As of that date TenneT will strengthen its national focus by working in two national organizations in the Netherlands and Germany, held together as a group under a single holding company. This organizational adjustment will facilitate future growth as well as potential private investment in TenneT Germany, which is being evaluated by TenneT Holding and the Dutch state as its sole shareholder.
Manon van Beek, CEO of TenneT Holding B.V. said:
"Tim Meyerjürgens has been a key architect of successful innovation and grid expansion in Germany. He is a trusted leader with an unrivalled track record. He also stands for continuity in cooperation across both our markets which will continue to be a crucial success factor for TenneT going forward."
Tim Meyerjürgens, designated CEO of TenneT Germany, said: "I am honoured and grateful for the opportunity to lead my great colleagues at TenneT Germany into the next phase of our unique journey. As the largest grid operator in Germany, located in the heart of Europe, we have a special responsibility. Our team is motivated, and our targets are clear. So is our vision: to deliver and operate a reliable and efficient grid for a cost-effective energy system."
Tim Meyerjürgens is currently Chief Operating Officer (COO) of the Executive Board of TenneT Holding B.V. He is responsible for TenneT's onshore and offshore business both in the Netherlands and in Germany, as well as for all international interconnector projects of the Group. Tim Meyerjürgens has almost 30 years of professional experience in the energy sector combining broad technical and operational knowledge.
About TenneT Germany
TenneT Germany is the largest transmission grid operator in Germany (based on grid length as of 31 December 2023). The company operates critical infrastructure that secures access to a reliable, sustainable and affordable electricity supply. TenneT Germany has over 4,000 internal and external employees and is one of the largest investors in electricity grids on land and at sea in Germany. Located at the Northwest European energy crossroads, TenneT Germany connects: North and South. Offshore and Onshore. Germany and Europe. Its growth is driven by a rapidly evolving electricity demand that requires a flexible and growing grid architecture. TenneT Germany is part of TenneT, the European leader in cross-border grid development and pioneer in linking mainland Europe to one of the world's largest renewable energy sources, the North Sea.
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