Czech Gas Networks Investments S.à r.l. is a private limited liability company (société à responsabilité limitée) organised and existing under the laws of the Grand Duchy of Luxembourg, having its registered office at 20 Boulevard Royal, L-2449, Luxembourg, Grand Duchy of Luxembourg and registered with the Luxembourg trade and companies register (Registre de commerce et des sociétés, Luxembourg) under number B233.444. Czech Gas Networks Investments S.à r.l. was incorporated in the Grand Duchy of Luxembourg on 22 March 2019 for an unlimited duration. The notarial act of incorporation was published on 11 April 2019 in the Recueil Electronique des Sociétés et Associations under reference RESA_L190058512.

News

2.9.2024
Sustainability Report 2023

The annual sustainability report published by the GasNet Group is used to disclose information about impacts, processes, and responsible management practices in the area of ESG. It includes consolidated non-financial data at the GasNet Group level for the 2023 calendar year.

Read the Report

29.8.2024
ČEZ Group completes acquisition of a 55.21% stake in the gas infrastructure operator GasNet

ČEZ Group has completed the acquisition of a 55.21% stake in the GasNet Group, the largest gas distribution infrastructure operator in the Czech Republic. Natural gas, and later also hydrogen, will play a key role in the future development of the country’s economy. With this acquisition, ČEZ Group supports the transformation of the heat generation industry and its transition from coal to natural gas and hydrogen.

Read more

28.3.2024
CGNI receives rating BBB+

We are pleased to announce that on 22 March 2024 Fitch Ratings has placed Czech Gas Networks Investments S.a r.l's (CGNI) Long-Term Issuer Default Rating (IDR) of 'BBB' and senior unsecured rating of 'BBB+' on Rating WatchPositive (RWP)

S&P affirmed their rating on CGNI at 'BBB+', outlook stable on 27 March, 2024.

Read more

GasNet

GasNet is the largest distribution system operator in the Czech Republic.

It operates almost 65,000 km of networks with approximately 2.3 million off-take points. GasNet is the owner and operator of the distribution network of natural gas starting from the exit point of the transmission networks through gas distribution systems and delivering the natural gas to end-consumers.

GasNet’s activities are currently focused on the safety and reliability of gas supplies to its customers. In addition to natural gas distribution and capacities in the distribution network, GasNet is responsible for operating and maintaining the gas distribution network and is involved in gas balancing, dispatching and ensuring the security of supply for households.

GasNet Služby

GasNet Služby manages the daily network services activities on GasNet’s assets.

GasNet Služby operates and maintains gas installations for GasNet. The main objective is to ensure safe, reliable and economical operation of gas facilities, including inspections, repairs, maintenance, meter management and reading.

Facts & Figures

GasNet operates the largest gas distribution network in the Czech Republic by both grid length and number of connections.

GasNet covers 80% of the country’s gas distribution and manages pipelines in all regions of the Czech Republic outside of Prague and the South Bohemian Region.

65,000 km
of gas pipelines
c.70TWh / year
distributed gas
c.2.3 m
off-take points
552 EURm
revenue in 2020

GasNet Group shareholders

GasNet and GasNet Služby are owned by ČEZ, British Columbia Investment Management Corporation (BCI), and Allianz Capital Partners (representing the insurance companies of the Allianz Group).

Shareholder structure

Corporate documents

ESG documents

Securities

Financial information

Condensed Consolidated Interim Financial Statements of Czech Gas Networks Investments S.à r.l. (30 June 2024)
27 September 2024
PDF | 4.55 MB
Consolidated financial statements of Czech Gas Networks Investments S.à r.l. (2023, IFRS)
10. June 2024
PDF | 2.48 MB
Condensed Consolidated Interim Financial Statements of Czech Gas Networks Investments S.à r.l. (30 June 2023)
21. September 2023
PDF | 0.61 MB
Investor Presentation: 2022 CGNI Consolidated Financial Statements & Gas Market Update
June 2023
PDF | 2.55 MB
Consolidated financial statements of Czech Gas Networks Investments S.à r.l. (2022, IFRS)
30 May 2023
PDF | 6.54 MB
Condensed Consolidated Interim Financial Statements of Czech Gas Networks Investments S.à r.l. (30 June 2022)
8 September 2022
PDF | 0.61 MB
Consolidated financial statements of Czech Gas Networks Investments S.à r.l. (2021, IFRS)
27 June 2022
PDF | 1.32 MB
Investor Presentation (June 2022) 2021 CGNI Consolidated Financial Statements & Gas Market Update inc. Response of CGNI
27 June 2022
PDF | 2.53 MB
Condensed Consolidated Interim Financial Statements of Czech Gas Networks Investments S.à r.l. (30 June 2021)
1 October 2021
PDF | 0.63 MB
Consolidated financial statements of Czech Gas Networks Investments S.à r.l. (2020, IFRS)
14 June 2020
PDF | 1.60 MB
Consolidated financial statements of Czech Grid Holding, a.s. (2020, IFRS)
14 June 2020
PDF | 4.39 MB
Condensed Consolidated financial statements of Czech Gas Networks Investments S.à r.l. for period of 1 January to 30 June 2020
14 June 2020
PDF | 0.37 MB
Consolidated financial statements of Czech Grid Holding, a.s. (2019, IFRS)
14 June 2020
PDF | 3.91 MB
Consolidated financial statements of Czech Grid Holding, a.s. (2018, IFRS)
14 June 2020
PDF | 3.18 MB
Consolidated financial statements of Czech Gas Networks Investments S.à r.l. for period of 22 March 2019 to 31 December 2019
14 June 2020
PDF | 1.03 MB