Elia Group is investing €12.5 million in SET Fund IV, a €200 million international venture capital fund managed by SET Ventures. This capital will be invested progressively over the next 4 years in European start-ups that are developing digital technologies and services and are mature enough to be scaled up.
Elia Group SA/NV (“Elia Group”) has successfully placed a €600 million senior, unsecured bond, to be listed on the Euro MTF market.
Elia Group today held an Ordinary General Meeting and an Extraordinary General Meeting. 71,39% and 71,29% of the shares were represented at the Ordinary General Meeting and Extraordinary General Meeting, respectively. Shareholders were able to attend the General Meetings in person or digitally.
Elia Group’s third hackathon, which centred on unlocking flexibility through real-time pricing, brought together participants from various sectors and backgrounds to tackle one of the energy sector's most important challenges: the unlocking of consumer flexibility.
Further to the company announcement issued on 4 December 2023, Elia Group’s acquisition of a minority equity interest in energyRe Giga Projects (“energyRe Giga”) has been completed today on 1 February 2024.
As a shareholder in Elia Transmission Belgium, Elia Group can today announce that Frédéric Dunon has been confirmed as Chief Executive Officer of the Belgian system operator.
Elia Group is set to host its second Capital Markets Day on December 8, 2023, themed "Future Proofing Elia Group."
King Philippe and Queen Mathilde of Belgium visited the headquarters of 50Hertz, a German electricity transmission system operator and subsidiary of Belgian company Elia Group, as part of the Belgian state mission which is running from 5 to 7 December in Germany.
The grid operators Elia (Belgium) and Statnett (Norway) are investigating the feasibility of constructing a high-voltage direct current (HVDC) hybrid interconnector that would link Belgium and Norway to offshore windfarms.
Construction of the Belgian energy island will start early next year. North Sea Minister Vincent Van Quickenborne has approved the relevant environmental permit.
The Board of Directors met on 6 September 2023, at 6 p.m., in connection with the departure on 30 October 2023 of Chris Peeters, Chief Executive Officer of the Elia group.
Elia has published its fourth biennial study which focuses on Belgium's adequacy and flexibility needs for the coming decade (2024-2034).
Today, Elia Group held an additional Extraordinary General Meeting following the carens Extraordinary General Meeting it held on 16 May 2023.
On 14 and 15 June, electricity transmission system operator (TSO) Elia took part in a workshop organised by the European NGO RGI (Renewables Grid Initiative) on the development of ecological corridors under high-voltage lines.
Last week an autonomous robot was installed in Elia’s main HVDC converter hall in Lixhe during the hall’s yearly outage period of one week.
As a result of the implementation of the capital increase in favour of the members of the personnel of Elia Group NV/SA and its Belgian subsidiaries, as recorded in a notarial deed dated 26 April 2023, Elia Group NV/SA has issued 5,984 new shares.
Elia Group is one of the Belgian companies selected to be part of BEL®ESG, the new stock market index directly linked to sustainability launched today by Euronext.
The German transmission system operator Amprion and its Belgian counterpart, Elia, have signed a Memorandum of Understanding (MoU) relating to the construction of a second cross-border interconnector.
Nemo Link, the first electricity interconnector between the UK and Belgium, recorded exceptional performance in 2022.
As a result of the implementation of the capital increase in favour of the members of the personnel of Elia Group NV/SA and its Belgian subsidiaries, as recorded in a notarial deed dated 13 December 2022, Elia Group NV/SA has issued 47.920 new shares.
On Monday 21 November, Elia Group welcomed Belgian Prime Minister Alexander De Croo and the Belgian Federal Minister of Energy, Tinne Van der Straeten to visit the Baltic Eagle offshore transmission platform.
The decentralisation of the electricity system requires more flexibility and innovative digital and customer-friendly solutions to manage the generation, transmission and consumption of electricity.
In the presence of federal ministers Tinne Van der Straeten (Energy) and Vincent Van Quickenborne (North Sea), system operator Elia has presented its draft plans for what will be the world’s first artificial energy island.
Today, we stand together as ten European TSOs and confirm the ambitions we outlined in our first Greener Choice letter, in the hope of turning our vision into reality.
As a result of its €590,113,068 rights issue, Elia Group NV/SA has issued 4,739,864 new shares, as recorded in a notarial deed dated 28 June 2022.
Today, Elia Group held an additional Extraordinary General Meeting following the Extraordinary General Meeting it held on 17 May 2022.
