Electrabel SA is a Belgian
energy
Energy () is the physical quantity, quantitative physical property, property that is transferred to a physical body, body or to a physical system, recognizable in the performance of Work (thermodynamics), work and in the form of heat and l ...
corporation
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as ...
. It is a subsidiary of French multinational utility company
Engie
Engie SA (stylised in all caps as ENGIE) is a French multinational electric utility company, headquartered in La Défense, Courbevoie. Its activities cover electricity generation and distribution, natural gas, nuclear power, renewable energy ...
S.A. (formerly GDF Suez).
History
Electrabel was established in 1905. Its actual name originates from 1990, after the regrouping of the companies Intercom, EBES and Unerg.
For a long time a majority stake in Electrabel was held by the French company
Suez
Suez (, , , ) is a Port#Seaport, seaport city with a population of about 800,000 in north-eastern Egypt, located on the north coast of the Gulf of Suez on the Red Sea, near the southern terminus of the Suez Canal. It is the capital and largest c ...
. In 2005, Suez increased its stake to 96.7% and a squeeze-out of the remaining shareholders was completed on 10 July 2007, when the company was
delisted
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions.
...
from the stock exchange. Following Suez's 2008 merger with
Gaz de France, Electrabel became a
subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...
of GDF Suez, which changed its name into Engie in 2015.
Operations
Electrabel is active in the
Benelux
The Benelux Union (; ; ; ) or Benelux is a politico-economic union, alliance and formal international intergovernmental cooperation of three neighbouring states in Western Europe: Belgium, the Netherlands, and Luxembourg. The name is a portma ...
market. It generates electricity and heat, and supplies electricity and natural gas to six million customers. In 2008, Electrabel sold 97.4 TWh of electricity and 72 TWh of natural gas. It is the largest electricity producer in the Netherlands and Belgium, the largest electricity supplier in Belgium, and the second largest natural gas supplier in Belgium.
Power stations
Electrabel has diversified generating facilities of 16,000 MW in the Benelux, including renewable energy sources, natural gas and coal, pumped storage power stations and nuclear power stations. It owns the
Doel and
Tihange nuclear power plants with a capacity of 2,736.9 MW and 2,423.1 MW respectively. In addition, Electrabel owns
combined cycle gas turbine plants in Amercoeur, Drogenbos, Herdersbrug, Saint-Ghislain, Esch-sur-Alzette and Eems, and
combined heat and power in Solvay, Total and Almere. Conventional power stations are located in Awirs, Amercoeur, Kallo, Mol, Rodenhuize, Ruien, Gelderland, Bergum and Dunamenti (Hungary). Electrabel also owns the
Coo-Trois-Ponts Hydroelectric Power Station with a total capacity of 1,164 MW and several hydroelectric, photovoltaic and biomass power plants and wind farms.
Synatom
A wholly owned subsidiary of Electrabel, the company is responsible for the
fuel supply and spent fuel management of
nuclear reactors in Belgium.
References
External links
Electrabel GDF Suez International
Electrabel GDF Suez Belgium
Electrabel GDF Suez Netherlands
GDF SUEZ
{{Authority control
Engie
Electric power companies of Belgium
Nuclear power companies of Belgium
Société Générale de Belgique