About us

Nuts Group provides low cost, hassle-free energy and telecom services under multiple brands. This requires scaling. That is why Nuts Groep aims - in addition to organic growth - to consolidate energy companies in the Benelux. The company currently serves around 750,000 energy and telecom customers in the Netherlands under the labels 'Budget Energy' (www.budgetenergie.nl), 'NLE' (www.nle.nl) and 'Robin Mobile' (www.robinmobile.nl), and around 100,000 customers in Belgium under its 'Elegant' label (www.elegant.be). In 2020, Nuts Groep wants to break the 1 million customer barrier. The company had a gross revenue of approximately EUR 800 million in 2018. Nuts Groep is 50 percent owned by investor Waterland.


Nuts Groep wants to simplify the energy and telecom markets even further and make them more competitive. Our subsidiaries are at the forefront of pursuing this mission.

Our ambition is to grow as a group of companies and become the fourth energy supplier in both the Flemish and the Dutch market.


The process of providing energy will be simplified in the coming years through automation and the installation of smart meters. As a result, new players continue to enter the market and established players get their affairs in better order.

In the challenging market conditions, it is vital to continuously improve efficiency. Our subsidiaries achieve this by having a strong focus on automation, process 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
Floris de Haes - CIO Floris de Haes - CIO
Joyce Burkens - COO Joyce Burkens - COO
Wilbert Schutrups - CFO Wilbert Schutrups - CFO
Sjef Peeraer - Strategy & Business Development Sjef Peeraer - Strategy & Business Development
Robert Vet - Head of Sourcing Robert Vet - Head of Sourcing

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
Robin Mobile
Robin Mobile was established in 2013 and has made a name for itself by being the first SIM-only provider to introduce an unlimited plan, which gives customers unlimited calling, texting and data at a fixed monthly charge.


Contact Us

Visiting address: 

Reguliersdwarsstraat 58

1017BM Amsterdam

Telephone: 020-2050973

E-mail: info@nutsgroep.nl