on TenneT GmbH & Co. KG
TenneT Germany's Growth Continues in H1 2026
TenneT Germany has reported significant growth for the first half of 2026. Investments in expanding and modernising the electricity transmission grid reached €4.1 billion, a 14% increase compared to H1 2025. The company's underlying EBIT rose by 29% to €1.1 billion, and net income increased by 26% to €560 million. This performance underscores its commitment to enhancing Germany's electricity infrastructure.
The company secured future equity funding through a new ownership structure involving stakeholders such as APG, GIC, and Norges Bank Investment Management, ensuring a stable financial base for its ambitious infrastructure programme.
TenneT Germany's debut green bond issuance raised €3.5 billion, marking a significant milestone in its financing strategy. The strong investor demand highlights confidence in its plans to expand capacity for renewable energy integration.
Key projects, including the ElbX Elbe crossing and the Ostbayernring transmission line, further advanced in H1 2026. TenneT intends to sustain its growth trajectory through the remainder of the year.
R. E.
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