About Encevo
Encevo Group: Leading the Way to a Sustainable Energy Transition
Encevo Group is a Luxembourg-based sustainable energy player that has been leading the way towards a more sustainable future for over 100 years. With its focus on innovation, sustainability, and customer satisfaction, Encevo has become one of the most trusted names in the energy industry.
The company's mission is to provide reliable and affordable energy solutions while reducing its carbon footprint. Encevo believes that it is possible to achieve this goal by investing in renewable energy sources such as wind, solar, and hydro power. The company also aims to reduce its reliance on fossil fuels by promoting energy efficiency measures and developing new technologies.
Encevo operates through two main subsidiaries: Creos Luxembourg S.A., which manages electricity and gas distribution networks in Luxembourg; and Enovos Luxembourg S.A., which provides electricity and gas supply services to residential, commercial, and industrial customers in Luxembourg as well as Germany, France, Belgium.
Creos Luxembourg S.A. manages over 10,000 km of electricity lines and 2,500 km of gas pipelines across the country. The company ensures that these networks are maintained at high standards so that customers can enjoy uninterrupted access to electricity and gas services.
Enovos Luxembourg S.A., on the other hand, offers a wide range of products tailored to meet different customer needs. These include green electricity plans for environmentally conscious consumers; fixed-price plans for those who want predictable bills; smart home solutions for those who want greater control over their energy usage; among others.
In addition to providing reliable energy services at competitive prices, Encevo also places great emphasis on sustainability. The company has set ambitious targets aimed at reducing its carbon footprint significantly by 2030. These include increasing renewable generation capacity from 50% currently to 70%, reducing greenhouse gas emissions by 55%, among others.
To achieve these goals requires significant investment in new technologies and infrastructure. Encevo has already made significant progress in this regard, having invested over €1 billion in renewable energy projects since 2010. The company plans to continue investing in new technologies such as energy storage, smart grids, and electric vehicles to further reduce its carbon footprint.
Encevo's commitment to sustainability has not gone unnoticed. The company has received numerous awards for its efforts towards reducing greenhouse gas emissions and promoting sustainable development. In 2020, Encevo was recognized as one of the top 100 most sustainable companies in the world by Corporate Knights.
In conclusion, Encevo Group is a leading player in the sustainable energy industry that is committed to providing reliable and affordable energy services while reducing its carbon footprint. With its focus on innovation, sustainability, and customer satisfaction, Encevo is well-positioned to lead the way towards a more sustainable future for all.