Wallonia approves 85-kilometer Elia route: Elia stock sits 13.10 percent below 52-week high

Published on 10/21/2026 at 09:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wallonia approved the route on October 20, 2026, after years of studies. Elia stock costs EUR 124.35 versus its EUR 124.30 Xetra close.

Project and earnings update

Wallonia approved the 85-kilometer Boucle du Hainaut route on October 20, 2026.
Elia reported EUR 2.56 billion in first-half 2026 revenue, up 18 percent year over year.
Elia stock trades at EUR 124.35 at 9:45 a.m. CEST at Lang & Schwarz on October 21, 2026, 0.04 percent above the Xetra close of October 20, 2026.
Elia Group's next quarterly statement is scheduled for November 27, 2026.

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Elia (ISIN BE0003822393) was trading at EUR 124.35 at Lang & Schwarz on October 21, 2026 at 9:45 a.m. CEST, 0.04 percent above the Xetra close of October 20, 2026 at EUR 124.30. The Walloon government approved the 85-kilometer Boucle du Hainaut route on October 20, 2026, according to Test Achats. Elia stock stood 13.10 percent below its EUR 143.10 52-week high as of October 21, 2026.

Three dates shape the story

Simply Wall St reported that a March 12, 2026 estimate revision cut the fiscal-year 2026 revenue forecast from EUR 6.14 billion to EUR 5.50 billion, while first-half 2026 results released on July 30, 2026 showed revenue of EUR 2.56 billion, up 18 percent from the prior-year period. The latest route decision adds a dated infrastructure milestone to that earnings backdrop: the line is planned to enter service in 2032 or 2033, according to Test Achats.

What does the project change?

The route is designed to run through 14 municipalities and improve capacity for new connections, including offshore wind integration. Test Achats said the investment is about EUR 700 million, while compensation was estimated at EUR 375,000 per kilometer and EUR 30 million in total. The project still faces a public inquiry and further approval steps, with final approval expected no earlier than the end of 2027.

When are the next dates?

Elia Group's investor-relations calendar lists the next quarterly statement for November 27, 2026 and full-year 2026 results for March 3, 2027, according to Elia Group. Those dates give investors the next scheduled checkpoints for the execution story and the 2026 earnings outlook.

Stock remains near its yearly range

MarketScreener identifies Elia as an Electric Utilities company listed on Euronext Brussels under ticker ELI. The current EUR 124.35 quote is EUR 18.75 below the 52-week high of EUR 143.10, a 13.10 percent gap that keeps the route decision and execution timetable central to the stock discussion. Elia's first-half 2026 earnings per share reached EUR 3.19, compared with EUR 2.90 in the first half of 2025, according to Simply Wall St.

Trading level and investor view

Elia was trading at EUR 124.35 at Lang & Schwarz on October 21, 2026 at 9:45 a.m. CEST, 0.04 percent above the Xetra close of October 20, 2026 at EUR 124.30. The further course of trading is shown by the continuously updated real-time quote of Elia stock.