Elia Group SA launches a rights offering (with extra-legal preferential rights for existing shareholders) of a maximum of 4,739,865 new shares, amounting to a maximum €590,113,192.50
BRUXELLES - BERLIN | Sentrisense, a start-up from Poland, has won Elia Group’s sixth Open Innovation Challenge (OIC).
On 8 June 2022, the use of the flow-based market coupling mechanism was extended to cover the day-ahead timeframe across all 13 countries of the Core capacity calculation region (CCR), which includes Belgium and Germany.
On Thursday 14 April, Elia Group teams welcomed the Deputy Prime Minister and Minister of the Economy and Employment, Pierre-Yves Dermagne, to the construction site of the Arcadis Ost platform in Aalborg, Denmark.
Today, Elia Group submitted a convocation notice to convene an Extraordinary General Meetings (EGM) at the same date of the General Assembly to be held on the 17th May 2022, and put a motion to the voting of the General Meeting to obtain authorised capital.
At the request of the Ukrainian government, several European transmission system operators are sending electrical equipment to Ukraine. The Belgian system operator Elia is donating four generators and other equipment worth 200,000 euros.
BRUSSELS - The weekly business and finance magazine Trends has named Chris Peeters, CEO of Elia Group, as Manager of the Year 2021.
Elia Group's Board of Directors has approved the formation of a new subsidiary. Through WindGrid, Elia Group is ready to meet offshore development needs.
The annual Open Innovation Challenge (OIC) allows Elia Group to maintain close ties with a broad ecosystem of start-ups and small and medium-sized enterprises (SMEs).
On Thursday 23 December, Belgian electricity transmission system operator Elia welcomed the federal Council of Minister's approval – further to a proposal made by the Ministers for Energy and the North Sea – of the planned extension of the modular offshore network to include the future Princess Elisabeth zone.
Elia Group CEO Chris Peeters will become chair of the Roundtable for Europe's Energy Future in January 2022.
The first electricity interconnector between Belgium and Germany was commissioned a year ago (on 18 November 2020) by system operators Elia and Amprion. ALEGrO posted good results for its first year of operation: 93 % of availability and exchanges totalling 4.5 TWh.
System operators Elia (Belgium) and Energinet (Denmark) are to continue collaborating on the implementation of what could become a world first: the first undersea connection between two artificial energy islands which will be able to exchange power between the two countries and at the same time transport electricity from offshore wind farms to the mainland.
Tremendous efforts from across society are required to fight global warming. And yet, uncertainty remains about the necessary policies and the roadmap that can lead us to net zero.
The use of such robots will improve asset inspections and maximise the operation of HVDC converter halls.
BERLIN | Flemish Minister-President Jan Jambon visited the 50Hertz headquarters in Berlin during a working visit to Germany.
Elia Group and Octopus Energy Group, two pioneering companies in the energy sector, have signed an MoU which reinforces their joint commitment to placing consumers at the heart of the energy transition.
BNetzA has published the future equity remuneration for all gas and electricity grid operators for the next regulatory period (electricity 2024-2028), at a pre-tax rate of 5.07%, post-tax 4.13%.
BRUSSELS -From 13 to 15 October, Elia Group hosted its first ever hackathon, which aimed to translate the Group’s vision on consumer centricity into tangible, practical solutions.
A drone helicopter has been used for the first time for long-range inspections of power lines near Trois-Ponts. These BVLOS (beyond visual line of sight) drones may ultimately replace inspections using helicopters.
Elia Group and Tenaga Nasional Berhad (TNB) are celebrating the signing of a second Memorandum of Understanding (MoU).
Elia Group today announced it has entered into a liquidity agreement with Exane BNP Paribas providing the latter with the mandate to purchase and sale of Elia Group shares on the regulated market of Euronext Brussels.
They have published a joint paper that highlights the key enabling role TSOs are playing in the establishment of a climate-neutral society by 2050.
TideWise is this year’s winner of the Open Innovation Challenge, a joint initiative organised by the Belgian and German transmission system operators Elia and 50Hertz.
BRUSSELS – BERLIN | “Towards a Consumer-Centric and Sustainable Electricity System” outlines Elia Group’s proposed market design for unleashing competition behind the meter.
The five finalists of the Open Innovation Challenge have been announced. The Open Innovation Challenge is a joint initiative organised by the Belgian and German transmission system operators Elia and 50Hertz.
In recent years, sustainability has become a core part of Elia Group's strategy. Our ACT NOW plan defines concrete and measurable objectives which outline how we will embed sustainability into our business processes in the years ahead.
Elia Group remains confident with regard to realising an Adjusted Return on Equity (ROE adj. 1 ) of between 5.5% and 6.5% for 2021.
