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'''Electrabel''' is a [[Belgium]]-based [[energy]] [[corporation]], with [[power plant]]s and [[customer]]s across [[Europe]].
'''Electrabel''' is a [[Belgium]]-based [[energy]] [[corporation]], with [[power plant]]s and [[customer]]s across [[Europe]].


Electrabel was founded in 1991 when ''Intercom'', ''Ebes'' and ''Unerg'' [[merged]] to form the present company. For a long time the [[France|French]] company [[Suez (company)|Suez]] held a slight majority stake in Electrabel, but in 2005 that stake increased to 96.7%. The rest of the stock remained tradable at [[Euronext]], but Electrabel was removed from the [[BEL20]] as a result. Suez finally completed a squeeze-out of the remaining shareholders on 10 July 2007, when the company was [[Delisting (stock)|delisted]] from the stock exchange. Following Suez's 2008 merger with [[Gaz de France]], Electrabel is now a [[subsidiary]] of [[GDF Suez]]. Electrabel has a joint venture with the Italian [[Public utility|utility]] "Acea".
Electrabel was founded in 1990 when ''Intercom'', ''Ebes'' and ''Unerg'' [[merged]] to form the present company. For a long time the [[France|French]] company [[Suez (company)|Suez]] held a slight majority stake in Electrabel, but in 2005 that stake increased to 96.7%. The rest of the stock remained tradable at [[Euronext]], but Electrabel was removed from the [[BEL20]] as a result. Suez finally completed a squeeze-out of the remaining shareholders on 10 July 2007, when the company was [[Delisting (stock)|delisted]] from the stock exchange. Following Suez's 2008 merger with [[Gaz de France]], Electrabel is now a [[subsidiary]] of [[GDF Suez]]. Electrabel has a joint venture with the Italian [[Public utility|utility]] "Acea".


==Power plants==
==Power plants==

Revision as of 14:42, 27 February 2009

Electrabel
Company typeWholly-owned subsidiary
IndustryEnergy
Founded1990
HeadquartersBrussels, Belgium
Key people
Jean-Pierre Hansen, CEO
Productselectricity
natural gas
water
Revenue€ 15.218 billion (2007)
OwnerGDF Suez
Number of employees
14,999 (2007)
Websitewww.electrabel.com

Electrabel is a Belgium-based energy corporation, with power plants and customers across Europe.

Electrabel was founded in 1990 when Intercom, Ebes and Unerg merged to form the present company. For a long time the French company Suez held a slight majority stake in Electrabel, but in 2005 that stake increased to 96.7%. The rest of the stock remained tradable at Euronext, but Electrabel was removed from the BEL20 as a result. Suez finally completed a squeeze-out of the remaining shareholders on 10 July 2007, when the company was delisted from the stock exchange. Following Suez's 2008 merger with Gaz de France, Electrabel is now a subsidiary of GDF Suez. Electrabel has a joint venture with the Italian utility "Acea".

Power plants

The larger power plants that Electrabel owns are: