Alfen N.V

Founded in 1937, Alfen Beheer BV sells, produces, and develops systems, products, and services related to the electricity grid. The company provides smart grid solutions, including devices for grid automation, proprietary back-end systems, and secondary transformer substations for remote control and management of electricity grids. The company has its headquarters in Almere, the Netherlands, and operates throughout Europe. Available on the EuroNext Amsterdam stock exchange, the company uses the ALFEN ticker. As of November 2020, this stock provided a 383.80% one-year return. The ALFEN share price ranged from a 52-week low of €13.68 in December 2019 before rising to a 52-week high of €76.90 in November 2020. Alfen Beheer BV serves grid operators, energy markets, and greenhouse horticulture in Europe. The company also provides grid connections, micro-grids, transformer substations, charging stations for electric vehicles, and energy storage systems. The energy storage system available from Alfen is used alongside solar or wind energy for energy trading, load balancing, frequency control, and autonomous electricity grids. The company has the capability to build completely private electricity grids, which are often used in greenhouse and industrial environments. Increase the diversity of your holdings by investing in ALFEN stock and get the latest news and updates through eToro.