04 December 2023
Elia Group enters into a firm agreement to acquire a 35.1% stake in energyRe Giga, a US clean energy company, marking a strategic step towards establishing itself as an internationally renowned expert in the field of electricity transmission
On 4 December 2023, Elia Group SA/NV ("Elia Group") enters into a firm agreement to acquire a 35.1% stake in energyRe Giga Projects ("energyRe Giga"), a subsidiary of energyRe LLC-an independent US company solving complex sustainability challenges and delivering large-scale clean energy solutions. Elia Group will deploy US$400 million over three years into energyRe Giga-Projects; proceeds will be fully committed to fund project development in US electricity transmission and renewable energy generation.
Yannick Dekoninck
Head of Capital Markets
mobile: +32 (0) 478 90 13 16
office: +32 2 546 70 76
Boulevard de l'Empereur 20 B-1000 Brussels
Stéphanie Luyten
Head of Investor Relations
mobile: +32 (0) 467 05 44 95
office: +32 2 546 74 29
Boulevard de l'Empereur 20 B-1000 Brussels
Marleen Vanhecke
Elia Group Head Communication & Reputation
mobile: +32 486 49 01 09
office: +32 2 546 71 32
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Elia System Operator SA published this content on 04 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2023 05:35:31 UTC.