VKG Elektrivõrgud: Difference between revisions
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{{Short description|Company based in Estonia}} |
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{{Article for deletion/dated|page=VKG Elektrivõrgud|timestamp=20110707145615|year=2011|month=July|day=7|substed=yes|help=off}} |
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{{copyedit|date=June 2011}} |
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{{Infobox company |
{{Infobox company |
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| name = VKG Elektrivõrgud |
| name = VKG Elektrivõrgud |
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| logo = |
| logo = VKG EV logo.png |
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| caption = |
| caption = |
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| type = [[Privately held company|Private]] |
| type = [[Privately held company|Private]] |
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| traded_as = |
| traded_as = |
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| fate = |
| fate = |
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| location_country = [[Estonia]] |
| location_country = [[Estonia]] |
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| locations = |
| locations = |
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| area_served = |
| area_served = Narva, [[Narva-Jõesuu]], [[Sillamäe]] |
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| key_people = |
| key_people = Ivo Järvala (CEO)<ref name=BC/> |
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| industry = Utility |
| industry = Utility |
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| products = |
| products = |
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| services = Electricity distribution and retail |
| services = Electricity distribution and retail |
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| revenue = |
| revenue = 26.9 million {{euro}} (2022) |
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| operating_income = |
| operating_income = |
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| net_income = |
| net_income = |
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| equity = |
| equity = |
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| owner = |
| owner = |
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| num_employees = |
| num_employees = 34 |
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| parent = |
| parent = BaltCap Infrastructure Fund II |
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| divisions = |
| divisions = |
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| subsid = |
| subsid = |
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| intl = |
| intl = |
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}} |
}} |
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'''VKG Elektrivõrgud''' (VKG EV |
'''VKG Elektrivõrgud''' ('''VKG EV''', former name: '''Narva Elektrivõrgud''') is an electricity distribution company in [[Estonia]].<ref name=BC> |
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{{cite web |
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|url= https://www.baltcap.com/baltcap-acquired-the-second-largest-electricity-distribution-operator-in-estonia/ |
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|title= BaltCap acquired the second largest electricity distribution operator in Estonia |
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|work= BaltCap |
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|access-date=2024-02-27}} |
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</ref> VKG Elektrivõrgud is the second-largest power distribution company in Estonia, after Elektrilevi, a subsidiary of [[Eesti Energia]].<ref name=inspectorate/> |
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==History== |
== History == |
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The history of the company reaches back to 1952 when it was established as a unit of Eesti Energia.<ref name=bw> |
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{{cite web |
{{cite web |
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|url= http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=26749197 |
|url= http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=26749197 |
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|archive-url= https://web.archive.org/web/20121014114316/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=26749197 |
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|url-status= dead |
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|archive-date= 14 October 2012 |
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|title= OU VKG Elektrivorgud |
|title= OU VKG Elektrivorgud |
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|work= [[Bloomberg BusinessWeek]] |
|work= [[Bloomberg BusinessWeek]] |
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| |
|access-date=2011-07-07}} |
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</ref> |
</ref> It was established on 1 January 1993 as an independent company Narva Elektrivõrk, a subsidiary of Eesti Energia. Narva Elektrivõrk separated from Eesti Energia in 1997 and in 1998–1999 was sold to Startekor, a company controlled by [[Cinergy Corporation]].<ref name=psiru> |
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{{cite web |
{{cite web |
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|url= http://www.psiru.org/reports/9910-E-U-Prob.doc |
|url= http://www.psiru.org/reports/9910-E-U-Prob.doc |
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|title= Electricity restructuring, privatisation and liberalisation: some international experiences |
|title= Electricity restructuring, privatisation and liberalisation: some international experiences |
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|work |
|work = Public Services International Research Unit. [[University of Greenwich]] |
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| first = David | last = Hall |
| first = David | last = Hall |
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|page = 13 |
|page = 13 |
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|format = DOC |
|format = DOC |
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| |
|date=October 1999 |
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| |
|access-date=2011-07-07}} |
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</ref><ref name=eta050599> |
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</ref> In 2002–2003, the company was acquired by Sthenos Group and ECE European City Estates AG. In May 2006, Narva Elektrivõrk, became a subsidiary of Viru Keemia Grupp and was renamed VKG Elektrivõrgud. |
