Alfen N.V.
ALFEN • AMS
Industrials • Electrical Equipment
Market Cap
€400.0M
Founded
1937
Employees
1.0K
Headquarters
Almere, Netherlands
Company Description
Alfen is a Dutch energy technology company at the heart of the European energy transition, providing three integrated solutions: smart electricity grids, battery energy storage systems, and electric vehicle charging equipment. When cities need to modernize aging power infrastructure, solar farms need to store excess energy, or businesses need EV charging stations, Alfen provides the hardware and expertise. The company operates through three business lines. Smart Grids supplies transformer substations that power millions of homes and businesses across Europe. Energy Storage produces modular battery systems under the TheBattery brand, enabling grid operators and businesses to store renewable energy for later use. EV Charging manufactures smart, internet-connected charging stations for homes, workplaces, and public locations. Alfen holds a leading market position in the Netherlands and has installed solutions in over 30 countries across Europe. Founded in 1937 in Almere, Netherlands, Alfen spent decades as a traditional electrical equipment manufacturer before pivoting to become a pure-play energy transition company. The company went public on Euronext Amsterdam in 2018 and has grown rapidly as European countries invest in renewable energy infrastructure, though it faced challenges in 2024-2025 as EV charging markets normalized. Headquartered in Almere with approximately 1,000 employees, Alfen is led by CEO Michael Colijn (who joined in October 2025 from Heliox) and CFO Onno Krap. The company has secured a multiyear battery supply agreement with CATL and is constructing new headquarters and production facilities to meet anticipated long-term growth as Europe's energy grid transforms.