Legal structure

Elia System Operator is listed on Euronext Brussels and is part of the BEL Mid-index. Its core shareholder is Publi-T.

Elia System Operator has been listed on the regulated market of Euronext Brussels, since June 2005.

 
Legal structure * Interfin, a shareholder of Publi-T holds a participation of 3.92% in Elia since end of 2011; Belfius Insurance holds a participation of 2.03% in Elia.
 
Elia Engineering is fully owned by Elia and is responsible for all engineering activities, while Elia Re is Elia’s reinsurance company.

Elia Grid International (EGI) is a 50/50 joint venture between Elia System Operator NV and 50Hertz Transmission GmbH.

Elia holds shares in:

  • HGRT (holding des gestionnaires de réseau de transport), a shareholder in the French-based European power exchange EPEX Spot SE;
  • Coreso, the first joint regional technical coordination centre, shared by five European transmission system operators;
  • JAO, a joint service company of twenty Transmission System Operators from seventeen countries, responsible for the yearly, monthly and daily auctions of transmission rights on 27 borders in Europe.

Elia has a 60% stake in Eurogrid, which was set up in 2010 to acquire German grid operator 50Hertz. The remaining 40% is held by IFM Investors.

50Hertz owns the whole of the subsidiary 50Hertz Offshore, which is responsible for offshore grid development in its area of activity.