IEG Distribution, Europe
– Sole gas distributor in the Channel Islands and Isle of Man
Interest: 100%
Description
IEG Distribution owns a portfolio of natural gas distribution businesses located in the Channel Islands (Guernsey and Jersey) and the Isle of Man.
Regulatory Environment
- No formal regulation, however government oversight.
Stable Cash Flows
IEG Distribution provides an essential service to a customer base that underpins its cash flows.
Diverse & Strong Customer Base
IEG Distribution has a broad diverse customer base that underpins its cash flow.
Dominant Position
IEG Distribution is the single provider of gas services in the Isle of Man, Jersey Island and Guernsey Island.
Growth Opportunities
Increased energy demand provides opportunity for revenue growth.