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.
Home Page: www.ren.pt
Av. dos Estados Unidos da América, 55
Lisbon,
1749-061
Portugal
Phone:
351 21 001 3500
Officers
| Name | Title |
|---|---|
| Mr. Rodrigo Jorge de Araújo Costa | Chairman of the Board & CEO |
| Mr. Gonçalo João Figueira Morais Soares | CFO & Executive Director |
| Mr. João Caetano Carreira Faria Conceição | COO & Executive Director |
| Nuno Ribeiro | Manager of Investment |
| Ms. Brígida Palma | Manager of Control, Accounting & Tax |
| Zhang Xin | Chief Technical Officer |
| Ms. Madalena Garrido | Director of Investor Relations |
| Ms. Marta Almeida Afonso | Manager of Legal Services & Company Secretary |
| Ana Margarida Ferreirinha da Silva Baptista Moreira Rato | Head of Communications & Sustainability |
| Teresa Barreiros | Manager of Human Resources |
Exchange: LS
Country: PT : Portugal
Currency: Euro (€)
| GIC Sector: | Utilities |
|---|---|
| GIC Group: | Utilities |
| GIC Industry: | Multi-Utilities |
| GIC Sub-Industry: | Multi-Utilities |
| Forward PE: | 14.0252 |
|---|---|
| Trailing PE: | 9.54 |
| Price-to-Book MRQ: | 1.0869 |
| Price-to-Sales TTM: | 1.6574 |
| IPO Date: | 2007-07-10 |
| Fiscal Year End: | December |
| Full Time Employees: | 758 |