The shareholders of Eurogrid GmbH, the Elia Group and KfW, have great confidence in the implementation of investments in the grid infrastructure by its subsidiary 50Hertz. In a regulatory environment that remains challenging, they have undertaken a capital increase of EUR 600 million, of which EUR 480 million was provided by the Elia Group and EUR 120 million by KfW. The amount reflects the need for investment in the expansion of the transmission grid infrastructure and thus in the energy transition. 50Hertz will invest around EUR 3.3 billion in grid infrastructure this year.
