ALTEO Energiaszolgáltató Nyilvánosan Működő Részvénytársaság (ALTEO Plc.) is a Hungarian energy company founded in 2008 and headquartered in Budapest. Listed on the Budapest Stock Exchange since 2010, it operates as an integrated energy provider with a focus on electricity and heat production, trading, and services.
The company's core activities include generating power from renewable sources such as wind, solar, hydro, and biogas, alongside natural gas-fired plants and cogeneration facilities. ALTEO also engages in retail trading of electricity and gas, energy storage solutions—including Hungary's largest battery facilities—waste management, e-mobility, and customized energy services for SMEs and large corporations.
With a diversified portfolio of over 20 owned power plants totaling around 317 MW capacity, plus operated assets, ALTEO emphasizes sustainable energy supply, circular economy principles, and virtual power plants integrating renewables and storage.
Also known as ALTEO Plc. and ALTEO Nyrt..
chemXplore tracks 1 project involving ALTEO.
ALTEO's role on them: EPC.
37.4 MWp solar park and 20 MW/40 MWh battery at Algyő boost on-site energy independence and cut ~13,000 tCO2/yr.
Share-swap: 15.38% exchanged for 15% stake; transaction priced on 180-day averages, no cash flows. Parallel sale of 9.22% to Riverland. Pending regulatory approvals; close expected Q2 2026.
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