IEG Connections, Europe
– High growth "last mile" electricity and natural gas connections business in the UK
Interest: 100%
Description
IEG Connections owns “last mile” electricity and natural gas connections business in the UK.
Regulatory Environment
- Capacity charges (regulated gas and electricity charges giving inflation linked revenue per connection).
Stable Cash Flows
IEG Connections provides an essential service to a customer base that underpins its cash flows. Existing installed connections provide an “availability based” income stream with low operating and maintenance costs.
Diverse & Strong Customer Base
IEG Connections has a broad diverse customer base that underpins its cash flow.
Dominant Position
IEG Connections is one of largest independent connections business in the UK.
Growth Opportunities
New connections in gas and electricity as the housing market recovers.