REN Redes Energeticas Nacionais SGPS S A : - Redes Energéticas Nacionais, SGPS, S.A. informs about 2022-2031 PDIRT-E approval
December 07, 2022 at 12:02 pm EST
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Unofficial Translation
This is an unofficial translation of the proposal indicated below and it has been prepared for information purposes only. In the event of any discrepancy between this translation and the Portuguese version, the Portuguese version will prevail.
COMMUNICATION
ELECTRICITY TRANSMISSION NETWORK DEVELOPMENT AND INVESTMENT PLAN
FOR THE PERIOD 2022-2031
In accordance with and for the purposes of article 17 of the Regulation (EU) No 596/2014, of the European Parliament and of the Council, of 16 April 2014, of article 248A of the Portuguese Securities Code and other applicable regulations, REN - Redes Energéticas Nacionais, SGPS, S.A. hereby informs the market and the public of the following:
The Secretary of State for Environment and Energy has approved the Electricity Transmission Network Development and Investment Plan for the period 2022-2031, for projects representing a total amount of 475 million euros.
Lisbon, 07th December 2022
REN - Redes Energéticas Nacionais, SGPS, S.A.
REN - REDES ENERGÉTICAS NACIONAIS, S.G.P.S., S.A.
Listed Company (Sociedade Aberta)
Head Office: Avenida Estados Unidos da América, nº 55, 1749-061 Lisbon
Share Capital: € 667,191,262
Commercial Registry Office of Lisbon: registry and tax sole number: 503 264 032
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REN - Redes Energéticas Nacionais SGPS SA published this content on 07 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2022 17:01:03 UTC.
REN - Redes Energéticas Nacionais, SGPS, S.A. specializes in the operation and concession management of the Portuguese electricity transportation network. Net sales break down by activity sector as follows:
- electricity (63.7%): transportation of electricity from producers to end distributors and consumers, management of the electricity transportation network (connecting user installations to the network, maintenance of the network, etc.). At the end of 2022, the network has a total of 9,424 Km;
- gas (34.8%): transportation of natural gas from producers to end distributors and industrial consumers, underground storage of natural gas, receiving, storage, and regasification of liquid natural gas (LNG), infrastructure construction and maintenance services, etc.;
- telecommunications (1.3%);
- other (0.2%).
REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A. 
