The electricity grid is rapidly approaching its capacity limitations. This is why Alliander is expanding the grid. In the first half of 2019, the network company stepped up investment by 17% compared to the same period in the previous year. Aside from expanding the electricity grid, Alliander has also been pursuing innovations over the past few years to use the grid more efficiently. Alliander is now launching various hydrogen pilots.
- More investment in the grids and launch of hydrogen pilots
- Walter Bien appointed as new CFO Alliander
The supervisory board of Alliander has appointed Walter Bien as Chief Financial Officer (CFO) of Alliander. Walter Bien, currently working as financial director at Boskalis Dredging & Inland Infra, will join the board of Directors of Alliander on October 7.
- Alliander launches new Green Bond
On 24th of June Alliander successfully completed the issuance of a Green Bond. The eurobond of € 300 million size has a tenor of 13 years, an issue price of 98.628% and a coupon of 0.875% (effective yield of 0.988%). The issue was oversubscribed nearly four times. The Green Bond is listed on Euronext Amsterdam.
- Alliander appoints Chief Transition Officer to Management Board
The Supervisory Board of Alliander has decided to add a Chief Transition Officer (CTO) to the company’s Management Board with effect from 1 April. Daan Schut, who currently serves as the network company’s Director of Asset Management, will take on the role of CTO.
- Annual figures 2018: solid financials, operational challenges
In 2018 Alliander continued to invest heavily in the reinforcement and expansion of the energy networks. Execution was weighed down due to higher demand for connections to, and capacity of, the electricity grid and the shortage of qualified engineers across the Netherlands. The network company delivered a solid financial performance with a higher revenue and profit. This is evident from the annual report that was published today.
- Alliander CFO to leave company
Alliander announced today that its CFO, Mark van Lieshout, has decided to pursue his career elsewhere.
- Liander and Shell Energy Europe Ltd sign contract for green certificates to offset grid losses
The energy network company Alliander aims to be climate-neutral by 2023, and greener procurement of grid losses by Liander