Fluxys has agreed to acquire from Macquarie Asset Management its c. 24% stake in Open Grid Europe (“OGE”), the largest transmission system operator in Germany. The acquisition fits perfectly with Fluxys’ strategy to be the essential infrastructure partner for speeding up the energy transition.
EIG, a leading institutional investor to the global energy and infrastructure sectors, and Fluxys, a leading energy infrastructure company, today announced that they jointly will acquire an 80% equity stake in GNL Quintero S.A. (“Quintero”), the largest liquefied natural gas (LNG) regasification terminal in Chile, from Enagas Chile SpA and affiliates of OMERS Infrastructure. Terms of the transaction were not disclosed.
TAP shareholders Fluxys and Enagás have jointly agreed to purchase co-shareholder Axpo’s 5% stake in the pipeline. Fluxys will acquire 1% and Spain’s Enagás 4% of Axpo’s stake. Both companies will thus become 20% partner in TAP like the other shareholders Snam (Italy), bp (UK) and SOCAR (Azerbaijan).
Fluxys Belgium, Fluxys LNG (hereinafter "Fluxys Belgium") and the CREG have agreed to propose to the market some adjustments to the tariff methodology. In an environment characterised by high inflation and volatile and rising interest rates, these adjustments will allow Fluxys Belgium's margin to reach a fair level for the period 2024-2027.
Today’s additional proposals invite industrial parties to express their interest to connect into open access infrastructure for hydrogen in Liège & Mons and for CO2 in Antwerp & Ghent.
Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG today signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal. Under the agreement, QTL subscribes unloading slots at the facility from the expiry of the current long-term unloading contracts and up to 2044.
Under Fluxys Belgium's tariff proposal for 2020-2023, as approved by CREG on 7 May 2019, transmission tariffs will be corrected in the event that the development of the regulatory account deviates from its planned trajectory.
The Zeebrugge LNG terminal loaded the Yenisei River vessel with LNG from the newly commissioned LNG storage tank in late December. The loading operation marked the start of the long-term contract for transshipments concluded in 2015 with Yamal Trade.
An exceptional event took place at the Antoing brick factory, involving three major players: Heidelberg Materials, Fluxys, and Equinor. By creating a value chain for CO₂ capture, transport, and storage (CCS), these companies are collaborating on an innovative solution for one of the greatest challenges of our time: climate change.
Researchers at KU Leuven have developed game-changing hydrogen panels that are garnering attention from around the world. Fluxys recently installed several of these panels on the green roof of its Anderlecht lab with a view to joining forces with the university and conducting extensive tests for a year.
The Board of Directors of Fluxys Belgium SA has the honour to invite the shareholders of the company to attend the ordinary general meeting to be held on Tuesday 9 May 2023 from 2.30 pm at the company's registered office, Kunstlaan 31, 1040 Brussels.
Today, infrastructure partner Fluxys Belgium welcomed the EU Commissioner for Energy, Kadri Simson, at the construction site of its first dual-purpose pipeline. Initially, the pipeline between Zeebrugge and Brussels will substantially increase the capacity for the security of supply of Belgium and neighbouring countries. In addition, this pipeline is ready for use to transport hydrogen.
A powerful consortium of four Belgian industrial players – Prefer, Fluxys Belgium, Lhoist and Orbix – have joined forces to help decarbonise Belgian industry and provide a sustainable solution for the construction sector. They have now been selected by an European innovation fund (Innovation Fund Small Scale) and will receive a €4.5 million grant. Although there is still another administrative step to complete by March 2023, this announcement is wonderful news for the project, as it crystallises the work of the consortium and gives it the boost it needs to successfully carry out the project.
The Ordinary General Meeting of Shareholders of 9 May 2023 decided to distribute a dividend for the financial year 2022 and set the gross amount at EUR 1.40 per share.
Within the spirit of partnerships and cross-border cooperation for CO₂ transport, Fluxys Belgium and Wintershall Dea signed a cooperation agreement. This agreement is one of the many steps to accelerate the green transition and to contribute towards a sustainable low carbon industry.
Fluxys Belgium, Pipelink, Socofe and SFPIM join forces in “Fluxys c-grid” to create a CO₂ network operator. This newly created organisation underlines our common ambition to support industries in their transition efforts to a low carbon future. At the same time, it shows our readiness for both the upcoming legal and regulatory frameworks for CO₂ transport activities. Fluxys c-grid ensures a long-term approach combining a regional focus with a broad internationally interconnected network.
Information on key events in the first half of 2023 and their impact on the financial situation of Fluxys Belgium.
29/03/2023 - Annual results Fluxys Belgium financial year 2022
Infrastructure partner Fluxys Belgium started today, in the presence of Prime Minister Alexander De Croo and Federal Minister of Energy Tinne Van der Straeten, the construction of the first dual-purpose pipeline. Initially this pipeline between Zeebrugge and Brussels will greatly increase the capacity for the security of supply of Belgium and neighbouring countries. In addition, this pipeline is ready for use to transport hydrogen. Prime Minister Alexander De Croo and Energy Minister Tinne Van der Straeten visited the site in Lokeren (East Flanders) today, where pipes with a diameter of 1 metre are pushed under the road surface.