IEG Connections
International Energy Group (IEG) owns a gas and electricity distribution business in the United Kingdom (IEG Connections). IEG Connections operate under a regulated price regime. IEG Connections' businesses provide an essential service to a customer base that underpins its cash flows. Existing installed connections provide an “availability based” income stream from a group of high credit quality energy retail counterparties with low operating costs.
|
|
|
Description
|
“Last mile” electricity and natural gas connections business in the United Kingdom
|
|
Operating Platform
|
Utilities
|
|
Location
|
United Kingdom
|
|
Acquired
|
June 2005
|
|
Investment
|
100%
|
|
Regulatory Environment
|
Capacity charges (regulated gas and electricity charges giving fixed revenue per gas connection and highly predictable electricity revenue).
|
|
Customer Base
|
Retailers of gas and electricity, largely residential with capacity charges
|
|
Asset Age & Condition
|
0 – 13 years
|
|
Capacity / Utilisation
|
Systems designed for 1:20 winter demand conditions
|
|
Key Drivers
|
New connections in gas and electricity
|
|
For further information click on link to IEG website: http://www.i-e-g.com/