Renewable Energy Platforms

Reel raised €15 million in a Series A round led by Future Energy Ventures to expand its renewable energy price-stability platform from Denmark into Germany, Europe’s largest energy market. The platform connects businesses in manufacturing, real estate and hospitality with renewable energy producers through power purchase agreements, on-site solar and battery installations and flexible energy consumption management.

Since launching in 2023, Reel has partnered with energy producers including Eurowind Energy and Green Wind to help businesses reduce exposure to electricity price volatility. The company’s expansion into Germany builds on existing producer relationships with Blue Elephant Energy and Greenwind.

Reel demonstrates how aligning the financial incentives of both energy buyers and renewable producers on a single platform can support the long-term viability of new clean energy projects while helping businesses manage energy cost uncertainty.

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