TenneT to Restructure Funding to Split Dutch, German Operations
TenneT Holding B.V. is planning to restructure its balance sheet as it prepares to split its Dutch and German operations.
The Dutch state-owned grid operator is creating two standalone entities — TenneT Netherlands and TenneT Germany — each with independent financing arrangements, according to a statement. The move is designed to meet the growing capital needs of its German transmission system, which is playing a pivotal role in Europe's energy transition.
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