APX Group
From Wikipedia, the free encyclopedia
| APX B.V. | |
| Type | BV (Limited liability) |
|---|---|
| Founded | 1999 |
| Headquarters | Amsterdam, the Netherlands |
| Industry | Energy Trade |
| Products | energy exchange markets |
| Revenue | EUR 25.2 million (2005) |
| Net income | EUR 2.4 million |
| Website | www.apxgroup.com |
The APX Group is a holding company owning and operating five energy exchange markets in the Netherlands, the United Kingdom and Belgium:
- APX Power UK
- APX (power NL)
- APX Gas UK
- APX Gas NL
- APX gas ZEE (after the port town of Zeebrugge in Belgium).
APX Group itself is owned by TenneT Holding, the Dutch transmission system operator and gascompany N.V. Nederlandse Gasunie. Both companies are owned by the state of the Netherlands, which indirectly makes APX Group 100% state owned as well.
[edit] History
- May 1999: Trading starts at the (then called) Amsterdam Power Exchange or APX, the first electricity exchange market in continental Europe.
- May 2001: TenneT TSO acquires full ownership of APX.
- 2003: APX expands towards the UK by acquisition of Gas exchange EnMO and electricity exchange APX-UK (including the brand name APX for all European countries).
- 2004: APX acquires UK power exchange UKPX; Amsterdam Power Exchange renamed APX.
- February 2005: Gas exchange markets APX Gas NL and APX gas ZEE are launched.
- January 2006: TenneT sells 25.5% of shares in APX Group to N.V. Nederlandse Gasunie.
