Dutch energy supplier Essent NV and Belgian energy company Luminus today entered into an agreement regarding the sale of Essent’s Belgian commodity supply business. The parties have agreed not to disclose the purchase price.
The transaction is subject to the approval of the European Commission and is expected to close during Summer 2021. Essent is currently supplying more than 500,000 electricity and gas customers in Belgium.
Essent is a 100-percent subsidiary of E.ON SE, Luminus is a 68.6%-subsidiary of EdF S.A., the remaining stake is held by municipalities and regional bodies.
This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group Management and other information currently available to E.ON. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to align them to future events or developments.