SM

SMEG

Fontvieille, Monaco

SolarWindGeothermalOther
Founded 1890501-1000 employees
Profile last updated: April 27, 2026

About

Founded in 1890, SMEG is a renewable energy company headquartered in Fontvieille, Monaco with approximately 501-1000 employees specializing in Solar, Wind, Geothermal.

SMEG is the historical energy operator of the Principality of Monaco and an integrated energy group. It distributes and supplies electricity and gas, operates urban heating and cooling plants using local renewable and recovered energy (waste-to-energy and marine geothermal/seawater thermal energy), and offers turnkey energy solutions. The group also develops EV charging (EVzen), energy optimisation services, self-consumption solutions and renewable generation, including solar and wind assets in France with over 169 MW of operational capacity.

Headquarters

Fontvieille, Monaco

Founded

1890

Employees

501-1000

Focus areas

integrated energy operatorseawater thermal energydistrict heating and coolingwaste-to-energyrenewable electricity generationEV chargingenergy efficiencyagrivoltaicselectricity and gas distribution

Products & services

Business models

B2BB2C

Value chain

DevelopmentConstructionO&MRetail

Service areas (2)

  • Monaco

    Electricity and gas distribution and supply, public lighting operation and maintenance, urban heating and cooling, waste collection and energy recovery, energy efficiency services.

  • France

    Investment in and operation of solar and wind installations, agrivoltaics and EV charging network.

Locations

Headquarters

avenue de Fontvieille 10, 98000, Fontvieille, Monaco

Service regions

MonacoFrance

Projects

2

SeaWergie

OperationalThalassothermal heating and cooling network

Seawater thermal energy network providing collective heating and cooling in Monaco.

Monaco, Monaco

Pilot brownfield solar project in Mâcon

PlannedSolar photovoltaic plant

Pilot solar photovoltaic plant on a rehabilitated landfill or non-buildable land, announced for inauguration.

Mâcon, France

Credentials & affiliations

Certifications

ISO 9001

ISO 14001

ISO 45001

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