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{{cite news |
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|url= http://nl.newsbank.com/nl-search/we/Archives?p_product=NewsLibrary&p_multi=BBAB&d_place=BBAB&p_theme=newslibrary2&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=0F99F7F72931A4B8&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM |
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|title= Contract signed to sell Narva power grid to US company |
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|agency = ETA |
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|date = 1999-05-05 |
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|access-date=2011-07-07 |
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|url-access= subscription |
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}} |
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</ref><ref name=ap180699> |
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{{cite news |
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|url= http://www.aripaev.ee/1482/free/summary.html |
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|title= Cinergy prefers private grids |
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|newspaper = [[Äripäev]] |
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|date = 1999-06-18 |
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|access-date=2011-07-07}} |
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</ref><ref name=pm120406> |
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{{cite news |
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|url= http://wwx.postimees.ee/160706/esileht/majandus/197937.php |
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|title= Eesti Energia huvitub Narva Elektrivõrgust |
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|newspaper = [[Postimees]] |
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|first = Aivar | last = Reinap |
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| date = 2006-04-12 |
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|access-date=2011-07-09 |
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|language = et |
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|trans-title=Eesti Energia is interested in Narva Elektrivõrgud}} |
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</ref> In 2002–2003, the company was acquired by Sthenos Group and ECE European City Estates AG.<ref name=ec> |
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{{cite web |
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|url= http://www.ece.at/en/narva_en.htm |
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|title= Narva Elektrivõrk – Estonia |
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|publisher = ECE European City Estates AG |
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|year = 2003 |
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|access-date=2011-07-07}} |
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</ref> In July 2006, Narva Elektrivõrk became a subsidiary of Viru Keemia Grupp and was renamed VKG Elektrivõrgud.<ref name=pm010706> |
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{{cite news |
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|url= http://www.rooma.postimees.ee/010706/esileht/majandus/207756.php |
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|title= Viru Keemia Grupp ostis Narva Elektrivõrgud |
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|newspaper = [[Postimees]] |
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|first = Aivar | last = Reinap |
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| date = 2006-07-01 |
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|access-date=2011-07-09 |
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|language = et |
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|trans-title=Viru Keemia Grupp bought Narva Elektrivõrgud}} |
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</ref><ref name=pm140706> |
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{{cite news |
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|url= http://www.postimees.ee/241206/esileht/majandus/209469.php |
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|title= VKG ja Narva Elektrivõrgu koondumisele anti roheline tuli |
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|newspaper = [[Postimees]] |
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|first = Peeter | last = Kuimet |
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| date = 2006-07-14 |
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|access-date=2011-07-09 |
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|language = et |
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|trans-title=Green light for the concentration of VKG and Narva Elektrivõrgud}} |
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</ref><ref name=ap030706> |
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{{cite news |
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|url= http://www.ap3.ee/?PublicationId=31503ED6-39D4-4163-9D98-74AA1E3959CE&code=3270/uud_uudidx_327006 |
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|title= VKG ostis kaks Narva elektrifirmat |
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|newspaper = [[Äripäev]] |
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|date = 2006-07-03 |
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|access-date=2011-07-09 |
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|language = et |
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|trans-title=VKG bought two electric companies in Narva}} |
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</ref> |
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In January 2024, VKG Elektrivõrgud was acquired by BaltCap Infrastructure Fund II (BInF II).<ref name=BC/> |
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==Operations== |
== Operations == |
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VKG Elektrivõrgud distributes and sells electricity, and provides operational management services for company power systems |
VKG Elektrivõrgud distributes and sells electricity, and also provides operational management services for company power systems. |
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The company's service area is in [[Ida-Viru County]], including [[Narva]], [[Narva-Jõesuu]], [[Sillamäe]], [[Vaivara Parish]] and Viivikonna district of [[Kohtla-Järve]]. It has 35,000 customers and an annual sales of 262 GWh of electricity.<ref name=inspectorate> |
