Elia stock trades at EUR 117.50 after a minus 0.72 percent day
Published on 09/29/2026 at 17:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Elia (ISIN BE0003822393) was trading at EUR 117.50 at Lang & Schwarz on September 29, 2026, at 5:02 p.m. CEST, minus 0.72 percent versus the prior close of EUR 118.35. The main company development is a EUR 1.00 billion credit facility for the Princess Elisabeth Island project, which strengthens the financing base for Elia's offshore grid expansion.
EUR 1.00 billion backs island
According to Reuters on September 7, 2026, the European Investment Bank secured the EUR 1.00 billion facility for the North Sea energy island. The artificial island is planned 45 kilometers off the Belgian coast and is intended to connect future offshore wind farms with the Belgian grid.
The project gives investors a concrete measure of Elia's capital needs. Reuters also reported that Elia had higher first-half revenue in July and reiterated its full-year profit outlook, linking the financing event to an operating story rather than a standalone funding announcement.
Revenue rose 18 percent
Elia's first-half revenue rose 18 percent in H1 2026, according to MarketScreener. That comparison provides the clearest operating counterweight to the daily share price, which stood below the EUR 118.35 prior close at the Lang & Schwarz snapshot.
Analyst expectations remain higher than the reference price. Ideal Investisseur reported that KBC Securities set a EUR 145.00 target for Elia, up from EUR 131.00, on September 3, 2026. The price target lies 23.40 percent above EUR 117.50, using the Lang & Schwarz reference price.
Elia stock stays below EUR 118.35
Elia stock was trading at EUR 117.50 at Lang & Schwarz on September 29, 2026, at 5:02 p.m. CEST, minus 0.72 percent versus the prior close of EUR 118.35 on September 28, 2026. The market is weighing the EUR 1.00 billion project financing and 18 percent H1 revenue growth against the funding demands of large offshore infrastructure.
Elia Group stock facts
- Company: Elia Group SA/NV
- ISIN: BE0003822393
- Ticker: ELI
- Primary exchange: Euronext Brussels
- Price Lang & Schwarz (as of September 29, 2026, 5:02 p.m. CEST): EUR 117.50
- Change versus prior close: minus 0.72 percent
- Prior close Lang & Schwarz (September 28, 2026): EUR 118.35
- Sector / Industry: Utilities / Regulated Electric
