TenneT Holding BV - Company Profile
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TenneT Holding BV (TenneT) is a grid operator electricity (Transmission System Operator-TSO) firm. The company designs, builds, maintains and operate high-voltage electricity grid in the Netherlands and large parts of Germany and facilitates the European energy market through electricity transmission and system services. It constructs and maintains high voltage grid to transmit electricity from the producers to the regional grids, which distribute electricity to the end consumers. TenneT also offers system services to maintain the balance between the supply and demand of electricity. The company offers its services through its subsidiaries in the Netherlands and Germany. TenneT is headquartered in Arnhem, the Netherlands.
Headquarters
Netherlands
Address
Utrechtseweg 310, Arnhem, Gelderland, 6812
Website
www.tennet.eu
Telephone
31 26 3731111
No of Employees
5,930
Industry
Alternative Energy
Revenue (2022)
$6.5B
TenneT Holding BV premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Electricity Transmission |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In August, the company signed a contract with eight contract partners following a tendering procedure to supply and install the cables for the 110, 150, 220 and 380 kV onshore high-voltage AC connections in Germany and the Netherlands. |
| 2023 | Contracts/Agreements | In July, the company signed a service level agreement with Prysmian Group to provide nearshore and offshore cable inspection, maintenance and repair services for TenneT’s HVDC and HVAC submarine power cables in the North Sea. |
| 2023 | Contracts/Agreements | In June the company selected GEOxyz to carry out geophysical and geotechnical surveys for the export cable route for the Nederwiek 3 Offshore Wind Farm (NW3) in The Netherlands. |
Competitor Comparison
| Key Parameters | TenneT Holding BV | Amprion GmbH | Vattenfall NV | Transelectrica SA | 50Hertz Transmission GmbH |
|---|---|---|---|---|---|
| Headquarters | Netherlands | Germany | Netherlands | Romania | Germany |
| City | Arnhem | Dortmund | Amsterdam | Bucuresti | - |
| State/Province | Gelderland | Nordrhein-Westfalen | Noord-Holland | - | Berlin |
| No. of Employees | 5,930 | 2,200 | 3,800 | 2,872 | - |
| Entity Type | Government | Private | Private | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ab Van Der Touw | Chairman | Executive Board | 2018 | 67 |
| M.J.J. (Manon) van Beek | Chief Executive Officer | Senior Management | 2018 | 52 |
| Arina Freitag | Member- Executive Board; Chief Financial Officer | Senior Management | 2022 | 52 |
| T.C. (Tim) Meyerjurgens | Member- Executive Board; Chief Operating Officer | Senior Management | 2019 | 47 |
| Edna Schone | Director | Non Executive Board | 2019 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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