With a corporate bond of 200 million euros, Eurogrid GmbH, the parent company of transmission system operator 50Hertz, secures liquidity for the further expansion of the power grid necessary for the energy transition.

Today, the four transmission system operators 50Hertz, Amprion, TenneT and TransnetBW successfully put the first component of their joint redispatch platform into operation: the so-called redispatch settlement server or RAS.

Eurogrid GmbH, the parent company of the transmission system operator 50Hertz, is securing liquidity for the further grid expansion necessary for the energy transition with the issuance of its debut Green Bond in the amount of EUR 750 million.

Even under exceptional circumstances 50Hertz stands for safety and stability in the electrical system. In the first few months of this year, the wind blew frequently and strongly, especially in the northern regions of the 50Hertz grid area, resulting in above-average wind energy feed-in.

In 2019, transmission system operator (TSO) 50Hertz transported more renewable energy than ever before over the 10,400 kilometres of its extra-high-voltage grid. At the same time, 50Hertz was able to lower the costs for congestion management.