We seek to balance the financial interests of our stakeholders with our obligation to ensure electricity remains affordable and freely available to all.
Publication of TenneT's annual results 2022
14th of March, 2023
On 14 March 2023, TenneT will publish its financial and other company results for the full reporting year 2022 in its integrated annual report. For more information, (financial) journalists can contact Media Relations at firstname.lastname@example.org. Financial stakeholders (e.g. investors, analysts) are requested to contact TenneT's treasury department at email@example.com.
Solid financial reputation
Our financial strategy is aimed at maintaining a credit rating in the 'A' category or higher and generating an acceptable return on investment in line with our risk profile.
TenneT’s financial result is developing positively and our outlook is favourable. To keep pace with the rising consumption and the need for more capacity we must invest substantially in upgrading and expanding the high-voltage grid.
Thanks to our solid financial reputation we enjoy good access to the financial markets to fund the necessary investments in our infrastructure.
Results in the past four years
EUR million based on underlying financial information
|(EUR million based on underlying financial information)||2021||2020||2019||2018|
|Profit for the year||493||516||400||443|
|Investments in tangible fixed assets||3,969||3,412||3,064||2,253|
|Return on invested capital||4.2%||5.1%||5.1%||5.9%|