About us

Nuts Groep (Dutch for 'Utility Group') is the parent company of Budget Energie (www.budgetenergie.nl), NLE (www.nle.nl) and Elegant (www.elegant.be). The group supplies electricity, gas and telecom services to more than 800,000 households and SMEs in the Netherlands and Belgium, generating ~€ 800 million in annual revenue. 

The group strives for further growth in the Benelux, both organically as well as through acquisitons. Our focus is on the non-physical (administrative) part of the energy value chain.


In the coming years Nuts Group will simplify the energy market and push for it's competitive edge.

Our subsidiaries will be in the forefont of this mission.

By doing so we aim to become the number 4 supplier of energy in both the Flemish and the Dutch market. 


Automation and the installation of smart meters will help make the supply of energy much easier in the coming years. As a result, new parties will enter the market and the established businesses will become increasingly better organized.

Efficiency is what will make the difference in this challenging market. Our subsidiaries achieve this through automation and a continuous focus on simplification and scaling.


Investment policy

The companies within the Nuts Groep operate throughout the entire 'downstream' energy value chain in Belgium and the Netherlands. In addition to organic growth we aim to expand through acquisitions and taking up minority stakes in existing businesses.

The board

Caroline Princen - CEO Caroline Princen - CEO
Marten Eikelboom - CCO Marten Eikelboom - CCO
Sjef Peeraer - Strategy & Business Development Sjef Peeraer - Strategy & Business Development
Robert Vet - Head of Sourcing Robert Vet - Head of Sourcing
Floris de Haes - CIO Floris de Haes - CIO
Joyce Burkens - COO Joyce Burkens - COO

Budget Energie

Budget Energie (www.budgetenergie.nl) supplies electricity and gas as efficiently as possible. With more than 250.000 customers, it is one of the larger low-cost energy suppliers of the Netherlands.

Elegant (www.elegant.be) supplies locally generated green electricity and gas to approximately 130.000 Belgian households. The company has a long-term price strategy of transparently following the wholesale price of electricity and gas. In the end, this results in a lower price for the customer.

NLE (www.nle.nl formerly known as the Nederlandse Energie Maatschappij) can be best described as the most enthusiastic challenger brand of the Dutch energy and telco market. Opening up traditional markets is what they passionately do since early 2005. Their strong belief is: more competition leads to lower prices, better service and more innovative ideas in favor of the customer. The future of challenging traditional markets therefore starts and ends with technological innovation.
Energy Global


Contact Us

Visiting address: 

Reguliersdwarsstraat 58

1017BM Amsterdam

Telephone: 020-2050973

E-mail: info@nutsgroep.nl