Priogen

Overview
Current-gen renewables?
Product stageSegments
Early
?
Renewable energy brokers
?

Priogen is an energy trading company and asset manager headquartered in Amsterdam, specializing in renewable energy sources such as wind and solar. The company leverages its proprietary forecasting models and algorithms to optimize the revenues of renewable generation assets owned by its clients. Priogen's core competency lies in helping businesses maximize energy value and minimize energy risks through effective management of their utilities.

In the increasingly volatile renewable energy market driven by the integration of intermittent sources like wind and solar, Priogen's advanced trading platform and expertise enable it to respond promptly to pricing fluctuations. The company's sophisticated forecasting capabilities allow it to accurately predict short-term energy prices up to two weeks in advance. By harnessing Big Data, advanced weather forecasting, and complex algorithms, Priogen empowers its clients to make informed, future-proof, and profitable business decisions.

Priogen's trading activities have consistently outperformed the market, boasting an impressive long-term track record. The company's highly skilled team, comprising traders, data analysts, and meteorologists, leverages extensive knowledge of pan-European energy markets to manage risks, maximize megawatt value, reduce CO2 emissions, and contribute to grid stabilization.

In March 2023, Priogen underwent a management buyout, welcoming Gilde Equity Management as its new shareholder and growth partner. This strategic partnership aims to accelerate Priogen's expansion into various markets, capitalizing on the supportive market tailwinds generated by the increasing reliance on wind and solar energy.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
Amsterdam NLD
Founded year:
2009
Employees:
51-100
IPO status:
Private
Total funding:
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Last Funding:
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Last valuation:
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