About ALFEN
Company Overview
Alfen N.V.
HeadquartersAlmere, Netherlands
Founded1937
SizeApproximately 900 employees worldwide. Revenue of 435.6 million in fiscal year 2025 (source: marketwatch.com, alfen.com)
What They Do
Alfen is a leading Dutch company specializing in network technology and electrification, focusing on three main segments: Smart Grid Solutions, EV Charging, and Energy Storage Systems (source: alfen.com). The company provides advanced infrastructure products such as medium voltage and distribution equipment for grid operators and large private customers, including compact transformer stations (source: alfen.com). In the EV Charging segment, Alfen manufactures hardware and systems for charging points, producing 61,254 charging points in the first half of 2025 (source: alfen.com). Additionally, the company develops utility-scale battery storage systems, such as TheBattery Elements and mobile storage solutions, with projects measured in megawatts and megawatt-hours (source: alfen.com). Its customer base includes grid operators, private clients, renewable energy developers, utilities, public transport companies, and industrial infrastructure customers (source: alfen.com). Alfen stands out through an integrated model of hardware and project delivery, a long history in the Dutch grid infrastructure, and the combination of transformer stations, EV charging hardware, and storage within one organization (source: alfen.com). In Q3 2025, 62% of revenue from Smart Grid Solutions came from grid operators, highlighting strong ties with regulated customers (source: alfen.com).
Projects & Experience
Alfen has completed several major projects in energy storage and grid infrastructure. In April 2025, the company secured its largest energy storage deal to date with Return Energy: a 100MW/200MWh system in the Netherlands, connected to the Dutch transmission grid operated by TenneT, with planned delivery by the end of 2026 (source: contentstack.com, roic.ai). Another key battery project is FlevoBESS, a 31.6MW/126.4MWh system in the Netherlands, one of the country’s first large-scale four-hour systems (source: ipo.alfen.com, contentstack.com). In Finland, Alfen delivered a 20MW/40MWh energy storage system for Oulun Energia, including support for grid code testing and additional services (source: alfen.com). The company also supplied a 20MW/40MWh BESS for E-Connection near Neeltje Jans in the Netherlands, aimed at grid stabilization and wind energy integration, with commissioning planned for Q1 2026 (source: alfen.com). In grid infrastructure, Alfen delivered seven compact transformer stations for a pilot project with WATT Infra and carried out medium voltage installations for the Eekerpolder solar park by Belectric, a project of approximately 200MWp in the Netherlands (source: alfen.com). The company also provided custom medium voltage walk-in transformer stations for the Belgian public transport company TEC in Wallonia, supporting the electrification of their fleet (source: ipo.alfen.com). While Alfen is primarily strong in the Netherlands, these projects also demonstrate an active commercial presence in Belgium, Finland, and Sweden (source: ipo.alfen.com, alfen.com).
Recent Developments
In 2025, Alfen reported a revenue decline to 435.6 million, down from 487.6 million in 2024, and implemented a significant workforce reduction to 923 FTEs as part of a restructuring and a more selective growth strategy focused on profitable segments (source: alfen.com). For 2026, the company anticipates revenue between 435 million and 475 million with an adjusted EBITDA margin of 4% to 7% (source: alfen.com). In the first half of 2025, revenue was 211.5 million, with weaker performance in EV Charging and Energy Storage being the main causes of the decline (source: alfen.com). In Q1 2025, revenue guidance was adjusted to 430 million to 480 million, with CAPEX below 4% of revenue (source: contentstack.com, roic.ai). In Q3 2025, revenue of 104.1 million was confirmed, along with further operational efficiency measures (source: alfen.com).
Working at Alfen
Alfen recruits staff across three main areas: hardware and engineering for networks, product and project work for EV charging solutions, and battery storage systems with project execution (source: alfen.com). Roles include electrical engineering, project management, manufacturing, supply chain, field service, sales, and financial functions such as investor relations (source: alfen.com). The headquarters is located in Almere, with commercial and operational activities in Belgium, Finland, and Sweden, based on recent projects (source: alfen.com, ipo.alfen.com). The company is currently undergoing an active restructuring phase, focusing on cost savings, workforce reduction, and improving backlog quality (source: alfen.com). For job seekers, this means Alfen is an industrial technology employer focused on designing, producing, integrating, and delivering electrification equipment and storage solutions for utilities and infrastructure customers (source: alfen.com).
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