APX Group

APX Group

Infobox Company
company_name = APX B.V.
company_
company_type = BV (Limited liability)
foundation = 1999
location = Amsterdam, the Netherlands
industry = Energy Trade
products = Energy Exchange Markets
revenue = EUR 41.4 million (2006)
operating_income =
net_income = EUR 8.8 million (2006)
num_employees =
homepage = [http://www.apxgroup.com/ www.apxgroup.com]

The APX Group is a holding company owning and operating five energy exchange markets in the Netherlands, the United Kingdom and Belgium:
*APX Power UK
*APX Power NL
*APX Gas UK
*APX Gas NL
*APX gas ZEE (after the port town of Zeebrugge in Belgium).

APX Group itself is owned by TenneT Holding, the Dutch transmission system operator and gascompany N.V. Nederlandse Gasunie. Both companies are owned by the state of the Netherlands, which indirectly makes APX Group 100% state owned as well.

History

* May 1999: Trading starts at the (then called) "Amsterdam Power Exchange" or "APX", the first electricity exchange market in continental Europe.
* May 2001: TenneT TSO acquires full ownership of APX.
* 2003: APX expands towards the UK by acquisition of Gas exchange EnMO and electricity exchange APX-UK (including the brand name APX for all European countries).
* 2004: APX acquires UK power exchange UKPX; Amsterdam Power Exchange renamed APX.
* February 2005: Gas exchange markets "APX Gas NL" and "APX gas ZEE" are launched.
* January 2006: TenneT sells 25.5% of shares in APX Group to N.V. Nederlandse Gasunie.

External links

* [http://www.apxgroup.com APX Group official website]


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