EDF Luminus and ATS finalise their agreement

On 24 April, EDF Luminus and ATS announced that EDF Luminus would acquire a majority stake in ATS NV. This agreement, aimed at turning EDF Luminus into a leader in the field of energy services for industrial customers and customers in the public and tertiary sectors in Belgium, has now been finalised.

EDF Luminus and ATS have concluded the agreement whereby EDF Luminus acquires a majority stake in ATS. Announced on 24 April, the operation first had to be approved by the relevant competition authorities.

 

Based in Merelbeke, ATS has 600 employees and a turnover exceeding € 100 million, and provides customers from the industrial, tertiary and public sectors with a wide range of technical solutions. In addition to the distribution of electrical equipment, ATS also provides integrated electricity and heating solutions: design and engineering, installation and maintenance of industrial electric networks, automation projects, industrial refrigeration, fire detection and hydraulic systems.

 

Together, EDF Luminus and ATS will be able to assist customers from the industrial, tertiary and public sectors even better thanks to a range of services expanded to include energy efficiency and optimisation solutions. This holding in ATS fits in with EDF Luminus’s long-term strategy which in 2014 resulted in two cooperation agreements with Rami Services and Dauvister, two companies providing energy services to private individuals and SMEs.  After all, EDF Luminus aspires to become the leading energy partner throughout Belgium.

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We produce electricity and provide energy as well as energy services. We are the number one in onshore wind energy and hydropower in Belgium. We play a central role in securing energy supplies in Belgium thanks to several natural gas power plants that enable us to respond to the variable character of solar and wind energy. With an installed capacity of 2,160 MW in August 2019, Luminus represents about 10% of the total installed capacity in Belgium. We sell electricity, natural gas and energy services to approximately 2 million private and corporate clients, accounting for a commercial market share of about 20%. We invest in future energy challenges by offering innovative solutions to clients in the field of energy efficiency and by keeping focusing on sustainable energy development. We have almost 2,000 employees. The majority of these people are fully dedicated to the development of energy efficiency services and renewable energy. For the seventh year in a row, our company is among the 64 companies that have been elected Top Employer in Belgium. We have strong ties with local communities and boast the expertise of the EDF Group, one of the world leaders in the energy industry. More information is available on www.luminus.be

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