Cegedel

The Enovos Luxembourg S. A. is the largest power company in Luxembourg.

Enovos Luxembourg is an electricity and gas supplier. The company is also active in energy trading. Subsidiaries in Germany include the Enovos Energy Germany GmbH in Wiesbaden and the Enovos Germany AG in Saarbrücken.

History

Predecessor of Enovos International S. A. was the SOTEG SA, in which 97% of the SaarFerngas AG and 83% of Cegedel SA were filed against issue of shares. Following the contribution ( contribution in kind to the capital increase and issue of share premium ) the SOTEG SA made ​​a mandatory offer to the free float of Cegedel SA ( 17.2% were not traded on the stock exchanges in Luxembourg and Brussels). After a successful public takeover offer was made the de -listing and squeeze out the by minority so that the SOTEG SA holds 100% of shares of Cegedel SA. Shareholders of the new company are: State of Luxembourg with 28.3 %, the Luxembourg investment bank SNCI with 10.8%, ArcelorMittal with 25.3%, 19.8 %, RWE, E.ON and Electrabel with 10.8% with 5, 1 %. Enovos International is the parent company of Enovos Luxembourg (sales, purchasing, Porfoliooptimierung, generation, renewables and investments, including Enovos Germany ) and the Creo Luxembourg ( operates the transport network of Cegedel ( current) and Soteg (gas) and holds 97% of the Creo Germany with the transport network of former SaarFerngas ), they also took over the 1 % interest Cegedel on the energy exchange EEX.

Enovos is, inter alia, one of the main sponsors of the UCI ProTeam Leopard Trek Luxembourg and the Tour de Luxembourg.

Cegedel S. A.

Cegedel was founded as Compagnie Grand -Ducale d' Electricite du Luxembourg ( Grand Duchy of Luxembourg electricity company ) on 27 March 1928. Since 1997, she wore the shorter name Cegedel. The company operated mainly in the power supply (market share in Luxembourg about 60 %), as well as in power generation, energy trading, in the distribution of natural gas and telecommunications.

Last among 32.8 % of the shares of the Luxembourg State, 30.4% of Luxempart - Energie SA, 11.9 % of the state bank SNCI and 7.8 % of Electrabel. The remaining 17.1% of the shares were in free float. Cegedel SA was taken over by the SA and SOTEG taken during the public tender offer of the stock market and removed the minority shareholders of the Zwangsauskauf ( squeeze -out).

Soteg S. A.

Soteg was founded on 5 February 1974 as Société de Transport de Gaz. Since 1999, she wore the shorter name Soteg. The company initially operated in the transport and supply of natural gas, later the power was added and the expansion of the gas business in France.

Last among 21 % of the shares of the Luxembourg State, 10 % of the State Bank SNCI, 20% of ArcelorMittal, 20 %, E.ON Ruhrgas, 19 % and 10% Cegedel SaarFerngas.

Indicators

Enovos Luxembourg has 745 employees and serves 136,000 residential customers and 34,000 commercial customers in Luxembourg.