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NHOA
Clean, Smart, Decentralised Energy Storage with hydrogen batteries
About NHOA
NHOA S.A., formerly known as Engie EPS, operates as a key player in the global energy storage and e-mobility sectors, positioning itself at the forefront of the transition to sustainable energy. The company, through its primary business unit NHOA Energy, specializes in the design, development, and delivery of turnkey battery energy storage systems (BESS). These systems are crucial for grid stability and for transforming intermittent renewable energy sources like solar and wind into reliable, 24/7 power supplies. NHOA's history traces back to its origins as Electro Power Systems (EPS), which was founded in 2005 as a spin-off from the Polytechnic University of Turin by a group including Paolo Verrone, Luca Piegari, and Laura Coppo. A significant milestone occurred in 2018 when ENGIE acquired a majority stake, rebranding the company to ENGIE EPS. The next major transformation took place in 2021 when Taiwan Cement Company (TCC) acquired a controlling stake from ENGIE, leading to the current name, NHOA, which stands for New Horizons Ahead.
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The company's business model revolves around acting as a system integrator and technology provider. It serves a diverse client base that includes utilities, independent power producers, and commercial and industrial clients. NHOA generates revenue by engineering, procuring, and constructing these large-scale energy storage projects. With an operational footprint spanning five continents and offices in the UK, US, Taiwan, and Australia, NHOA has deployed or has under construction over 2.5 GWh of energy storage capacity. The company maintains its research, development, and manufacturing activities in Italy, underscoring its deep engineering roots. The leadership, including CEO Carlalberto Guglielminotti, has steered the company through its significant acquisitions and rebranding, focusing on expanding its global reach and technological capabilities in energy storage and e-mobility infrastructure. This strategic direction leverages the industrial backing of TCC to accelerate growth in a rapidly expanding market for clean energy solutions.
At a glance
- Founded
- 2005
- Headquarters
- Paris, France
- Listing
- IPO 2015
- Sector
- Transportation
- Power Law
- Thoroughbred$100M+ revenue
Research & analysis
Latest news
Press, funding announcements and product moves mentioning NHOA.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Caisse des Dépôts
European Union
Series A1 investor entered at this stage
Series B and later4 investors entered at this stage
Ersel Asset Management
Four Partners
UniCredit
Intesa Sanpaolo
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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