July 25, 2016 8:48 PM ET

Multi-Utilities

Company Overview of Energinet.dk

Company Overview

Energinet.dk, together with its subsidiaries, owns and operates electricity and gas transmission grids. It also operates natural gas storage facilities; leases out unused capacity in the optical fiber cables; and sells energy consultancy services. The company is headquartered in Fredericia, Denmark.

Tonne Kjærsvej 65

Fredericia,  7000

Denmark

834 Employees

Phone:

45 70 10 22 44

Fax:

45 76 24 51 80

Key Executives for Energinet.dk

Chief Executive Officer, President and Member of Executive Board
Chief Financial Officer, Executive Vice President and Member of Executive Board
Age: 53
Chief Technology Officer, Executive Vice President and Member of Executive Board
Head of Information Management Team
Head of Planning and Scenarios, Planning
Compensation as of Fiscal Year 2016.

Energinet.dk Key Developments

Energinet.Dk Signs Framework Agreement with Nexans Tosupply500km of Hv Cables

Energinet.dk has signed a framework agreement with Nexans S.A. for the delivery of around 500km of high voltage, or HV, cables. The cables will be used for a series of 170 kV projects from 2017 to reinforce the grid and meet the growing demand for energy in the region. The contract, worth more than E20 million, will see Nexans supply and install cables with a cross section of between 800 and 2,000 mm2. The cables will have a solid aluminium conductor and an aluminium wire screen. Energinet.dk will use the cables all over Denmark in different future cabling projects. The first project description is expected by Summer 2016 for delivery in 2017. Nexans will manufacture the cables at its plant in Hanover, Germany.

Energinet.dk mulls Acquisitions

Energinet.dk is planning to set up a financial M&A team in relation to future acquisitions for the implementation of corporate finance, valuation and negotiation management as the company was already in talks for the purchase of two linked assets / companies.

Similar Private Companies By Industry

Company Name Region
Energinet.dk Europe
Forsyning Helsingør A/S Europe
Frederikshavn Forsyning A/S Europe
Sønderborg Fjernvarme A.m.b.a. Europe
TREFOR A/S Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 6, 2016
Gaspoint Nordic
Merger/Acquisition
May 10, 2016
DONG Gas Distribution A/S
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
Rush University United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Energinet.dk, please visit www.energinet.dk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.