Belgium's independent infrastructure group Fluxys, an Energy Infrastructure Partners (EIP) portfolio company, has entered into an investment agreement with Elia Group, joining its lead shareholder Publi-T. This move strengthens collaboration between Elia's major stakeholders, including Publigas and Publi-T, which represent Belgian municipal interests in gas and electricity transmission.
Elia Group operates Belgium's national power grid through Elia Transmission Belgium and holds a 50% stake in German transmission operator 50Hertz. The group also manages an electrical link connecting Britain and Belgium and is actively developing projects in the United States.
The new investment, structured as an increase in Elia's share capital, will enable the group to advance its plans for grid expansion and modernization, aligning with Belgium's energy infrastructure goals. Fluxys, which manages gas transmission, storage, and terminal assets, said this investment solidifies its position within a diversified platform for both gas and electricity transmission.
“Together, Elia and Fluxys will seek to intensify the coordination of power and gas markets to ensure that Belgium and Germany preserve their industrial competitiveness and leadership as European energy hubs,” the company stated.
