Paris, 26th June 2009
EDF increases its shareholding in Austrian energy supplier ESTAG from 20% to 25%
EDF has just bought GDF SUEZ's 20% holding in SIA (Société d'Investissement en Autriche). It is now the sole shareholder of this holding company, which owns 25% of Austrian energy supplier ESTAG (Energie Steiermark) alongside Land of Styria, which owns the remaining 75%.
ESTAG has around 40 subsidiaries in Austria and employs more than 1800 staff in the fields of energy, waste management and associated services. Its two major subsidiaries are SSG (Steweag-Steg), the leading electricitydistributor and wholesaler for the Styria region, and STGW (Steierische Gas Wärme), a gas carrier and wholesaler in the same region.
EDF is also active in Austria through one of the Group's German company, EnBW, which has a stake in Austria's first energy distributor and wholesaler, EVN.
Press contact: Carole Trivi: +33 (1) 40 42 44 19 / +33 (1) 40 42 46 37
Analysts contact : David Newhouse: + 33 (1) 40 42 32 45
The EDF Group is an integrated energy company active in all electricity related businesses: production, transmission, distribution, wholesale and trading. It is the leading operator in the French electricity market and holds a strong position in three other key European markets (Germany, UK and Italy), making it one of the leading electricity producers in Europe and a recognised gas supplier. With an installed power capacity of 127.1 GW worldwide (124.8 GW in Europe) and global production of 609.9 TWh, it has the largest production capability of any major European supplier and produces the smallest amount of CO2 due to the share of nuclear and hydro power in its production mix. The EDF Group supplies electricity, gas and associated services to more than 38 million customers worldwide, almost 28 million of them in France. The Group generated consolidated sales of E64.3 billion in 2008, 46.7% of which was from international operations. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.
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PJ/CO/2009/155294_88_5R37_PR-EDF-increases-its-shareholding-in-Estag-26-06-09.pdf
Information réglementée :
Type : Nouvelle information
Thème(s):
Communiqués au titre de l'obligation d'information permanente - Activité de l'émetteur (acquisitions, cessions...)
Communiqués au titre de l'obligation d'information permanente - Autres communiqués
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[CN#155294]

Publié le 26 Juin 2009 Copyright © 2009 CompanyNews