#transmission grid


Ellevio acquires Markbygden Net Vast AB

Ellevio acquires Markbygden Net Vast AB

Swedish energy company Ellevio has acquired Markbygden Net Vast AB, a company building a power network in the northern Swedish region of Norrbotten.

German grid needs $324.5 B by 2050

German grid needs $324.5 B by 2050

A forecast study on behalf of German bank KfW determined that investments of roughly €300 billion ($324.5 billion) will be needed for the country’s grid infrastructure by 2050.