Today, Elia Group held its Ordinary and Special Annual General Meetings, during which the shareholders approved all of the proposed items which were discussed in line with the meeting agendas.
Some 30 companies from various industries will test out new energy services as part of the Internet of Energy (IO.Energy).
Elia Group has launched an enhanced Inside Information Platform which provides data visualisations representing the unavailability of electricity facilities owned by its system operator companies Elia (in Belgium) and 50Hertz (in Germany)
Drones will soon be helping us make sure the lights stay on in Belgium. They will be used to inspect high-voltage pylons.
As a result of the implementation of the capital increase in favour of the members of the personnel of Elia Group NV/SA and its Belgian subsidiaries, as recorded in a notarial deed dated 18 March 2021, Elia Group NV/SA has issued 7,360 new shares.
Elia Group will rejoin the BEL 20 index on 22 March 2021. The company has been listed on Euronext Brussels since 2005 and was previously included in the BEL 20 between March 2012 and March 2017.
For transmission system operator 50Hertz, a decisive decade in terms of the energy transition is beginning. By 2025, the company wants to invest almost twice as much in its grid infrastructure than it has over the past five years.
Full year results Elia Group makes crucial investments for energy transition while delivering strong financial results.
To achieve a climate-neutral society by 2050 as outlined in the European Green Deal, more than just an energy transition is needed.
System operators Elia (Belgium) and Energinet (Denmark) have set up a working group to examine the feasibility of a subsea cable between Belgium and Denmark that would link the high-voltage grids of both countries over a distance of more than 600 km.
Nemo Link, the first electricity interconnector between the United Kingdom and Belgium, has performed very well during its first two years in operation.
Elia Group receives the BelMid Company of the Year 2020 award during Euronext annual New Year’s Ceremony. The company receives this award because it has demonstrated the highest relative increase in market capitalization last year. Since 2005 Elia Group is listed on Euronext Brussels.
Elia Group, a European Group of transmission system operators active in Belgium (Elia) and northeast Germany (50Hertz), is set to launch its fifth Open Innovation Challenge.
As a result of the implementation of the capital increase in favour of the members of the personnel of Elia Group NV/SA and its Belgian subsidiaries, as recorded in a notarial deed dated 22 December 2020, Elia Group NV/SA has issued 67,757 new shares.
This GHG reduction effort will tackle their own carbon footprint while also addressing much greater opportunities at system level, driven by electrification and the integration of renewable electricity sources (RES). The joint initiative is supported by Amprion (DEU), APG (AUT), Elia Group (BE & DEU), Red Eléctrica (ES), RTE (FR), Swissgrid (CH), Tennet (NL & DEU) and Terna (IT).
Together with 6 other European Transmission System Operators (TSOs), Elia Group calls on its suppliers to offer their products or services in a sustainable way. The call for a greener choice has been launched in an open letter. Suppliers are encouraged to contribute to a more sustainable and carbon-neutral society.
A Coalition of NGOs, wind industry and transmission system operators has joined forces today to cooperate on the sustainable deployment of offshore wind, while ensuring alignment with nature protection and healthy marine ecosystems. 18 organisations from across Europe have signed a Memorandum of Understanding and committed themselves to working together.
On Monday 9 November, system operators Elia and Amprion inaugurated the first electricity interconnector between Belgium and Germany.
On 20 October, German TSO 50Hertz (Elia Group) and Danish TSO Energinet inaugurated Combined Grid Solution (CGS), the world's first hybrid offshore interconnector.
Elia Group has today officially announced re.alto, its first corporate start-up company. The re.alto marketplace brings together providers and users from all sides of the energy economy.
The first sandboxing phase of the Internet of Energy (IO.Energy) project came to an end on Friday 9 October and was marked by an event attended by Thomas Dermine, the new State Secretary for Scientific Policy, Recovery and Strategic Investments.
The Walloon Ministers for Energy, Philippe Henry, and Spatial Planning, Willy Borsus, attended the completion of work on the ALEGrO project this Wednesday at the Lixhe converter station in Liège Province.
Heptasense is the fourth winner of the Open Innovation Challenge, an initiative by the Belgian system operator Elia and its German sister company 50Hertz.
Former President of the European Council and Prime Minister of Belgium, Herman Van Rompuy, together with the German Ambassador, Martin Kotthaus, and other dignitaries have unveiled a fragment of the Berlin Wall at Elia's site in Schaerbeek.
