REN - Redes Energéticas NacionaisCompany Review & Valuation
About REN - Redes Energéticas Nacionais, SGPS, S.A.
REN - Redes Energéticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. It operates through two segments, Electricity and Gas; and Telecommunications. The company operates as a national electricity transmission network; purcha… Show more ses, sells, imports, and exports electricity and natural gas; manages a concession to operate a pilot area for the production of electric energy from ocean waves; and operates a telecommunications network. It also operates liquefied natural gas terminal maintenance and regasification facilities; manages projects and ventures in the natural gas sector; provides underground storage development, maintenance, and operation services; offers natural gas transport operator and management services; distributes of natural gas; and commercializes energy in the form of liquefied petroleum gas, propane, or other, as well as provides engineering and consultancy services in the energy sector. The company operates national electricity transmission network with 8,907 kilometers in lines, 68 substations, and 14 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. REN - Redes Energéticas Nacionais, SGPS, S.A. was founded in 1994 and is headquartered in Lisbon, Portugal. Show less