We are primarily tasked with providing power transmission services, system services and facilitating the energy market. Our core tasks follow from our appointment as grid operator under the Dutch 'Elektriciteitswet' (E-wet) and the German 'Energiewirtschaftsgesetz' (EnWG).
€ 1,100,000,000 Fixed-to-Floating Rate Perpetual Capital Securities
On 12 April 2017, TenneT Holding B.V. issued EUR 1 billion in subordinated (hybrid) bonds. On 13 August 2018, the EIB has purchased EUR 100 million hybrid securities to be consolidated and form a single series with TenneT’s hybrid Securities programme launched on 12 April 2017. These bonds are listed on Euronext Amsterdam.
TenneT publishes integrated reports, including financial statements and key figures, on an annual and semi-annual bases that give an insight into our financial and operational performance.Read more
Our financial strategy is aimed at maintaining an ‘A’ credit rating or higher and generating an acceptable return on investment in line with our risk profile.