Company Overview
REN - Redes Energéticas Nacionais, SGPS, S.A. is a leading energy infrastructure company in Portugal, specializing in the transmission of electricity and natural gas. Founded in 1994 and headquartered in Lisbon, REN operates through its subsidiaries across multiple sectors.
Business Segments
- Electricity and Gas: Manages national transmission networks for electricity and natural gas, including import/export activities.
- Telecommunications: Operates a dedicated telecommunications network supporting energy infrastructure.
Key Operations
- Transmission and transformation of electricity in Portugal and Chile.
- Management of liquefied natural gas (LNG) terminals and regasification facilities.
- Underground natural gas storage development and maintenance.
- Investment in energy assets, shares, and strategic partnerships.
- Provision of consulting, IT, and business management services.
Infrastructure Highlights (as of December 31, 2023)
- Electricity Network: 9,409 km of line circuits, 70 transformer substations, and 17 switching stations.
- Gas Network: 1,375 km of high-pressure pipelines, 66 junction stations, and 85 gas metering stations.
Innovation and Sustainability
REN actively explores renewable energy opportunities, including a pilot project for ocean wave energy production, and emphasizes sustainable energy solutions.