Redes Energéticas Nacionais

REN - Redes Energéticas Nacionais, SGPS, S.A.
Type Sociedade Anónima (EuronextRENE)
Industry Utilities
Founded 1994
Headquarters Lisbon, Portugal
Key people Rui Cartaxo (Chairman and CEO)
Services Transmission system operator; storage and transportation of LNG
Revenue 1.225 billion (2010)[1]
Operating income €250.5 million (2010)[1]
Profit €110.3 million (2010)[1]
Total assets €4.461 billion (end 2010)[1]
Total equity €1.022 billion (end 2010)[1]
Employees 730 (end 2010)[1]
Website ren.pt

REN - Redes Energéticas Nacionais, SGPS, S.A. (formerly Rede Eléctrica Nacional S.A.) is a Portuguese company. Its main activities are global management of the country's Public Electricity Supply System (PESS), with the aim of guaranteeing the stability and security of electricity supply; operation and development of the national very-high voltage transmission grid in mainland Portugal; management of the portfolio of sites for power stations; and invitation of public tenders for the construction and operation of new power generating plants.

The company is also involved with the storage and transportation of liquefied natural gas, and owns and operates an LNG regasification terminal located at Sines.

References

  1. ^ a b c d e f "Annual Report 2010". Redes Energéticas Nacionais. http://www.ren.pt/SiteCollectionDocuments/Investidor/Relat%C3%B3rios%20Anuais/2010/en/AnnualReport.pdf. Retrieved 18 November 2011. 

External links