News

Essent moves towards more transparency on the Dutch energy market

Essent is the first energy company in the Netherlands to achieve greater transparency in the Dutch energy market. From today, Essent will make the total free capacity of its power stations, which is directly available, visible to everybody on an hourly basis on www.essent.nl/energielive.

But that is not all. In the coming months, Essent will substantially increase the data it makes available. Thus the current output from all the larger power plants and even data about planned and unplanned production restrictions as a result of revisions, servicing or other outages will become available.

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Changes on the Executive Board of Essent

- Huib Morelisse, Chief Technology Officer at Essent, to leave RWE Group
- Dr. Nina Skorupska appointed as successor

Huib Morelisse, currently Chief Technology Officer (CTO) of Dutch energy company Essent N.V., has decided to leave the RWE Group on 31 March 2010 to pursue other career opportunities. Before being appointed as CTO at Essent when RWE acquired the company in 2009, Morelisse was CEO of RWE Energy Nederland, having joined the RWE Group in 2002.

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Essent and RWE complete transaction

- 100% of Essent’s shares acquired by RWE
- Strong commitment to investments in the Netherlands

Essent N.V. and RWE AG today completed the transaction they announced on 12 January 2009. Welcoming the Dutch company to the RWE Group, Juergen Grossmann, CEO of RWE AG, said: “This truly European partnership is a commitment to our company’s strategy in our core market: sustainable growth and innovative, climate-friendly power generation to better serve our customers. Together with Essent, we have even more energy to lead.” And he added: “We are extremely pleased with this addition to the RWE family. RWE and Essent make an ideal pair.”

Michiel Boersma, outgoing CEO of leading Dutch utility Essent, stated: “We found the best possible partner for Essent in terms of commitment towards a more sustainable future and financial power needed for ongoing investments in the Netherlands and Belgium. All of Essent’s stakeholders will benefit from this strong partnership.”

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