Elia Group SA - Company Profile
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Business Description
Elia Group SA (Elia), formerly Elia-System Operator SA is primarily engaged in electricity transmission. The company also provides consulting services to international customers through its subsidiary Elia Grid International. Elia Group has developed projects such as the hybrid interconnector that links Germany to Denmark and Belgium's artificial energy island in the North Sea.
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R&D Overview
Elia focuses on research and development by investing in emerging technologies such as AI, cybersecurity, robotics, drones, sensors, and new materials to develop solutions that strengthen its core business. The company also drives breakthrough innovations through its Moonshot program to tackle pressing challenges in the energy sector, such as optimizing complex offshore assets. Additionally, Elia Group fosters collaboration with industry peers, academic institutions, and start-up ecosystems to share knowledge and conduct research.
Business Segments
Overview
Operates as a transmission system operator (TSO) in Germany. It serves seven states, including Berlin and Hamburg. The segment connects wind farms located in the Baltic Sea to its onshore grid. The key brand associated with this segment is 50Hertz. It includes the activities of companies such as Eurogrid GmbH, 50Hertz Transmission GmbH, 50Hertz Offshore GmbH, and 50Hertz Connectors. In FY2025, the segment incurred a capital expenditure of EUR3,786.6 million, which grew 4.4% YoY.
Performance
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Overview
Operates as a transmission system operator (TSO) for high-voltage and extra-high-voltage electricity in Belgium. The key brand associated with this segment is Elia. It includes the activities of companies such as Elia Transmission Belgium SA/NV, Elia Asset SA/NV, Elia Engineering SA/NV, Elia Re SA, HGRT SAS, and Coreso SA/NV. In FY2025, the segment incurred a capital expenditure of EUR1,399.6 million, which grew 18.9% YoY.
Performance
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Overview
Operates non-regulated entities such as Eurogrid International NV/SA; Elia Grid International NV/SA; Elia Grid International GmbH; Elia Grid International LLC (Saudi Arabia); and Elia Grid International Inc (Canada). These companies majorly focus on the development of international offshore electricity transmission solutions and engineering; and the exchange of energy data across regions such as Belgium, Germany, the UK, Saudi Arabia, Singapore, and Canada. It also includes the operation of the non-regulated activities of the Elia Transmission (Belgium) segment.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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