Creos Luxembourg
Over the next two years, Creos consolidated its position on the Luxembourg market. In 2010, it acquired the natural gas networks from Luxgaz Distribution S.A. On 1 January 2011, the City of Luxembourg transferred its electricity and natural gas networks and its teams to Creos in exchange for owning units of property in Creos. The owned units of property increased from 5.71% to 24.57%,. Creos also owns units of property in the following companies: Luxmetering (the Interest Economic Group which pilots the smart metering network) since 2012 , Balansys (joint-venture between Creos and Fluxys Belgium) and Ampacimon since 2015 and NEXXTLAB since 2018.