- Eneve acquired Spain-based SaaS provider Nemon, entering the Spanish and Portuguese energy markets.
- The acquisition adds 30 specialists, bringing Eneve's workforce to approximately 180 and is expected to raise group turnover to over €30 million.
- Integration will take place over the coming months while Eneve will support more than 100 energy suppliers in Spain and Portugal.
Deal
Eneve acquired Spain-based SaaS provider Nemon, entering the Spanish and Portuguese energy markets and expanding its European software platform.
Market context and Nemon solutions
Growth of renewables, electrification and integration with the European system is increasing market complexity and demand for integrated software; Nemon supplies operational solutions for connection register management, market communication, contracting, forecasting and billing and counts clients such as Barcelona Energia Pública.
Integration and impact
Integration will take place over the coming months with a focus on continuity for customers and gradual capability expansion; the deal adds 30 specialists (bringing Eneve to ~180 employees), is expected to raise turnover to over €30 million, and Eneve will support more than 100 energy suppliers in Spain and Portugal; Atilano Villanueva will remain Managing Director of Nemon and Eneve will leverage its Lisbon technology and quality office.
