Spain Market Unit,
managed by E.ON España
We’ve been in Spain less than two years but have already established a solid market position. With 3.4 GW of installed capacity, we're now the fourth-biggest power producer in Spain's ordinary-regime wholesale market and have a market share of about 5 percent. In 2010, the addition of a new 800 MW CCGT in Algeciras will increase our generation portfolio to 4.2 GW. On the infrastructure side, we operate a regulated distribution business that delivers electricity safely and reliably to 670,000 customer accounts. Our retail businesses supply electricity to 20,000 large and small business customers nationwide and to 580,000 regulated residential customers in northern Spain. Our objective is to build on these positions to become one of Spain's leading energy players. Madrid-based E.ON España is the lead company of our Spain market unit.
