German regulator sets higher returns for new power, gas network investments

Elia SA

24/01/2024 07:52

FRANKFURT, Jan 24 (Reuters) - Germany's energy regulator
on Wednesday set higher returns for investments in new power and
gas networks, in a bid to attract billions of euros in funding
needed to overhaul the country's energy infrastructure.
    For 2023 the equity interest rate would have been set at
7.23%, while the current yield would translate into 6.74%, the
German network agency said, adding that actual values could only
be determined in the year the investment is made.
    
    

 (Reporting by Christoph Steitz, Editing by Rachel More)
 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))