Through its subsidiaries Budget Energie (www.budgetenergie.nl) and NLE* (www.nle.nl) the Nuts Groep supplies electricity and gas at low cost and in a hassle-free way to approximately 600.000 customers in the Netherlands and to more than 100.000 customers in Belgium with the Elegant brand (www.elegant.be). The group expects to generate € 700 million in revenues for 2018.
Nuts Groep strives for further growth in the Benelux, both organically as well as by acquisitons. Our focus is on the non-physical (administrative) part of the energy value chain.
* The finalization of the NLE takeover is still subject to approval by the European Commission.