REN-Redes Energeticas Nacionais Logo

REN-Redes Energeticas Nacionais

ISIN: PTREL0AM0008 | Ticker: RN4

About REN-Redes Energeticas Nacionais

Company Description

REN - Redes Energéticas Nacionais operates in two major business areas:

- The transmission in very high voltage electricity and overall technical management of the National Electricity System;
- The transport of high-pressure natural gas and overall technical management of the National Natural Gas System, guaranteeing the reception, storage and regasification of LNG and underground storage of natural gas.

As a result of the country's commitment to renewable energy, the Portuguese government granted REN the concession to operate a pilot area for generating electricity from sea waves to Enondas - Energia das Ondas. S.A., which is 100% owned by REN.

REN also operates in the telecommunications business via RENTELECOM, which includes a range of services, such as infrastructure, managed services and consultancy.

Year founded

1994

Served area

Europe

Headcount

697

Shareholder information

Shares outstanding

667,191,262

IPO

July 9, 2007

Stock exchange(s)

Euronext Lissabon

Contact

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