Cegedel
Cegedel S.A., was a Luxembourg company that distributed electricity. It operated under a concession written into the law under which it was formed, and distributed 70% of the electricity used in the country, amounting to 6,616 GWh.
The Government of Luxembourg owned one-third of the company, which made it the largest single shareholder, followed by the 30.4% stake held by Luxempart-Energie, with smaller stakes held by SNCI and Electrabel. Shares of the company were listed on the Luxembourg Stock Exchange, of which it was one of the ten members of the main index, the LuxX Index
As a result of the European Union policy of liberalization of the energy market, Enovos Gruppe acquired Cegedel SA along with Soteg SA, the gas distributor, in 2009, and created a Luxembourg subsidiary, Creos Luxembourg to distribute both gas and electricity.Footnotes
