| VKG Elektrivõrgud | |
| Type: | Private |
| Predecessor: | Narva Elektrivõrgud |
| Location City: | Narva |
| Location Country: | Estonia |
| Area Served: | Narva, Narva-Jõesuu, Sillamäe |
| Key People: | Ivo Järvala (CEO) |
| Industry: | Utility |
| Services: | Electricity distribution and retail |
| Revenue: | 26.9 million (2022) |
| Num Employees: | 34 |
| Parent: | BaltCap Infrastructure Fund II |
VKG Elektrivõrgud (VKG EV, former name: Narva Elektrivõrgud) is an electricity distribution company in Estonia.[1] VKG Elektrivõrgud is the second-largest power distribution company in Estonia, after Elektrilevi, a subsidiary of Eesti Energia.
The history of the company reaches back to 1952 when it was established as a unit of Eesti Energia.[2] It was established on 1 January 1993 as an independent company Narva Elektrivõrk, a subsidiary of Eesti Energia. Narva Elektrivõrk separated from Eesti Energia in 1997 and in 1998–1999 was sold to Startekor, a company controlled by Cinergy Corporation.[3] [4] [5] [6] In 2002–2003, the company was acquired by Sthenos Group and ECE European City Estates AG.[7] In July 2006, Narva Elektrivõrk became a subsidiary of Viru Keemia Grupp and was renamed VKG Elektrivõrgud.[8] [9] [10] In January 2024, VKG Elektrivõrgud was acquired by BaltCap Infrastructure Fund II (BInF II).[1]
VKG Elektrivõrgud distributes and sells electricity, and also provides operational management services for company power systems.
The company's service area is in Ida-Viru County, including Narva, Narva-Jõesuu, Sillamäe, Vaivara Parish and Viivikonna district of Kohtla-Järve. It has 35,000 customers and an annual sales of 262 GWh of electricity.[11]