SPE-Luminus takes on EDF Belgium sales
SPE-Luminus is to strengthen its position on the Belgian electricity market by taking over the sales activities of EDF Belgium.
The two companies have reached an agreement under which EDF Belgium will sell its commercial activities to SPE-Luminus, Belgium's second-largest energy company. The deal will help the EDF Group to consolidate its activities in Belgium, where it is active in electricity generation and gas and electricity sales.
EDF owns 63.5 per cent of SPE-Luminus. The French firm says that the integration of EDF Belgium's sales activities with those of SPE-Luminus is a "first significant realisation of the existing synergies" between the two firms.
EDF Belgium sells electricity and gas to industrial and commercial consumers in Belgium with a portfolio of around 5,000 customers. SPE-Luminus sells electricity and gas to around 1.6 million residential and commercial customers.
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