The company's service area is in [[Ida-Viru County]], including [[Narva]], [[Narva-Jõesuu]], [[Sillamäe]], [[Vaivara Parish]] and Viivikonna district of [[Kohtla-Järve]]. It has 35,000 customers and an annual sales of 262 GWh of electricity.<ref name=inspectorate> |
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|title= Estonian Electricity and Gas Market Report |
|title= Estonian Electricity and Gas Market Report |
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|location = Tallinn |
|location = Tallinn |
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|format = PDF |
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|publisher= Energy Market Inspectorate |
|publisher= Energy Market Inspectorate |
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|year =2007 |
|year =2007 |
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| |
|access-date=2011-07-07}} |
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</ref> |
</ref> |
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== |
== See also == |
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{{Portal|Estonia|Energy}} |
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* [[Energy in Estonia]] |
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== References == |
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{{Reflist}} |
{{Reflist}} |
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{{DEFAULTSORT:VKG Elektrivorgud}} |
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1. [http://www.openthesis.org/documents/Energy-Planning-Models-Analysis-Their-596678-s2.html Energy Planning Models Analysis and Their Adaptability for Estonian Energy Sector] |
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[[Category:Electric power companies of Estonia]] |
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[[Category:Narva]] |
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[[Category:Energy companies established in 1993]] |
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[[Category:Estonian companies established in 1993]] |
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2. [http://www.nordicpm.eu/en/network-operator Estonian network operators] |
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3. [http://www.metering.com/portals/add_grup/articles/10984 Medium voltage communications - Reality or myth?] |
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4. [http://www.addgrup.com/newss-en/?page=40&desc=1&num=20 ADDAX IMS PILOT PROJECT IN ESTONIA] |
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5. [http://meterpedia.com/mwp/2009/10/23/implementation-by-vkg-elektrivorgud-ou-in-estonia/ Smart Metering Implementation by VKG Elektrivõrgud OÜ in Estonia] |
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6. [http://www.investinnarva.ee/main.php/mod/site/act/nav/id/57 Narva in Figures] |
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==External links== |
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*[http://www.vkgev.ee Official website] |
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{{Use dmy dates|date=June 2011}} |
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[[Category:Power companies of Estonia]] |
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[[Category:Narva]] |
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{{ |
{{Estonia-company-stub}} |
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{{energy-company-stub}} |
Latest revision as of 15:51, 20 August 2024
Company type | Private |
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Industry | Utility |
Predecessor | Narva Elektrivõrgud |
Founded | 1 January 1993 |
Headquarters | , |
Area served | Narva, Narva-Jõesuu, Sillamäe |
Key people | Ivo Järvala (CEO)[1] |
Services | Electricity distribution and retail |
Revenue | 26.9 million € (2022) |
Number of employees | 34 |
Parent | BaltCap Infrastructure Fund II |
Website | www |
VKG Elektrivõrgud (VKG EV, former name: Narva Elektrivõrgud) is an electricity distribution company in Estonia.[1] VKG Elektrivõrgud is the second-largest power distribution company in Estonia, after Elektrilevi, a subsidiary of Eesti Energia.[2]
History
[edit]The history of the company reaches back to 1952 when it was established as a unit of Eesti Energia.[3] It was established on 1 January 1993 as an independent company Narva Elektrivõrk, a subsidiary of Eesti Energia. Narva Elektrivõrk separated from Eesti Energia in 1997 and in 1998–1999 was sold to Startekor, a company controlled by Cinergy Corporation.[4][5][6][7] In 2002–2003, the company was acquired by Sthenos Group and ECE European City Estates AG.[8] In July 2006, Narva Elektrivõrk became a subsidiary of Viru Keemia Grupp and was renamed VKG Elektrivõrgud.[9][10][11] In January 2024, VKG Elektrivõrgud was acquired by BaltCap Infrastructure Fund II (BInF II).[1]
Operations
[edit]VKG Elektrivõrgud distributes and sells electricity, and also provides operational management services for company power systems.
The company's service area is in Ida-Viru County, including Narva, Narva-Jõesuu, Sillamäe, Vaivara Parish and Viivikonna district of Kohtla-Järve. It has 35,000 customers and an annual sales of 262 GWh of electricity.[2]
See also
[edit]References
[edit]- ^ a b c "BaltCap acquired the second largest electricity distribution operator in Estonia". BaltCap. Retrieved 27 February 2024.
- ^ a b "Estonian Electricity and Gas Market Report". Tallinn: Energy Market Inspectorate. 2007. Retrieved 7 July 2011.
- ^ "OU VKG Elektrivorgud". Bloomberg BusinessWeek. Archived from the original on 14 October 2012. Retrieved 7 July 2011.
- ^ Hall, David (October 1999). "Electricity restructuring, privatisation and liberalisation: some international experiences" (DOC). Public Services International Research Unit. University of Greenwich. p. 13. Retrieved 7 July 2011.
- ^ "Contract signed to sell Narva power grid to US company". ETA. 5 May 1999. Retrieved 7 July 2011.
- ^ "Cinergy prefers private grids". Äripäev. 18 June 1999. Retrieved 7 July 2011.
- ^ Reinap, Aivar (12 April 2006). "Eesti Energia huvitub Narva Elektrivõrgust" [Eesti Energia is interested in Narva Elektrivõrgud]. Postimees (in Estonian). Retrieved 9 July 2011.
- ^ "Narva Elektrivõrk – Estonia". ECE European City Estates AG. 2003. Retrieved 7 July 2011.
- ^ Reinap, Aivar (1 July 2006). "Viru Keemia Grupp ostis Narva Elektrivõrgud" [Viru Keemia Grupp bought Narva Elektrivõrgud]. Postimees (in Estonian). Retrieved 9 July 2011.
- ^ Kuimet, Peeter (14 July 2006). "VKG ja Narva Elektrivõrgu koondumisele anti roheline tuli" [Green light for the concentration of VKG and Narva Elektrivõrgud]. Postimees (in Estonian). Retrieved 9 July 2011.
- ^ "VKG ostis kaks Narva elektrifirmat" [VKG bought two electric companies in Narva]. Äripäev (in Estonian). 3 July 2006. Retrieved 9 July 2011.