Commissioner Piebalgs welcomes the entry of a
supermarket chain as a new electricity supplier in the Belgian market
Energy Commissioner, Andris Piebalgs has welcomed on 29 May the launch
of Carrefour Energie EcoPlanet, a program that will make the supermarket chain a
new provider in the Belgian electricity market. The Carrefour Group, one of the
Partners of the Sustainable Energy Europe Campaign, is the first European
retailer to sell electricity to final consumers.
So reads the latest press release from the European Commission. Don't they know about the Lithuanian supermarket chain that bought the Western Electricity Distribution Network in Lithuania? Since Piebalgs comes from next door Latvia, you would think he knew, at least.
On the other hand the shareholdings have got more tortuous, since the days when Western Electricity Networks just went by the name of Vakaru Skirstomieji Tinklai (VST).
At that time, in a privatisation, the government shareholding was bought by VP Market, owners of the Maxima supermarket chain based in Lithuania but now expanded throughout the Baltics. VP Market is the company which brought the Acropolis Hypermarket to Vilnius.
Then in 2004 VP Market set up the company NDX Energija to operate VST and has been buying up the other 20% of shares held by small shareholders, including some originally held by Sweden's Vattenfall and then by Germany's E.ON Energie.
Since then, a new company called LEO.LT (Lithuanian Electricity Organisation) has been set up by the government owned electricity companies and NDX Energija in order to make plans for a new nuclear power station.
It's a long way from the supermarket business.
Technorati Tags: electricity, supermarket chains, Belgium, Carrefour, Lithuania