Tennet is an energy sector company. TenneT is making the electricity grid for delivering secure, sustainable, and cost effective supply of electricity for the Netherlands and large parts of Germany.
Growth potential
In the light of increasing demand for electricity including from households and companies the company plans to make more in the coming years to strengthen and expand the grid. This initiative is necessary to meet growing demand for electricity, including from households and companies. Study reveals that clients from households and company sectors will demand a new or higher power connection. Therefore TenneT needs capital to make these investments in the Netherlands and Germany.
Negotiations
It is reported that the government has affirmed its intention to continue financing TenneT’s activities in the Netherlands and will make a decision in the spring of 2025 on the form this financing will take.
In the case of investment capital in Germany until structural solutions are in place, the government is providing TenneT with a supplementary bridging loan of €2 billion for 2025 and €17 billion for 2026. Sums of €13 billion and €12 billion had already been made available for 2024 and 2025, respectively.
This loan funding will give TenneT and market parties the certainty they need to continue investing in vital grid improvement projects over the next two years.