Full-year results Elia Group: Powering the Decade of Electrification
February 23, 2022 at 01:29 am EST
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23 February 2022
Full-year results Elia Group: Powering the Decade of Electrification
Highlights
Grid investments totalling €376.7 million in Belgium and €850.9 million in Germany made to ensure a reliable, sustainable and affordable energy system
Good progress on major infrastructure works with new cooperation agreements signed with other transmission system operators
Belgium's first CRM auction organised
Partnerships shaping the future energy market to facilitate the transition to a sustainable energy system
Adjusted net profit up by 6.6% reaching €328.3 million, following Nemo Link's very strong performance and solid operations in Belgium which offset the reduced result in Germany, driven by increased operational expenses
A dividend of €1.75 per share will be proposed at the General Meeting of 17 May 2022
Full-year results Elia Group: Powering the Decade of ElectrificationPDF -4.01 MB
Résultats annuels Elia Group: Moteur de la décennie de l'électrificationPDF -5 MB
Jaarresultaten Elia Group: Het decennium van de elektrificatie bekrachtigenPDF -4.72 MB
Regulated information
This heading provides access to Elia Group's press releases dealing with regulated information, including the annual report, financial report, quarterly information and minutes of general meetings
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Elia System Operator SA published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 06:28:02 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 GROUP NV/SA 
