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    Home > Finance > Dutch grid group TenneT plans to invest $216 billion by end of 2034
    Finance

    Dutch grid group TenneT plans to invest $216 billion by end of 2034

    Published by Global Banking & Finance Review®

    Posted on March 6, 2025

    1 min read

    Last updated: January 25, 2026

    Dutch grid group TenneT plans to invest $216 billion by end of 2034 - Finance news and analysis from Global Banking & Finance Review
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    Tags:sustainabilityinvestmentfinancial communityinfrastructure financingrenewable energy

    Quick Summary

    TenneT plans to invest €200 billion in Dutch and German power grids by 2034 to support renewable energy and reduce congestion.

    TenneT to Invest €200 Billion in Dutch and German Power Grids by 2034

    AMSTERDAM (Reuters) - Dutch state-owned power grid company TenneT expects to invest about 200 billion euros ($216 billion) through 2034 in strengthening its Dutch and German grids, it said on Thursday.

    TenneT said investments exceeded 10 billion euros in 2024 as it worked to reduce congestion and expand grids to accommodate the massive amounts of solar and wind power needed to shift away from fossil fuels.

    The company and the Dutch state said they are still seeking alternative solutions for long-term financing of its German operations after a sale to the German government last year foundered on Berlin's budget strains.

    TenneT has completed separation of the businesses in the Netherlands and Germany, it said, adding that it would continue to raise debt and equity to maintain the pace and scale of investments and safeguard its financial health.

    Last year the company and its owner agreed on two loan facilities totalling 44 billion euros to finance investments in the Netherlands and Germany through 2026.

    ($1 = 0.9255 euros)

    (Reporting by Bart Meijer; Editing by David Goodman)

    Key Takeaways

    • •TenneT to invest €200 billion in Dutch and German grids by 2034.
    • •Investment aims to reduce congestion and support renewable energy.
    • •Company seeks long-term financing solutions for German operations.
    • •TenneT separated its Dutch and German businesses.
    • •Two loan facilities of €44 billion secured for investments.

    Frequently Asked Questions about Dutch grid group TenneT plans to invest $216 billion by end of 2034

    1How much does TenneT plan to invest by 2034?

    TenneT expects to invest about 200 billion euros ($216 billion) through 2034.

    2What is the purpose of TenneT's investment?

    The investment aims to strengthen the Dutch and German grids and accommodate the increasing amounts of solar and wind power.

    3What financing solutions is TenneT exploring?

    TenneT and the Dutch state are seeking alternative solutions for long-term financing of its German operations.

    4What recent financial agreements has TenneT made?

    Last year, TenneT and its owner agreed on two loan facilities totaling 44 billion euros to finance investments through 2026.

    5What was the outcome of TenneT's sale to the German government?

    The sale to the German government last year foundered on Berlin's conditions, prompting TenneT to look for other financing options.

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