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Cegedel

Cegedel S.A.
Public
Industry Electricity distribution
Successor Creos Luxembourg SA
Founded 27 March 1928
Defunct 2009
Headquarters 2, rue Thomas Edison, Strassen, Luxembourg
Area served
Luxembourg
Key people
Roland Michel, Chairman
Romain Becker, CEO
Revenue 331.2m
€73.9m
Profit €75.3m
Number of employees
500
Website http://www.cegedel.lu

Cegedel S.A. (until 17 May 1997 the Compagnie Grand-Ducale d'Électricité du Luxembourg (English: Grand Ducal Electricity Company of Luxembourg)), 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 (12%) and Electrabel (8%). Shares of the company were listed on the , of which it was one of the ten (and one of the seven Luxembourg-based) members of the main , 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 SA to distribute both gas and electricity.



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