Power rangers: helping Elia Group with its €1.35bn Rights Offering

31/03/2025

We're thrilled to have helped Elia Group SA - the listed Belgian energy provider which manages the high-voltage grid in Belgium and part of Germany - with its €1.35bn Rights Offering, part of a €2.2bn equity package helping to fund its extensive investment plans in the coming years.

Teams from B&C helped Elia and advisors Linklaters with translation of the English language listing Prospectus into Dutch and French, followed by typesetting, proofing and printing of all three versions.

Shares in Elia Group jumped as much as 19 per cent after the company announced the equity package.

The principal purpose of the Offering is to finance Elia Group’s organic growth and to support the Company’s societal mission to accelerate the energy transition. The Offering will strengthen Elia’s balance sheet and support regulated investments in Belgium and Germany through their respective subsidiaries. 

Bernard Gustin, CEO of Elia Group, said: "This transaction will support the Group’s future growth. The proceeds raised via the rights issue along with the €850 million private placement transaction recently executed, will provide the Group with a significant capital infusion that will address its equity funding requirements. This will enable us to execute our investment plan. Elia Group remains committed to drive clean energy competitiveness and strengthen Europe’s strategic autonomy through secure and resilient energy systems.”

Our thanks to our wonderful clients at Elia and legal advisors Linklaters.

If you’d like to find out how we can help ensure the success of your most important capital raises, chat with us today: hello@blackandcallow.com

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