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
Press releases
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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
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Elia Group conclut un accord pour acquérir une participation de 35,1% dans energyRe Giga, une société américaine d'énergie propre, marquant ainsi une étape stratégique dans son établissement en tant qu’expert de renommée internationale dans le domaine du transport d'électricité
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Elia Group neemt participatie van 35,1% in het Amerikaanse energyRe Giga, een ontwikkelaar in duurzame energie, en zet hiermee een strategische stap als internationaal erkende expert in elektriciteitstransmissie