Ellevio

Ellevio AB
Company typePublic limited company
IndustryElectric power distribution
PredecessorsStockholms elektricitetsverk
Gullspångs Kraft
Founded1892; 132 years ago (1892) (as Stockholms elektricitetsverk)
2015; 9 years ago (2015) (spun off from Fortum)
Headquarters
Stockholm
,
Sweden
Areas served
Bohuslän
Dalarna
Gävleborg
Halland
Närke
Skaraborg
Stockholm
Värmland
Key people
Johan Lindehag (CEO)
Fredrik Persson (Chairman)
ServicesElectric power distribution
Regional power transmission
RevenueIncrease 8.231 billion kr[1] (2023)
Increase 2.694 billion kr[1] (2023)
Increase 0.225 billion kr[1] (2023)
Total assetsIncrease 98.977 billion kr[1] (2023)
Total equityIncrease 10.304 billion kr[1] (2023)
OwnersOMERS Infrastructure (50%)
AP3 (20%)
Folksam (17.5%)
AMF (12.5%)
Number of employees
730[2] (2023)
Websitewww.ellevio.se/en/

Ellevio AB is a Swedish electric power distribution company with headquarters in Stockholm and approximately 1,000,000 customers (2023) in the regions of Dalarna, Värmland, the West coast (encompassing Halland and Bohuslän), Skaraborg-Närke, Gävleborgs län and Stockholm (encompassing Stockholm municipality, Ekerö, Lidingö, Täby, Nynäshamn and Vallentuna). There are also five customers whose wind turbines in Norrbotten are connected to the electrical grid by Ellevio. The company in its current shape was formed in 2015, when Fortum spun off its Swedish electric power distribution business, but it is also a successor to the municipal electric utility of Stockholm, founded in 1892. The number of direct employees is 730 (end of 2023). Through contractors, Ellevio also provides employment for a few thousand additional people. Ellevio emits corporate bonds and therefore publishes financial reports in the same manner as listed companies.[1][2][3][4][5]

  1. ^ a b c d e f "Ellevio AB Annual and Sustainability Report 2023" (PDF). Ellevio AB. 2024. Retrieved 8 August 2024.
  2. ^ a b "Ellevio AB Year-end Report 2023" (PDF). Ellevio AB. 2024. Retrieved 16 August 2024.
  3. ^ "Fortum Distribution blir Ellevio" (in Swedish). Ellevio AB. 16 June 2015. Retrieved 22 June 2022.
  4. ^ "Finansiell information" (in Swedish). Ellevio AB. 8 April 2024. Retrieved 8 August 2024.
  5. ^ "Key financials". Ellevio AB. 28 February 2022. Retrieved 23 September 2022.