Dutch grid operator Enexis secures €500M EIB loan for power network

By: Anwesha Pattanaik Source: Power Technology Reading time: 2 min

Dutch energy network operator Enexis has secured a €500 million ($570 million) financing facility from the European Investment Bank (EIB) to support its 2026 electricity grid investment programme.

Project Scope

The funding will be used for the expansion, reinforcement, and renewal of power infrastructure across five Dutch provinces:

• Groningen
• Overijssel
• Drenthe
• North Brabant
• Limburg

The project covers works involving approximately:

• 2,800 km of medium-voltage cables
• 1,800 km of low-voltage cables

Objectives

The programme aims to address growing pressure on the electricity network caused by:

• The increase in renewable energy sources (solar and wind)
• Rising demand from households, businesses, and electric vehicles

According to Enexis, the programme seeks to:

• Increase connection capacity for renewable energy
• Facilitate broader electrification in residential areas, mobility, business operations, and industry

Plans include the installation of new and higher-capacity cables, additional transformer stations, and digital solutions to enhance network management.

Executive Statements

Robert de Groot, EIB Vice-President, said:

"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."

Marjanne van Ittersum, Enexis CFO, said:

"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."

Strategic Alignment

The funding aligns with the EIB's priorities by supporting activities that:

• Accelerate the energy transition
• Link additional renewable energy supply to the grid
• Enable electrification
• Strengthen the reliability of the energy system

About Enexis

Enexis operates as a regional distribution system operator, supplying electricity and gas to approximately three million households and companies within its designated Dutch provinces.

Related Development

In April 2026, the EIB and Société Générale completed a €153 million financing agreement for the Sand Solar Project, a 137 MW photovoltaic plant in Monreale and Gibellina, Sicily.

This article was originally created and published by Power Technology, a GlobalData owned brand.