Elia expands Tarchon link as Elia stock trades at EUR 118.30

Published on 10/12/2026 at 09:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

WindGrid will hold 25.00 percent of Tarchon, a 1.40 GW link, in the partnership. Elia stock costs EUR 118.30 on October 12, 2026.

Key points in brief

Elia Group expanded its Tarchon partnership with CPP Investments on September 29, 2026.
WindGrid will hold a 25.00 percent look-through stake in the 1.40 GW interconnector project.
Elia stock was at EUR 118.30 at Lang & Schwarz on October 12, 2026 at 9:41 a.m. CEST.
Net income for the first half of 2026 rose 29.40 percent to EUR 348.70 million.
Elia's next quarterly statement is scheduled for November 27, 2026.

Aquarellmalerei der Brüsseler Skyline mit fernen Strommasten am Horizont — Elia Group S.A., ISIN BE0003822393, symbolisiert durch ein Aquarellbild der Brüsseler Skyline bei Sonnenuntergang, Illustration mit AI erstellt.

Elia Group expanded its partnership with CPP Investments around the Tarchon interconnector project on September 29, 2026, with WindGrid holding a 25.00 percent look-through stake. Elia stock was at EUR 118.30 at Lang & Schwarz on October 12, 2026 at 9:41 a.m. CEST.

What does Tarchon add?

According to Chief Investment Officer on September 29, 2026, Tarchon is planned as a 1.40 GW high-voltage direct-current link between Germany and the United Kingdom. The project still requires approval from regulators in both countries, while the transaction is expected to close by the end of 2026.

The commercial angle is the stake rather than a simple construction contract. WindGrid's 25.00 percent look-through position gives Elia exposure to a cross-border asset while leaving CPP Investments as the majority investor in the project structure.

Three dated milestones

On July 29, 2026, Elia Group reported half-year results for the period ended June 30, 2026. Net income was EUR 348.70 million, up 29.40 percent from EUR 269.50 million in the comparable period, according to Lightyear.

On September 18, 2026, the European Commission cleared the merger between Publigas and Publi-T under case number M.12506, linking the entities controlling Belgium's gas and electricity transmission operators. The September 29 Tarchon partnership followed those two milestones and adds a 1.40 GW infrastructure project to Elia's development pipeline.

Dates for the next report

Elia's investor-relations calendar lists the next quarterly statement for November 27, 2026, followed by full-year 2026 results on March 3, 2027, according to Elia Group. The schedule gives the stock a defined reporting checkpoint after the Tarchon announcement.

Stock price and valuation

Elia's market capitalization was EUR 12.9 billion on October 12, 2026. The 52-week range was EUR 99.05 to EUR 143.10, placing the EUR 118.30 Lang & Schwarz quote between those levels; the price was 17.33 percent below the 52-week high, calculated from the same euro values.

Elia Group operates regulated electricity transmission networks in Belgium and Germany, so the Tarchon project complements its existing role with a new cross-border asset. The regulatory approval requirement remains a material execution condition for the project timeline.

Elia stock at Lang & Schwarz

Elia stock was trading at EUR 118.30 at Lang & Schwarz on October 12, 2026 at 9:41 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Elia stock.