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Logo for REN - Redes Energeticas Nacionais SGPS S.A

Q3 2024

REN - Redes Energeticas Nacionais
Logo for REN - Redes Energeticas Nacionais

Q3 2024

15 Nov, 2024
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26 Jul, 2024
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Redes Energéticas Nacionais SGPS S.A. (REN) is a prominent utility company based in Portugal, primarily engaged in the energy sector. Founded in 1994, REN plays a critical role in the country's energy infrastructure, acting as the concession holder for Portugal's two main energy networks: the National Electricity Transmission Grid (RNT) and the National Natural Gas Transportation Grid. The company's responsibilities include planning, construction, operation, maintenance, and global technical management of these grids and associated facilities. REN is committed to ensuring an uninterrupted and stable supply of energy, guaranteeing equal grid access to all market participants, including consumers, generators, and distributors. REN extends its services to the liquefied natural gas (LNG) sector, owning and operating an LNG regasification terminal in Sines, Portugal. This facility is integral to the storage and transportation of LNG, further diversifying REN's energy solutions. The company also ventures into telecommunications through its subsidiary, Rentelecom, offering a range of services such as infrastructure management, managed services, consultancy, and the rental of fiber optic cables. The company is headquartered in Lisbon, Portugal, and its shares are listed on Euronext Lisbon.