Unbundling of Essent completed

Arnhem, 1 July 2009 – From today Essent has also been legally split into a commercial production and supply business (Essent) and an independent network company (Enexis). Essent’s network division will now operate entirely independently under the name of Enexis Holding N.V.

The unbundling of Essent implements a decision of the General Shareholders’ Meeting held on 27 May 2009.

The legally required separation of Essent’s network activities from its commercial energy activities is now therefore complete. Essent’s network activities had already been split off for operational purposes under the name Enexis as from 1 January 2009.

About Essent

Essent is the largest energy company in the Netherlands and supplies electricity, gas and heat to domestic and business customers. Essent is active throughout the whole energy chain: from the production of energy to the supply to the end users. The environmental branch of the group processes waste into energy and residual currents. In 2008, Essent achieved a turnover of EUR 9.0 billion and a net result of EUR 887 million. Essent has more than 6,000 staff (FTE). The total production capacity of Essent's power plants and wind parks amounts to 6,000 Megawatts.

Published: 02 July 2009