Cegedel

Cegedel S.A.
Type	Public
Industry	Electricity distribution
Founded	27 March 1928
Defunct	2009
Successor	Creos Luxembourg SA
Headquarters	2, rue Thomas Edison, Strassen, Luxembourg
Area served	Luxembourg
Key people	Roland Michel, Chairman; Romain Becker, CEO
Revenue	€331.2m
Operating income	€73.9m
Net income	€75.3m
Number of employees	500

Cegedel S.A. (until 17 May 1997 the Compagnie Grand-Ducale d'Électricité du Luxembourg (English: Grand Ducal Electricity Company of Luxembourg)), was a Luxembourg company that distributed electricity. It operated under a concession written into the law under which it was formed, and distributed 70% of the electricity used in the country, amounting to 6,616 GWh.^[1]

The Government of Luxembourg owned one-third of the company, which made it the largest single shareholder,^[1] followed by the 30.4% stake held by Luxempart-Energie,^[4] with smaller stakes held by SNCI (12%) and Electrabel (8%).^[1] Shares of the company were listed on the Luxembourg Stock Exchange, of which it was one of the ten (and one of the seven Luxembourg-based) members of the main index, the LuxX Index

As a result of the European Union policy of liberalization of the energy market, Enovos Gruppe ^[5] acquired Cegedel SA along with Soteg SA, the gas distributor, in 2009, and created a Luxembourg subsidiary, Creos Luxembourg to distribute both gas and electricity.^[6]

Footnotes[]

^ Jump up to: ^a ^b ^c ^d "Présentation" (in French). Cegedel. Archived from the original on 7 August 2007. Retrieved 24 August 2007.
^ Jump up to: ^a ^b ^c "Annual Report 2006" (PDF). Cegedel. 8 May 2007. Archived from the original (PDF) on 28 September 2007. Retrieved 24 August 2007.
^ "Les principaux employeurs luxembourgeois" (PDF) (in French). Statec. 8 May 2007. Archived from the original (PDF) on 10 June 2007. Retrieved 24 August 2007.
^ "Principales participations" (in French). Luxempart. 31 December 2006. Archived from the original on 5 July 2007. Retrieved 24 August 2007.
^ "Creos Annual Report 2009". Retrieved 6 July 2014.
^ "Corporate Structure". Archived from the original on 14 July 2014. Retrieved 6 July 2014.