Nobile Secures €5 Million to Power the Future of Decentralised Energy Across Europe
As Europe pivots to renewable energy, outdated grids struggle to keep up and the current market structure is no longer fit for the purpose. We are faced with a choice: invest billions in upgrading outdated grid infrastructure or embrace a new energy market model. Nobile is pioneering a decentralised, bottom-up energy model that bridges this gap.
Vienna-based Nobile enables through its platform direct, decentralised renewable energy supply through localised energy hubs and micro PPAs. The platform facilitates direct supply from renewable assets to consumers on the local, regional, and over-regional basis. In other words, creating localised markets that connects market participants that would otherwise never meet.
The company has secured €5 million in funding led by 6 Degrees Capital, with participation from D2, Doral Energy-Tech Ventures, and Helen Ventures. This funding will accelerate the expansion of Nobile’s energy hub model, providing clean, affordable energy across Europe. Operating over 130 energy hubs and securing 17.5 GWh of supply, Nobile is transforming the energy market by establishing independent, resilient energy communities across Europe.
“With the €5 million in new funding, we can continue our strides as the fastest-growing bottoms-up supply model provider in Europe. We will push deeper into new markets such as Germany, Italy, Switzerland and Belgium and will be expanding our team of energy specialists, as well as product and engineering talent.” adds Lorena Skiljan, CEO and Co-Founder of Nobile.
Traditional energy systems, weighed down by regulatory delays and outdated grid structures, can no longer keep up with the rapid adoption of distributed energy. Commercial, industrial, and residential customers are seeking energy independence and lower costs amid fluctuating electricity prices.
“Electricity markets are undergoing a large change as both technology and consumer preferences develop. It stands to reason that how electricity is bought and sold on the retail market can be rethought as well. We are confident in Peter, Lorena and the Nobile team as they enable energy communities to become a key part of the modern electricity system. It is our privilege to support the team with our great syndicate of co-investors.” says Mikael Myllymäki, Vice President and Head of Helen Ventures.
Nobile allows asset owners to crystallise higher returns through prices above standard feed-in tariffs. Consumers benefit from access to local, green energy at lower prices, and free from grid fees, i.e. the highest quality of energy (trackable directly to the asset). And grid operators benefit from reduced congestion and grid investments, improving overall system efficiency.
Founded by energy industry veterans, Peter Gönitzer (former CEO of Wien Energie) and Lorena Skiljan (ex-CSO of Wien Energie), Nobile has quickly established itself as an early mover in Europe’s decentralised energy market.
“We are transforming the energy market with a decentralised, bottom-up model that complements traditional utilities and directly serves local communities,” says Peter Gönitzer, CEO and Co-Founder of Nobile. “Our energy hubs create resilient, self-sustaining markets that provide meaningful economic, social, and environmental benefits to all users.”