About us

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.


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

Sjef Peeraer - CEO Sjef Peeraer - CEO
Marten Eikelboom - CCO Marten Eikelboom - CCO
Robert Vet - CFO Robert Vet - CFO
Floris de Haes - CIO Floris de Haes - CIO

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: 

Vijzelstraat 20

1017HK Amsterdam

Telephone: 020-2050973

E-mail: info@nutsgroep.nl