its certified green electricity, which it supplies to over 100,000 customers. A significant feature of its operation is the decentralized network of 11 regional cooperatives, which aims to empower local communities and strengthen citizen participation in the energy transition. The company actively supports the development of new, citizen-owned renewable energy projects, with about 70% of its production sites being owned by citizens or local authorities. Beyond just supplying power, Enercoop provides services aimed at improving energy sobriety and efficiency, and supports the installation of photovoltaic panels. This integrated model allows members to become co-owners of the energy production, shifting them from passive consumers to active participants, or "prosumers," in a more democratic and transparent energy system.
Source: Dealroom company dataAt a glance
- Founded
- 2005
- Headquarters
- Paris, France
- Sector
- Transportation
- Power Law
- Thoroughbred$100M+ revenue
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