Report
Kris Kippers

Elia - CMD 2023: Focus on CAPEX and financing

Elia hosts its CMD today at 10:00 CETFocus is among others on the reiterated EUR 30.1bn capex plan and the financial policy to fund that planIn the short term no equity raise seems to be required although it will likely become more important in the medium term. More clarity on the financing will be an important point.Our estimates remain under review for the time being as we await more information at the CMD. Hold.
Underlying
Elia Group SA/NV

Elia System Operator develops, operates and maintains very-high-voltage (380 kV, 220 kV and 150 kV) and high-voltage (70 kV, 36 kV and 30 kV) networks, providing its customers with consultancy and engineering services. Whether in Belgium, Germany or elsewhere in Europe or the U.S., Co. ensures that electricity flows reliably from energy producers to distributors and large corporate customers. Co.'s main activities include transmission operator, system operator and market facilitator, developing and maintaining grid infrastructure, connecting electrical installations to grids, providing transparent access to grids, while taking initiatives to improve electricity market operations.

Provider
Degroof Petercam
Degroof Petercam

​We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

Analysts
Kris Kippers

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