Oxxio
Encyclopedia
Oxxio is a Dutch utility
that serves about 800,000 customers for electricity
and natural gas
. In the Dutch market, Oxxio is the fourth largest supplier and the largest of the companies that entered the market since liberalisation of the energy market began in 2000. In 2005 British Centrica
bought Oxxio. Oxxio is headquartered in Hilversum
. In 2009, Centrica
announced to look for a new owner for Oxxio in order to realize future plans for Oxxio. In March 2011, Oxxio found a new owner: Eneco
. Oxxio will remain an independently operating company, working from its offices in Hilversum. For customers and employees nothing has changed. The transaction has now been approved by the NMa
(Netherlands Competition Authority). The sale has been expected to be finalized in the second quarter of 2011.
Utility
In economics, utility is a measure of customer satisfaction, referring to the total satisfaction received by a consumer from consuming a good or service....
that serves about 800,000 customers for electricity
Electricity
Electricity is a general term encompassing a variety of phenomena resulting from the presence and flow of electric charge. These include many easily recognizable phenomena, such as lightning, static electricity, and the flow of electrical current in an electrical wire...
and natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
. In the Dutch market, Oxxio is the fourth largest supplier and the largest of the companies that entered the market since liberalisation of the energy market began in 2000. In 2005 British Centrica
Centrica
Centrica plc is a multinational utility company, based in the United Kingdom but also with interests in North America. Centrica is the largest supplier of gas to domestic customers in the UK, and one of the largest suppliers of electricity, operating under the trading names "Scottish Gas" in...
bought Oxxio. Oxxio is headquartered in Hilversum
Hilversum
is a municipality and a town in the Netherlands, in the province of North Holland. Located in the region called "'t Gooi", it is the largest town in that area. It is surrounded by heathland, woods, meadows, lakes, and smaller villages...
. In 2009, Centrica
Centrica
Centrica plc is a multinational utility company, based in the United Kingdom but also with interests in North America. Centrica is the largest supplier of gas to domestic customers in the UK, and one of the largest suppliers of electricity, operating under the trading names "Scottish Gas" in...
announced to look for a new owner for Oxxio in order to realize future plans for Oxxio. In March 2011, Oxxio found a new owner: Eneco
Eneco
Eneco can refer to:* Íñigo I of Pamplona , the first king of Pamplona* Eneco Energie, a Dutch energy company...
. Oxxio will remain an independently operating company, working from its offices in Hilversum. For customers and employees nothing has changed. The transaction has now been approved by the NMa
NMA
NMA may refer to:*National Management Association*National Mapping Agency*National Meat Association*National Medical Association*National Memorial Arboretum*National Mining Association*National Motorists Association*National Movie Awards...
(Netherlands Competition Authority). The sale has been expected to be finalized in the second quarter of 2011.