Luxembourg, December 3rd, 2024
diego Luxembourg S.A., hereinafter referred to as diego, has experienced remarkable growth since its launch as a commercial company in early 2022. Initially, diego began in 2018 as a franchise network, in partnership with the Federation of Artisans and its members, to address the energy transition needs in Luxembourg. Today, diego is taking a new step and, starting from January 1, 2025, will adopt the name electris Luxembourg S.A., hereinafter referred to as electris.
The return of the name "Electris": electrification as a lever for the energy transition
The name Electris is well-known, referring to the former brand of Hoffmann Frères Energie & Bois s.à r.l. (HFEB) in Mersch. Starting in 2025, as previously announced, Electris' energy supply activity will be integrated into Enovos, while its electromobility and photovoltaic installation services will merge with those of diego under the newly renamed entity, electris.
The evolution of diego to electris: a growth strategy beyond the name change
This change represents much more than just a rebranding: it embodies an ambitious strategy to strengthen electris' commitment to intelligent and sustainable energy management. Since its inception, diego has continually innovated by developing energy transition services, now consolidated under the electris brand:
· Mobility (2022): a complete ecosystem for electromobility, with a network of charging stations, tokens for users, and a dedicated management platform for businesses and individuals.
· Sunity (2023): a photovoltaic solution allowing customers to produce their own green energy, thus supporting the local and decentralized production of energy.
· Intensity (2024): a range of heat pumps for more sustainable heating solutions, reducing both energy costs and CO₂ emissions.
These initiatives demonstrate electris' commitment to reducing its ecological footprint and optimizing energy consumption. With Community, launched at the end of 2024, electris offers an energy-sharing and optimization solution based on a subscription model. This new service allows customers to access cutting-edge technologies without upfront costs, making it easier to manage and share renewable energy within communities.
For Vincent Lekens, CEO, Community represents "a completely innovative turnkey solution in Luxembourg that ensures efficient energy management for residents and users of both residential and non-residential buildings."
Strengthening the team and integrating expertise
To support this transformation, electris integrates the expertise of the former Electris brand from HFEB, adding ten new employees. By January 2025, electris will employ nearly 45 people, expanding its skills in technical engineering, digitalization, energy installation, and management. By bringing together the best of diego and the former Electris, electris Luxembourg S.A. positions itself as a key partner for energy transition projects.
Vincent Lekens, CEO: "I am extremely excited about the prospects ahead of us. By combining our strengths, we are creating a truly unique company capable of meeting tomorrow's challenges and making a real and effective impact on a wide range of exciting and diverse energy transition projects. This is a captivating new chapter for us, and I look forward to seeing the results we will achieve together. Starting in January 2025, we will be present on the market with new digital tools that will allow for better management of energy flows for both our residential and professional customers."
A modern vision of sustainable energy management
electris, a subsidiary of Teseos, which manages technical services within the Encevo Group, Luxembourg's energy leader, takes a forward-looking approach by optimizing energy flows while enhancing the customer experience. The company supports individuals, businesses, property managers, and municipalities in their energy transition projects by offering end-toend solutions such as charging station networks, badges, photovoltaic installations, heat pumps, batteries, and energy communities. The range of products and services will continue to evolve, solidifying electris' position as a key player in the energy transition in Luxembourg.
A new logo: a symbol of the union between diego and Electris
To mark this transformation, electris adopts a new logo, retaining the historic name Electris while incorporating diego's distinctive colors. This visual represents the complementarity of both identities, blending diego's values and the heritage of the former Electris for a sustainable and innovative energy future.
With this merger, electris becomes the Teseos brand that supports customers in their energy transition. This new entity will combine diego's innovation and the proven expertise of the former Electris, offering technical solutions tailored to the specific needs of each client.
Jean-Luc Santinelli, CEO of Teseos, emphasizes that "the synergies between these two entities are immense" and that the union of their strengths "will expand electris' range of products and services, offer even more in-depth support for the energy transition projects of businesses, individuals, property managers, and municipalities in Luxembourg, and reinforce its position as an expert in the market."
Nothing changes for our clients
Everything changes, but nothing changes. diego Luxembourg's existing customers will retain their contact points, contracts, and ongoing commitments. We are changing our name but keeping our DNA, our address, bank accounts, VAT number, and trade registry number (RCS).
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