Financial outlook for 2024


Alliander’s work package will continue to grow significantly in 2024. We anticipate that the gross investments, mainly for expanding the networks, will total in excess of €1.8 billion in 2024. As a consequence of the fast-growing demand for transmission, the power grid is becoming increasingly congested, resulting in limits on transmission. Besides the traditional way of resolving this issue by laying additional cables, Alliander is also boosting its efforts to make better use of the networks.

Cash flow

The ever increasing investment level cannot be fully financed with the operational cash flows, which is expected to result in a substantial negative free cash flow in 2024. In addition, €900 million in interest-bearing debt will expire in 2024, consisting of €500 million in ECP financing and €400 million in bond loans. The amount of financing required as a result of this is limited by the revenue of almost €1 billion regarding the sale of Kenter no later than in January 2024.

Implementation of the CSRD

As a Public-Interest Entity (PIE), Alliander will be required to report in line with the CSRD (Corporate Sustainability Reporting Directive) from 1 January 2024. This is a statutory obligation that will apply from the 2024 financial year; an account of this will be disclosed in the 2024 annual report. Furthermore, this account will be included in the scope of the external auditor’s assignment.