Company fact sheet October 2016
Neas Energy A/S Skelagervej 1 9000 Aalborg CVR/VAT.: 20293195 Part of
Contents Executive summary
3
Portfolio3 Offices & Markets
4
An Energy Group
5
Bord of directors
5
Executives5 Organisation6 Financial highlights
7
Contact
9
Executive summary Neas Energy is an international energy asset management company owned by Centrica plc. Neas Energy provides physical and financial optimization of renewable and conventional energy assets operating on energy markets in Europe. Based on more than 15 years of experience from liberal energy markets, Neas Energy today has activities in all major energy markets in Europe and rank among the market leaders within physical balancing and trading of renewable- and combined heat and power generation for independent power producers in Europe. Neas Energy’s headquarters are located in Aalborg, Denmark and it has offices in London, Hamburg, Düsseldorf and Stockholm.
Portfolio
1,900 MW
7,700 MW
2.7 TWh
installed capacity Combined Heat and Power
installed capacity Renewables
Supply & large scale consumption
3
Offices & Markets M A R K E TS
N EW M A RKETS
STOCKHOLM
AALBORG (HQ)
HAMBURG
LONDON
DÜSSELDORF
4
An energy group Centrica plc is a UK based energy trading and service company. The company holds a broad variety of activities related to gas, oil and power. The group’s primary activities are centred round UK, Ireland, and North America, but the company has a global span. Centrica plc globally employs 39,000 and services 28 million customer accounts worldwide.
Centrica plc 100%
Layer of 4 100 % Centrica owned companies
Centrica Nederland BV 100%
Neas Energy A/S 100%
Neas Energy Ltd
Neas Fondsmæglerselskab A/S
Neas Energy GmbH
Utilitynorth A/S
Neas Energy d.o.o.
Neas Invest A/S
Board of Directors
Executives
The Board of Directors for Neas Energy A/S are:
The executives in Neas Energy A/S are:
Cassim Mangerah Jonathan Westby Stuart Dee Nick Webb Peter Holm
( Employee Representative )
Bo Lynge Rydahl Bjørn Skovhus Anders Bauditz Naja Lyngholm Skovlyk Ole Ibsen
Kenneth Skou
( Employee Representative )
Chief Executive Officer Chief Strategy Officer Chief Operating Officer Chief Implementation Officer Chief Financial Officer
5
Organisation chart Neas Energy
Executives
Strategic Business Development
Business Processes & Implementation
HR
Legal & Market Implementation
Communications
Compliance
Sales
Markets
Support
Nordic
Short Term Power Trading
Finance
Germany (subsidiary)
UK (subsidiary)
Gas Trading
Back Office
Structuring
Risk Management
Trading
IT-Development
Capital Management
IT-Operations
(subsidiary)
Financial highlights Neas Energy operates in all major European energy markets with largest exposure in the Nordic and German power markets. The level of activities in financial energy markets naturally depends on price development in our markets, whereas the activities in physical energy markets in terms of volumes and capacities under management do not directly depend on price fluctuations. Neas Energy’s financial development is characterised by considerable growth based on growing physical volumes and capacities under management, and resulting in sable growth in revenues and positive results.
Amounts in million EUR Income statement Revenue EBITDA Profit before tax Balance sheet Total assets Cash less bank loans Equity and subordinated loan capital Cash flow Operating activities Investment activities Financing activities Financial ratios Solvency ratio Average number of employees
2015
2014
2,734.7 26.5 18.6
1,500.4 18.2 14.3
261.1 96.1 105.4
192.0 25.2 58.1
38.6 -2.3 34.6
18.6 -2.3 -0.2
40.4% 243
30.2% 190
Currency rate of 7.45 DKK = 1,00 EUR
Annual report To view the Neas Energy’s annual reports please visit our website.
7
Equity + subordinated loan (LHS) Revenue (LHS)
t. EUR.
EBITDA (RHS)
Solvency ratio (RHS)
t. EUR.
Solvency ratio (RHS) 100%
3.000.000
30.000
100.000
2.700.000
27.000
90.000
90%
2.400.000
24.000
80.000
80%
2.100.000
21.000
70.000
70%
1.800.000
18.000
60.000
60%
1.500.000
15.000
50.000
50%
1.200.000
12.000
40.000
40%
900.000
9.000
30.000
30%
600.000
6.000
20.000
20%
300.000
3.000
10.000
10%
-
2012 A
2013 A
2014 A
2015 A
-
2012 A
2013 A
2014 A
2015 A
2015 - GWh managed
15,609 GWh
2014 - GWh managed
11,672 GWh
2013 - GWh managed
9,241 GWh
2012 - GWh managed
9,676 GWh
8
Contact For further information please contact Neas Energy Communications or Legal Rasmus Buhl Møller Head of Corporate Affairs E-mail:
[email protected] Phone: +45 99 39 58 04 Mobile: + 45 41 31 78 15
Anne Sveistrup Boysen Head of Legal & Market Implementation E-mail:
[email protected] Phone: +45 99 39 59 04 Mobile: +45 22 11 33 11