Enexis has secured a €500 million financing facility from the European Investment Bank for its 2026 electricity grid investment program. The facility will support Enexis’ investments in the expansion, reinforcement, and renewal of the electricity grid in the provinces of Groningen, Drenthe, Overijssel, North Brabant, and Limburg.
The works backed by the EIB financing cover around 4,600 kilometers of power lines and connected infrastructure, including some 2,800 km of MV cables and a further 1,800 km of LV cables. Through the investment program, Enexis will increase capacity to connect renewable energy to the grid and enable further electrification of homes, mobility, business processes, and industry. Investments include new and higher-capacity cables, transformer stations, and digital solutions for smarter grid management.
The financing aligns with the EIB’s priorities as the climate bank of the European Union: accelerating the energy transition, connecting more renewable energy, enabling electrification, and strengthening a reliable energy supply. Enexis is a regional Distribution System Operator supplying around 3 million households and companies in the Dutch provinces of Groningen, Drenthe, Overijssel, Limburg, and Noord-Brabant with electricity and gas, developing, building, managing, and maintaining its energy networks with over 6,600 employees and about 1,400 external staff, covering 117,900 kilometres of electricity grid and 46,100 kilometers of gas network.
KEY QUOTES:
“By reinforcing the grids in its service areas, many of which face critical capacity constraints, Enexis will boost network resilience and increase the security of the electricity grid. This will allow business, entrepreneurs and households to get the electricity they urgently need.”
Robert de Groot, Vice-President, European Investment Bank
“The energy transition requires investments on a scale and at a pace we have not seen before. This financing supports our investments in 2026 and strengthens the diversification and flexibility of our funding. It enables us to continue working towards a reliable and future-proof electricity grid, providing as many customers as possible with access to energy.”
Marjanne van Ittersum, CFO, Enexis
