50Hertz

(IN BRIEF) 50Hertz Transmission GmbH has appointed Christine Janssen as its new Chief Financial Officer, succeeding Marco Nix who became CFO of Elia Group earlier this month. Janssen brings deep expertise in finance, regulation, and energy systems from her previous … Read the full press release →

(IN BRIEF) The Power-to-Heat unit “Karoline” has become the first participant in the newly launched “Nutzen statt Abregeln” program under §13k of the Energy Industry Act. This initiative, designed to minimize renewable energy curtailment and reduce redispatch costs, incentivizes the … Read the full press release →

(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release →