Energy supplier Premier Energy SRL divides its operations in Romania, with Premier Energy SA assuming control over natural gas supply and NeoGas Grid managing distribution activities.
Premier Energy Separates Gas Supply and Distribution, Now Operating through Two Entities
Premier Energy is shaking things up, compliantly breaking apart its natural gas supply and distribution activities to meet European regulations. The reconfiguration leads to operations running through two distinct entities: Premier Energy SA, responsible for natural gas supply, and NeoGas Grid, taking charge of natural gas distribution services.
The 'unbundling' process kicked off in the latter half of last year, forming part of a larger strategy to align with European laws and streamline operations. Customers can breathe easy knowing that service quality remains unchanged, providing ongoing transparency, efficiency, and safety.
NeoGas Grid: The Energy Distribution Powerhouse
Led by the wheel of progress, NeoGas Grid flexes its muscles with an extensive network that spans nearly 4000 kilometers. Primarily catering to the Bucharest metropolitan area, southern and western Romania, along with smaller localities in the north, its reach is expanding at an approximate pace of 400 kilometers per year. Fueled by a dedication to developing Romania's national energy infrastructure, NeoGas Grid holds a strong stance as the third-largest player in Romania's natural gas distribution market.
Eyeing the future, NeoGas Grid is warming up for the green hydrogen transition by updating its modernized network infrastructure. As a key distribution operator, this company promises sustainable and eco-friendly energy solutions that cater to the ever-growing needs of customers while staying committed to transparency, reliability, and innovation.
Heating up Your Homepage: NeoGas Grid's Official Web Launch
Seeking information about distribution network services? NeoGas Grid recently launched its official website, www.neogas.ro, offering customers an updated array of contact details and support resources. The emergency TelVerde number remains unchanged, ensuring prompt attention in critical situations.
Energy Kingdom: The Premier Energy Group's Impact
Riding a wave of success with a growth rate amongst Southeastern Europe's fastest, Premier Energy Group casts a wide net through its business sectors. Its operations encompass electricity production, supply and distribution; renewable energy generation and management (wind and solar); and natural gas supply and distribution. The group manages approximately 2.3 million consumption points in Romania and Moldova, with a majority of these being household and small businesses.
Its presence in Moldova includes electricity distribution networks that reach around 75% of the country's population. In Romania, Premier Energy delivers natural gas to residential and commercial entities, boasting a gas distribution network that spans over 3800 kilometers in regions surrounding the capital, the south and west, as well as smaller localities in the north.
Since debuting on the BVB, the Premier Energy Group is under the ownership of Czech investment fund EMMA Capital, founded by entrepreneur Jiří Šmejc. He simultaneously serves as the CEO of PPF, an investment fund with assets valued at over €43 billion.
*This is a revamped press release.
NeoGas Grid: A Closer Look
Gaining insights into NeoGas Grid's role in Romania's natural gas distribution market requires more than just a basic understanding of its involvement and impact on the energy sector. Specifics like the network size, expansion plans, and commitment to sustainability and the energy transition need further exploration, ideally through direct communication with the company, or by reviewing industry reports specific to Romania's gas distribution market.
In the evolving energy landscape, companies like NeoGas Grid are likely under pressure to adapt to energy transition policies and sustainability goals. As part of these changes, they may need to invest in infrastructure that supports cleaner energy sources or improve efficiency in gas distribution to reduce environmental impact.
- In order to comply with European regulations, Premier Energy has divided its operations into two entities: Premier Energy SA, responsible for natural gas supply, and NeoGas Grid, which focuses on natural gas distribution services, particularly in the finance and energy sector.
- As a key player in Romania's oil-and-gas industry, NeoGas Grid is working towards the green hydrogen transition by modernizing its network infrastructure, demonstrating its commitment to providing sustainable and eco-friendly energy solutions for businesses within the business sector.