Five finalists from different parts of the world are still in the running for the fourth Open Innovation Challenge. The contest is a joint initiative by Belgian system operator Elia and its German sister company 50Hertz. The Open Innovation Challenge helps Elia Group to innovate in highly specific areas of its work as a system operator by engaging in joint projects with start-ups.
Elia Group today held its Ordinary and Extraordinary General Meetings, at which shareholders approved all agenda items.
Eurogrid GmbH, the parent company of the German transmission system operator 50Hertz, is securing liquidity for the further grid expansion necessary for the energy transition with the issuance of its debut Green Bond of EUR 750 million.
The Electricity Transmission System Operators of Austria, Belgium, France, Germany, Italy, Netherlands, Spain and Switzerland are regularly coordinating their efforts to do the utmost to limit the consequences of the Covid-19 pandemic on people, electricity supply and the economy in Europe.
Exceptionally, shareholders and bondholders will not be able to physically attend the ordinary and extraordinary general meetings of Elia Group on 19 May 2020.
Elia Group realised its ambitious investment program, achieved strong operational and financial results and is ready to realise the next phase of the energy transition bringing maximum welfare to society.
Nemo Link, the first ever power cable between the UK and Belgium, has today reported outstanding performance figures as it celebrates its first full year of operation.
Elia Group, a transmission system operator active in Belgium and northeast Germany, is set to launch its fourth Open Innovation Challenge this month. The competition invites start-ups from around the world to present solutions to any of the many challenges system operators face.
Following the completion by the group Elia of its internal reorganisation on 31st December 2019, Elia Transmission Belgium has been designated as the national and regional/local Transmission System Operator (TSO) for the very high- and high-voltage electricity grid in Belgium. In addition, Elia System Operator will be renamed Elia Group SA/NV.
Just before midnight today, Elia will have effectively implemented its internal reorganisation, the aim of which is to isolate and ring-fence the regulated activities of Elia in Belgium from the non-regulated activities and regulated activities outside Belgium.
From the perspective of two system operators (Elia in Belgium and 50Hertz in Germany), Elia Group wants to raise awareness about the increasing challenges on both the grid infrastructure (hardware) and the market design (software) of the European interconnected electricity system. The joint study ‘Future-proofing the EU Energy System towards 2030’ proposes two levers to realise the next phase of the energy transition in a timely and efficient way with maximum welfare for society.
The German Transmission System Operator (TSO) 50Hertz now has a new chairman of the executive board. Stefan Kapferer is in office since December 1st. Up until the end of October Kapferer was head of BDEW, the German Association of Energy and Water Industries.
European Single Intraday Coupling Parties (SIDC - formerly known as XBID) confirm successful 2nd wave go-live. Significant increases in traded volumes is reported across the seven countries who joined the SIDC coupling last week.
Elia held its Extraordinary Shareholders’ Meeting on 08/11/2019. All items on the agenda have been approved.
European Single Intraday Coupling (SIDC) Solution (formerly known as XBID) and Local Implementation Projects confirm 2nd wave go-live date for November 2019. Seven further countries to be coupled with the fourteen already operational.
CREG's Management Committee has approved Elia's revised tariff proposal for the 2020-2023 regulatory period.
Elia Group is pleased to announce that Michael von Roeder will join the company as of 1 November 2019 as Chief Digital Officer (CDO). He will lead our digital transformation program and take over the leadership of the Elia Group IT and Digital departments. As CDO, Michael von Roeder will be a member of the Elia Group Committee (EGC).
The Board of Directors of Elia System Operator approved the new corporate structure of Elia Group. The decision was taken following the fulfilment of certain preconditions, which included regulatory approval and confirmation of the compliance with the Belgian Electricity Law. As a result, an extraordinary shareholders’ meeting will be convened on 8 November 2019.
His Majesty the King of the Belgians today visited the Modular Offshore Grid (MOG), Elia's first power hub in the North Sea.
Normalised Net profit up 8.2% to €154.4 million as a result of the timely realisation of investments and solid operational performance.
Elia envisages increasing capacity shortage to cope with the nuclear exit in Belgium; new report indicates the urgency of the situation and the need for a systematic safety net to maintain security of supply.
As joint shareholders of 50Hertz, Elia and German investment bank KfW are pleased to announce the appointment of Stefan Kapferer as the new CEO of the German system operator.
The start-up OKTO Acoustics has won the third edition of the Elia Group Open Innovation Challenge of Elia and 50Hertz.
As a result of its EUR 434.8 million rights offering, Elia System Operator NV/SA issued 7,628,104 new shares, as recorded in a notarial deed dated 18 June 2019.
