For a long time a majority stake in Electrabel was held by the French company Suez.

In 2005, Suez increased its stake to 96.7% and a squeeze-out of the remaining shareholders was completed on 10 July 2007, when the company was delisted from the stock exchange.

Electrabel has diversified generating facilities of 16,000 MW in the Benelux, including renewable energy sources, natural gas and coal, pumped storage power stations and nuclear power stations.

In addition, Electrabel owns combined cycle gas turbine plants in Amercoeur, Drogenbos, Herdersbrug, Saint-Ghislain, Esch-sur-Alzette and Eems, and combined heat and power in Solvay, Total and Almere.

Conventional power stations are located in Awirs, Amercoeur, Kallo, Mol, Rodenhuize, Ruien, Gelderland, Bergum and Dunamenti (Hungary).