Elia Group SA/NV (0NTU)

Profile

https://www.eliagroup.eu

Elia Group SA/NV is a leading electricity transmission system operator in Europe, serving as a holding company for key subsidiaries including Elia Transmission Belgium and 50Hertz Transmission in Germany. It owns and operates approximately 19,741 km of high-voltage connections, balancing production and consumption around the clock to supply electricity reliably to 30 million end users with a 99.99% reliability rate. Primarily generating revenue from grid usage fees in Belgium and Germany, the company maintains and develops critical infrastructure such as power lines, cables, and transformers, while investing heavily in grid expansion to integrate renewable energy sources and support the European Green Deal's climate ambitions. Elia Group also engages in non-regulated activities through entities like Nemo Link and Elia Grid International, offering consultancy services and contributing to offshore grid development via WindGrid. As one of Europe's top five transmission system operators, it plays a pivotal role in advancing the energy transition, promoting market integration, decarbonization, and a sustainable, affordable energy system for society.