Our key tasks

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).

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Innovation

TenneT presents Hub and Spoke concept for large scale wind energy on the North Sea.

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Our grid

TenneT manages the high-voltage grid in the Netherlands and large parts of Germany. TenneT transmits electricity at 110,000 volts (110 kV) and higher. With around 23,500 kilometres of high-voltage lines, we cross borders and connect countries.

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Grid maps

Maps of our onshore and offshore high-voltage grid.

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Electricity market

The energy sector is developing rapidly. The process of European market integration began some years ago. Its purpose is to create a single European market that enables market parties to trade gas and electricity across national borders easily and efficiently.

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Transparency data

We provide transparency data on our operations on our Dutch and German transparency page and on ENTSO-E. 

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E-Insights

Our vision is to be one of the most transparent Transmission System Operators (TSO) in Europe and thereby creating value for society. In this Energy Insights section we present selected energy related topics and show data, information and valuable insights. 

E-Insights

E-Insights

Facts & figures related to TenneT facilitating the market can be found here.

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Company

TenneT is a leading European electricity transmission system operator (TSO), with activities in the Netherlands and in Germany. We strive to ensure a reliable and uninterrupted supply of electricity in our high-voltage grid for some 42 million people.

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We are TenneT

Meet us
News Dutch German Financial

Standard & Poor's changed equity content of TenneT's hybrid capital, A- credit rating re-confirmed

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In a statement published yesterday, Standard & Poor’s Ratings Services (“S&Ps”) announced that it has revised the equity content from ‘Intermediate’ (50%) to ‘Minimal’ (0%) for a number of corporate hybrid capital transactions. This is also applicable to TenneT's outstanding hybrid capital instrument (ISIN XS0484213268). Despite the revised equity content assigned, S&P has also affirmed TenneT's long-term corporate credit rating at A-.

Knowing that the current terms and conditions of the Hybrid have been acceptable for S&Ps since issuance in February 2010 and no prior indication of a review had been given, TenneT sees no fundamental reason for this unexpected step by S&P.

TenneT considers hybrid capital to be an important element of TenneT's capital structure and therefore TenneT is considering alternatives to address S&Ps concerns, which could potentially result in the restoration of the ‘Intermediate’ equity content for the Hybrid. TenneT will update the market in due course.

For further information, please contact:

Media Relations
Jeroen Brouwers
+31263732600 or communications@tennet.eu

Group Treasurer
Jeroen Dicker
+31263732656

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Jeroen Brouwers

Media Relations

+31 (0)26 373 26 00
press@tennet.eu

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