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Smeg

Monaco, Monaco

SolarWindGeothermalBiomassEnergy StoragePublic
Founded 1890500-1000 employees169 MW installed

About

Founded in 1890, Smeg is a public headquartered in Monaco, Monaco with approximately 500-1000 employees specializing in Solar, Wind, Geothermal.

Smeg is Monaco's historic energy operator covering the complete energy value chain from production to distribution. For over 40 years, it has designed, built and operated urban heating and cooling plants using local renewable and recovery energy sources including waste valorization and marine geothermal. The group operates SeaWergie, Monaco's thalassothermal network using Mediterranean Sea thermal energy for collective heating and cooling. Smeg manages electricity and gas distribution and public lighting in Monaco. In France, the company operates 169 MW of installed renewable assets across solar and wind installations. The group provides turnkey solutions including electromobility (EVzen brand), energy optimization services (Smart), self-consumption solutions, and energy efficiency. Smeg is 64% owned by ENGIE and 15% by EDEV (EDF subsidiary), with the Monégasque State holding 20%. Employs over 550 staff across the group. ISO 9001, 14001, and 45001 certified.

energy distributionrenewable energygeothermalwaste recoveryelectric vehiclesenergy efficiencyurban heatingthalassothermal

Headquarters

Monaco, Monaco

Founded

1890

Employees

500-1000

Company Type

Public

Business Models

B2BB2CIPP

Value Chain

DevelopmentEngineeringConstructionO&MAsset ManagementConsultingRetail

Products

SeaWergie

EVzen

Smart

Smeg Energy

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