PROFILE |
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Ringing in the new era of utility competition, Electrabel remains the #1 power producer in Belgium by generating 84% of its electricity. Operating both nuclear and fossil fuel power plants, it has an installed capacity of about 14,650 MW in Belgium and added 4,650 MW in the Netherlands by acquiring EPON, the #1 Dutch power producer. It also sells and trades electricity and natural gas in several European countries. At home it distributes electricity, natural gas, and water, as well as cable TV, to municipalities and serves large industries. Other interests include cogeneration and hydroelectric plants and wind farms. Belgian utility Tractebel, a unit of France's Suez, owns about 40% of Electrabel.
COMPETITION |
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E.ON AG (EON)
Electricité de France (dossier)
RWE Aktiengesellschaft (RWEOY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 7,918.40
1-Yr. Sales Growth: 34.2%
Employees: 17,062
Revenue per employee: $464,095.65
KEY PEOPLE |
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Willy Bosmans
CEO
Michel Vermout
CFO
CONTACT INFO |
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Boulevard du Régent 8
1000 Brussels, Belgium
Phone: 32-2-518-6111
Fax: 32-2-518-6400
Online: Web Site
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