Portugal
· Delayed Price · Currency is EUR RENE Company Description
REN - Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal.
It operates in two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purchases, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area to produce electric energy from ocean waves; and operates a telecommunications network.
It also operates liquefied natural gas terminal maintenance and regasification facilities; and manages projects and ventures in the natural gas sector.
In addition, the company provides underground storage development, maintenance, and operation services; natural gas transport and management services; and distributes natural gas, as well as communication and sustainability, marketing, business management, business development and consulting, and IT project services.
Further, it invests in assets, shares, companies, and associations; transmits and transforms electricity in Chile, as well as participates, finances, collaborates, and conducts management of companies; and manages back offices.
As of December 31, 2023, it operated national electricity transmission system with 9,409 kilometers of line circuits, 70 transformer substations, and 17 switching and transition stations; and national natural gas transmission network with 1,375 kilometers of high-pressure gas pipelines, 66 junction stations for pipeline branching, 45 block valve stations, 5 T-branch interconnection stations, 85 gas pressure regulating and metering stations, and 2 custody transfer stations.
The company was founded in 1994 and is headquartered in Lisbon, Portugal.
| Country | Portugal |
| Founded | 1994 |
| Industry | Utilities - Diversified |
| Sector | Utilities |
| Employees | 743 |
| CEO | Rodrigo de Araújo Costa |
Contact Details
Address: Avenida dos Estados Unidos da América, 55 Lisbon, 1749-061 Portugal | |
| Phone | 351 21 001 3500 |
| Website | ren.pt |
Stock Details
| Ticker Symbol | RENE |
| Exchange | Euronext Lisbon |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| ISIN Number | PTREL0AM0008 |
| SIC Code | 4931 |
Key Executives
| Name | Position |
|---|---|
| Miguel Nuno Santos Almeida | Chief Executive Officer and Vice-Chairman |
| Jorge Filipe Pinto Sequeira dos Santos Graca | Chief Technology Officer and Executive Director |
| Filipa de Sousa Taveira da Gama Santos Carvalho | Chief Compliance Officer, CCO and Executive Director |
| Manuel Antonio-Neto-Portugal-Ramalho Eanes | Executive Director |
| Luis Moutinho do Nascimento | Executive Director |
| Daniel Lopes Beato | Executive Director |
| Jose Alexandre Koch Ferreira | Chief Financial Officer and Executive Director |
| Maria Joao Hewitt Carrapato Moura Landau | Head of the Investor Relations and Sustainability |
| Duarte Sousa Lopes | Chief Information Security Officer |