50Hertz
Berlin
About 50Hertz
50Hertz is a high-voltage energy network operator. They operate the transmission grid in northern and eastern Germany and secure the electricity supply for around 18 million people. The 50Hertz extra high voltage grid has a circuit length of about 10,200 kilometers – that is the distance from Berlin to Rio de Janeiro. 50Hertz operates lines, cables and substations through efficient maintenance, expands its grid to meet demand and ensures the electrical balance between energy consumers and power generators. 50Hertz is a leader in the secure integration of renewable energies: More than half of the annual average consumption in their grid area comes from renewable sources - and it is constantly growing. Around 1,100 employees at ten locations ensure that electricity flows around the clock in Berlin, Brandenburg, Hamburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia. The 50Hertz transmission grid is part of the European interconnected grid and is directly connected to neighbouring countries Poland, the Czech Republic, Denmark and in the near future also Sweden.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1,001 – 5,000
- Estimated revenue: $10M+
- Total funding: $1.2B
- Funding stage: Private Equity
- Last round: Private Equity (Mar 2018)
- Website: 50hertz.com
- Phone: 0049 (0) 30 - 5150 - 0
Industries & Categories
Electrical Distribution, Energy, Energy Management
Social Profiles
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