Énergie Électrique du Congo
Founded
2018
Headquarters
Brazzaville, Republic of the Congo
Ticker
n/a
Sector
Utilities
Stock performance
This company has no listed ticker in our data, so there is no price chart.
History
Énergie Électrique du Congo (E2C) was created in 2018 as a state-owned company to take over from the Société Nationale d'Électricité (SNE), the public utility founded in 1967, which was dissolved as part of a reorganization of the power sector.
Business model
E2C generates, transmits, and distributes electricity, relying on hydropower dams and the gas-fired Centrale Électrique du Congo near Pointe-Noire, and sells it to households and businesses.
Market position
E2C is the national electricity utility of the Republic of the Congo.
Country impact
Frequent power cuts in Brazzaville and Pointe-Noire, despite the country's gas and hydropower potential, are a major constraint on businesses, and reforming the utility has been a recurring government priority.