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–June 2020
The company welcomed circa 3,000 new customers during the first six months of the year, reaching approximately 965,000 at the end of the period
A total of 13.7 TWh (13.9) electricity was distributed to our customers
Net sales amounted to SEK 3,455 million (3,662)
Operating profit amounted to SEK 859 million (1,161)
Free cash flow totalled SEK 531 million (1,346)
Capital expenditure, amounted to 1,391 SEK million (1,266)