Badenova invests $4.64 billion to transform its energy infrastructure by 2050
German energy group Badenova plans to invest $4.64 billion in its energy networks and capacity by 2050, including $232 million committed from 2025, according to the company’s recently published annual financial results.
| Sector | Réseaux chaleur, Énergie Hydrogène, Hydrogène vert, Réseau chaleur, Réseaux électriques, Transport |
|---|---|
| Theme | Investissements & Transactions, Investissement entreprise |
The German energy company Badenova has confirmed its long-term strategic investment plan aimed at modernizing its energy infrastructure, notably by converting part of its natural gas facilities to hydrogen as well as expanding its renewable energy networks. The announced amounts are part of a global plan totalling EUR 4 billion ($4.64 billion), progressively allocated until 2050.
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