pta20220805011
Business news for the stock market

Eurogrid GmbH: Eurogrid receives 250 million euros of equity by its shareholders Elia Group and KfW

Berlin (pta011/05.08.2022/09:20 UTC+2)

Elia Group NV/SA and Kreditanstalt für Wiederaufbau ("KfW") have, through their respective subsidiaries (Eurogrid International NV/SA and Selent Netzbetreiber GmbH), provided an amount of €250 million euros as a contribution to the capital reserves of Eurogrid GmbH, which holds full (100%) ownership of 50Hertz Transmission GmbH.

Elia Group is active in electricity transmission. With its two TSOs - Elia in Belgium and 50Hertz in Germany - the Group is one of the top 5 leading transmission system operators in Europe. 50Hertz operates the electricity transmission system in the north and east of Germany, which it expands as needed for the energy transition.

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Emitter: Eurogrid GmbH
Heidestraße 2
10557 Berlin
Germany
Contact Person: Robert Weigert
Phone: +49 30 5150 2363
E-Mail: robert.weigert@eurogrid.com
Website: www.eurogrid.com
ISIN(s): XS1243251375 (Bond) XS1315101011 (Bond) XS1315150570 (Bond) XS1396285279 (Bond) XS2171713006 (Bond) XS2333297625 (Bond)
Stock Exchange(s): Free Market in Berlin, Dusseldorf, Frankfurt, Munich, Stuttgart
Other Stock Exchanges: Regulated Market in Luxembourg (LSE)
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