France: Enedis commits €3.6 billion to its business strategy for modernizing the electric grid

Enedis is investing €3.6 billion in an ambitious strategy to modernize the French electric grid, enhance its climate resilience, and support the national industry.

Share:

Enedis, the operator of the French electricity distribution network, is implementing a large-scale strategy to modernize its infrastructure in response to climate challenges. The company announced a €3.6 billion investment in electrical equipment, mostly produced in France, to meet the growing demands of the energy transition.

This plan is based on several strategic calls for tenders, including the largest in Enedis’ history, valued at over €2 billion over eight years. This contract will enable the production of 21,000 medium/low-voltage transformers annually from 2025, compared to 14,000 in 2022. Enedis also plans to install 15,000 public distribution substations from 2025, with an increase to 20,000 by 2027, for a total amount of €1 billion.

A driver of reindustrialization

Enedis’ strategy includes building 12 new production sites in France, generating 200 direct jobs. These sites will strengthen local industrial capabilities while contributing to the reindustrialization of the country.

In parallel, Enedis has programmed the annual installation of 15,000 kilometers of underground low-voltage cables, representing an investment of €600 million. This program aims to improve the grid’s resilience to climate-related risks, significantly exceeding the 10,000 kilometers laid in 2022.

Investments for the energy transition

Enedis’ overall plan, amounting to €96 billion by 2040, allocates €53 billion specifically to the energy transition. This envelope includes €10 billion dedicated to renewable energy integration and €7.5 billion for developing electric mobility.

The company is also investing in workforce training to anticipate future needs. In partnership with the French Ministry of Education, Enedis has already collaborated with over 150 high schools to develop specialized programs in vocational training and electrical network BTS degrees, training over 8,000 students to date.

A sustainable and solidarity-driven vision

Marianne Laigneau, Chairwoman of Enedis’ Executive Board, highlighted the strategic importance of these investments: they ensure a responsible energy transition while offering long-term support to French industrial partners. This project reflects a dual ambition: to reinforce energy sovereignty and modernize the grid sustainably and inclusively.

Iberdrola strengthens its financial position with a new five-year credit facility, signed with 32 banks, to support investments in power grids and renewable energy, particularly in the United States.
Kinder Morgan, Inc. reports strong financial results for the second quarter of 2025, with net profit up 24% and a project backlog boosted by major new investments in natural gas transportation.
CenterPoint Energy remains vigilant as Invest 93L approaches, deploying emergency plans and pursuing upgrades to its electrical infrastructure across the Greater Houston area.
The Georgia Public Service Commission approves the 2025 Integrated Resource Plan, which includes major investments in generation, storage and the grid to address the strong rise in electricity demand.
Norwegian industrial group Aker ASA achieved a strong surge in its share price in the first half, expanded its diversification into real estate, and executed major transactions despite global energy market volatility.
ADNOC announces the transfer of 24.9% of its shares in OMV to its subsidiary XRG, continuing the streamlining of its international assets and preparing the creation of Borouge Group International.
The SMI China Forum brings together international and Chinese leaders for dialogue on supply chains, investment and energy innovation, marking a major step in public-private sector cooperation.
Mining group BHP sees low-emission iron production in Australia as unprofitable, just as Canberra and Beijing announce closer cooperation to decarbonise the global steel industry.
Aker Carbon Capture distributed $162mn in dividends to its shareholders, a direct consequence of significant asset disposals and a substantial restructuring of its balance sheet in the second quarter of 2025.
Equinor ASA acquired 2.1 mn of its own shares on the Oslo Stock Exchange for a total of $201 mn between July 7 and 11, continuing the second phase of its 2025 buyback programme.
Norwegian group Aker Horizons transfers all its activities to a subsidiary of Aker ASA, sells major assets and prepares its new strategy after a half-year net loss of $220mn.
South Texas Electric Cooperative is seeking proposals for the acquisition or purchase of energy for 500 MW of dispatchable capacity, aiming to strengthen long-term supply security in the ERCOT region.
A federal funding package of $16mn aims to accelerate grid modernisation, renewable energy development and carbon capture in Canada’s Maritime provinces.
RTE and Nexans announce the creation of a recycling chain dedicated to aluminium from electrical cables, targeting 600 tonnes annually and covering the entire industrial cycle from collection to production.
Three scientists from China, the United States and Russia are laureates of the 2025 Global Energy Prize, honoured for their work on high-voltage power lines, fuel-cell catalysts and pulsed energy technologies.
Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.
Westbridge Renewable Energy enters digital infrastructure market with Fontus, a 380 MW data centre campus in Colorado, positioned to meet strong growth in US cloud and artificial intelligence services.
Offshore drilling company Borr Drilling Limited announced the completion of an initial tranche issuance of 30 million ordinary shares out of the planned 50 million, raising $61.5mn towards the total goal of $102.5mn.
EDF announces a new internal organization with key executive appointments to enhance decision-making efficiency and expedite the revival of nuclear and hydroelectric projects central to its industrial strategy.
Rubis announces half-year results of its liquidity agreement managed by Exane BNP Paribas, totalling 241,328 shares exchanged for an aggregate amount of €6.5mn in the first half of 2025.