Amprion's Stellar H1 2024: On-Target Results & Grid Expansion Investments

• Amprion invested €1.3 billion in grid expansion in the first half of 2024, with plans to invest a total of €3.9 billion for the year.
• Revenue decreased by approximately 5% year-on-year to €2.8 billion, primarily due to a one-time federal subsidy in the previous year and reduced congestion management proceeds.
• Adjusted EBITDA rose by around 27% to approximately €593 million, while adjusted net income increased by about 24% to around €214 million, driven by a larger asset base from higher investments.
• The company plans to invest €27.5 billion in grid infrastructure by 2028, indicating a strong commitment to upgrading and expanding the transmission grid.
• Amprion published its second Green Finance Investor Report, detailing the use of funds raised from green bonds, which total €3.0 billion, contributing to Germany's climate targets for 2035.
• The company has secured around €29 billion in resources and services for grid expansion projects through 2034, reflecting a strategic focus on capacity and sustainability.