EnergyVision sees influx of new customers as war drives prices up
Demand for fixed-price energy contracts, driven by the war in the Middle East, has brought a significant number of new customers to energy supplier EnergyVision. The listed company presented its quarterly figures on Thursday.
EnergyVision, based in Ghent, saw its turnover rise by 60 per cent to 41.8 million euros in the first quarter, partly thanks to record production of its own energy following the integration of wind energy into its portfolio. It also earned more from charging points and saw an increase in the number of customers.
However, the major growth is expected in the coming months. EnergyVision reports a “significant influx” of new customers in March due to the war in the Middle East, as rising gas and electricity prices prompt people to seek fixed-price contracts.
March ended with more than 39,000 new connections, the company reports. Supply to these customers commenced in April. Having secured a group purchase deal, it will gain 15,000 new connections in Wallonia from June.
“It was already clear from early January that growth would continue – driven by a record number of customers, charging points, and own energy – but throughout the quarter, that growth further accelerated,” CEO Maarten Michielssen said.
#FlandersNewsService | EnergyVision CEO Maarten Michielssens © BELGA PHOTO DIRK WAEM
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