Elia System Operator SA announces today that 7,030,981 New Shares or 92.17% of the 7,628,104 new shares it offered as part of its rights offering of maximum EUR 435 million, were subscribed at a subscription price of 57 EUR per share, on the basis of 1 new shares for 8 preferential rights.
Elia System Operator SA announces that, after the public offering of new shares to existing shareholders and any holders of an extra-legal preferential right and the successful private placement of scrips, 100% of the new shares offered in the rights offering have been subscribed.
Elia System Operator announces today the launch of a public offering to existing shareholders and any holders of an extra-legal preferential right of 434,801,928 euros maximum, through the issuance of up to 7,628,104 new shares at a subscription price of 57 EUR per share, on the basis of 1 new share for 8 preferential rights.
Today, Elia held its Ordinary and Extraordinary General Meetings of Shareholders. Shareholders approved all items on the agenda.
Today, Federal Minister Philippe De Backer and Minister Marie Christine Marghem visited the Modular Offshore Grid (MOG), the switchyard platform in the North Sea that will soon bundle together cables from offshore wind farms and connect them to the mainland.
The draft ministerial decree renewing the appointment of Elia System Operator SA/NV as the operator of Belgium's electricity grid was passed on Friday 26 April.
Elia's Federal Development Plan 2020-2030 has been approved by Federal Energy Minister Marie Christine Marghem.
Elia contemplates to implement an internal reorganization project aiming at isolating and ring-fencing the Belgian regulated activities of Elia from its non-regulated activities.
Because of the implementation of the capital increase in favor of the members of the personnel of Elia System Operator NV/SA and its Belgian subsidiaries, as recorded in a notarial deed dated 22 March 2019, Elia System Operator NV/SA has issued 9.776 new shares.
With the third Open Innovation Challenge, Elia Group calls for ideas from start-ups across the world to improve the day-to-day operations of its two electricity transmission companies: Elia in Belgium and 50Hertz in Germany.
As a result of the implementation of the capital increase in favour of the members of the personnel of Elia System Operator NV/SA and its Belgian subsidiaries, as recorded in a notarial deed dated 20 December 2018, Elia System Operator NV/SA has issued 114.039 new shares.
Electricity transmission system operator Elia had lodged an appeal against the provision of the CREG’s tariff methodology 2020-2023, regarding the impact on regulated tariffs of loans contracted to finance non-regulated activities.
Elia System Operator NV/SA (“Elia”), the Belgian transmission system operator, has successfully launched a €500 million Eurobond under its €5 billion EMTN programme.
Highlights:
Elia successfully completes long-term financing for the acquisition of an additional 20% stake in Eurogrid.
Today, Elia System Operator SA/NV ('Elia') successfully launched a EUR 300 million 10-year senior bond and EUR 700 million perpetual hybrid to refinance a bridge loan for the acquisition of an additional 20% stake in Eurogrid International SCRL (‘Eurogrid’).
Elia System Operator SA/NV (‘Elia’) announces the closing of the transactions with IFM Global Infrastructure Fund (‘IFM’) and the German state-owned bank Kreditanstalt für Wiederaufbau (‘KfW’) regarding a 20% stake in Eurogrid International (‘Eurogrid’).
HIGHLIGHTS :
Grid investments of €234 million in Belgium and €104 million in Germany to ensure reliable supply of electricity and accommodate growing renewable energy flows.
Elia exercises its pre-emption right on the remaining 20% stake in Eurogrid held by IFM and will immediately sell the stake at the same price to German state-owned bank Kreditanstalt für Wiederaufbau (KfW).
The transaction between Elia and KfW fosters Belgian-German cooperation regarding critical grid infrastructure.
The Belgian transmission system operator (TSO) Elia System Operator SA/NV (‘Elia’) has received a notification from IFM Global Infrastructure Fund (‘IFM’) that it intends to sell its remaining 20% share in Eurogrid International (‘Eurogrid’), the holding company of the German TSO 50Hertz Transmission GmbH (‘50Hertz’).
16 May 2018
Elia System Operator SA/NV (‘Elia’), the Belgian transmission system operator (TSO), announced today that it has completed the acquisition of an additional 20% stake in Eurogrid International SCRL (‘Eurogrid’), the holding company of the German TSO 50Hertz Transmission GmbH (‘50Hertz’).
Inside 23 March 2018Elia has decided to exercise its pre-emption right and to increase its share in Eurogrid, the holding company above 50Hertz, from 60% to 80%.
Sign up to our subscribers’ list if you don’t want to miss out on the latest news about our projects, company or industry.
