Arnhem, 28 February 2008

Michiel Boersma, Chairman of Essent N.V.’s Executive Board:

”We succeeded in reinforcing our position of market leader in the Netherlands. The opening of our central trading office in Geneva was an important milestone. We are also further expanding our trading activities into Italy, Scandinavia, Spain and Eastern Europe.
In the Netherlands, Essent is not only the largest producer of green electricity, but also has the largest number of customers for this type of energy. We generate approximately 40% of the sustainable electricity produced in this country, at our wind farms and through the cofiring of biomass. Essent intends to further expand its leading role for sustainability and will make substantial investments to achieve this. We also intend to establish a strong position for the company in the European consolidation process, so that Essent can continue to create optimum value for shareholders, customers and employees.”

A streamlined organisation

In 2007, Essent continued with implementing programmes and measures to make the organisation as efficient and customer-focused as possible. Through the sale of Essent Kabelcom and a few other activities, in tandem with the acquisition of Westland Energie Services (WES), the company’s portfolio has become leaner.

Press release Annual figures 2007 (46KB)