Atel Energia and Hispaelec together sell about three TWh of electricity per annum, which equates to the energy consumption of approximately one million households. Atel Energía and Hispaelec manage a portfolio of about 800 customers in the high voltage segment from all sectors of industry and service providers.
The acquisition of Hispaelec by Atel Energy will take place in December 2009. With the acquisition, Alpiq has strengthened its position in Spain as an independent electricity retailer.
Atel Energy has been active in the Spanish electricity business for the last three years. It sells electricity to medium-sized and large industrial companies as well as service providers such as underground railway operators, telecommunications companies, financial institutes, and distribution chains throughout Spain.
