Elia System Operator : Designation of Elia Transmission Belgium as national and regional/local TSO and change of name of Elia System Operator to Elia Group.
January 20, 2020 at 02:14 am EST
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20 January 2020
Designation of Elia Transmission Belgium as national and regional/local TSO and change of name of Elia System Operator to Elia Group.
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.
As mentioned in our press release dated 31 December 2019, Elia Transmission Belgium SA/NV (ETB) took over the Belgian regulated activities of Elia System Operator SA/NV (ESO) on 31st December, including the indebtedness related to these activities (in particular the outstanding series of notes issued by Elia System Operator under its EMTN programme). At that time, not all designations of ETB as national and regional/local TSO, were already obtained. During that interim period (when ETB had not yet obtained the designations), ESO subcontracted the operation of the transmission system to ETB in the framework of a silent partnership between ESO, ETB and Elia Asset SA/NV, for as long as ETB was awaiting the necessary designations.
Read the full press release
Designation of Elia Transmission Belgium as national and regional/local TSO and change of name of Elia System Operator to Elia Group.PDF -407.61 KB
Elia Transmission Belgium désignée GRT national et régional/local et changement de nom d'Elia System Operator en Elia Group.PDF -497.47 KB
Aanstelling van Elia Transmission Belgium tot nationaal en regionaal/lokaal TNB en naamsverandering van Elia System Operator naar Elia Group.PDF -406.23 KB
Elia System Operator SA published this content on 20 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2020 07:13:05 UTC
Elia Group SA/NV is the Belgian transmission system operator, transmitting electricity efficiently, reliably and securely from producers to distribution system operators and major industrial users. The group is responsible for importing and exporting electricity from and to neighbouring countries.
Elia Group SA/NV owns the entire Belgian very high voltage grid (150 to 380 kV) and some 94% (ownership and user rights) of the Belgian high-voltage grid (30 to 70 kV). The grid is a key link between electricity markets in northern and southern Europe. It also links Belgian producers and consumers. Belgium's recent investment in interconnection capacity with its neighbours makes it one of the most open and interconnected grids in Europe.
Elia Group SA/NV has recently expanded its activities on a broader European level and, following its acquisition of the German TSO 50Hertz and in cooperation with Industry Funds Management (IFM), is now one of the top five transmission system operators in Europe.
Elia System Operator : Designation of Elia Transmission Belgium as national and regional/local TSO and change of name of Elia System Operator to Elia Group.