Ellevio AB (publ) is a Swedish limited liability company whose registered office is in Stockholm. We are the second largest electricity DSO (Distribution System Operator) in Sweden in terms of customers, representing approximately 17.5 per cent of the market.
The company is a fully regulated company operating in Sweden, an AAA/Aaa/AAA rated sovereign. It is owned by OMERS Infrastructure, former Borealis Infrastructure, (50 percent), the Swedish Third National Pension Fund (20 percent), Folksam (17.5 percent) and the Swedish First National Pension Fund (12.5 percent).
Ellevio’s customers are spread across the west coast of Sweden, mid-Sweden and the Stockholm area, with the majority of customers in Stockholm.
Key financials January–December 2019
The company welcomed circa 5,000 new customers during the year, reaching approximately 962,000 at the end of 2019
Distributed electricity amounted to a total of 26.5 TWh (27.3)
Net sales amounted to SEK 6,709 million (6,974)
Operating profit amounted to SEK 1,649 million (2,067)
Free cash flow totalled SEK 962 million (2,065)
Capital expenditure, including asset acquisitions, amounted to SEK 4,000 million (2,870)