02 October 2019
Board approves new company structure of Elia Group
The Board of Directors of Elia System Operator approved the new corporate structure of Elia Group. The decision was taken following the fulfilment of certain preconditions, which included regulatory approval and confirmation of the compliance with the Belgian Electricity Law. As a result, an extraordinary shareholders’ meeting will be convened on 8 November 2019.
The main aim of the new company structure is to isolate and ring-fence the regulated activities of Elia in Belgium from the non-regulated activities and regulated activities outside Belgium. This will also allow its existing and future Belgian and European activities (regulated and non-regulated) to develop in line with the defined growth strategy.