Electrabel

Infobox_Company
company_name = Electrabel
company_
company_type = Wholly-owned subsidiary
company_slogan =
foundation = 1991
location = Brussels, Belgium
key_people = Jean-Pierre Hansen, CEO
num_employees = 15,794 (2005)
owner = GDF Suez
industry = Energy
products = electricity
natural gas
water
revenue = € 12.218 billion (2005)
homepage = [http://www.electrabel.com/ www.electrabel.com]

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

Electrabel was founded in 1991 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:
* The "Eemscentrale" in the Netherlands, a combined cycle gas turbine plant with a generation capacity of 1705 MW.
* Nuclear Plant Doel and Nuclear Plant Tihange in Belgium, both nuclear power plants with a capacity of 2736.9 MW and 2423.1 MW respectively.
* The "Coo-Trois-Ponts", a pumped storage hydroelectricity plant in Belgium, with a total capacity of 1307 MW.
* "Dunamenti" in Hungary, a thermal power plant with a capacity of 1238.4 MW.