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elia group Elia | 50Hertz | EGI PRESS RELEASE | Brussels , 19 May 2021 , 8:00 am - Today Elia Group ( Euronext : ELI ) Quarterly statement : Elia Group Q1 2021 Regulated information Highlights 1 Financial outlook for 2021 reiterated Strong cooperation between Energinet and Elia Group as feasibility studies are being undertaken for hybrid inter connectors in the North and Baltic Seas 90 ## 50Hertz has started laying the cable for Ostwind 2 The backbone of the Belgian high - voltage grid is being upgraded to ensure security of supply Elia Transmission Belgium and BESIX want to give smart buildings an active role in the electricity system First SF6 free gas - insulated switchgear commissioned by 50Hertz Elia Group has rejoined BEL 20 Index Financial outlook for 2021 Elia Group remains confident with regard to realising an Adjusted Return on Equity ( ROE adj.¹ ) of between 5.5 % and 6.5 % for 2021 . In Belgium we are confident of achieving a return on equity ( ROE ) of between 5 % and 6 % while maintaining an investment target of € 365 million . The realisation of the investment programme is progressing well . In Germany we are confident in our ability to deliver a return on equity ( ROE ) of between 8 % and 10 % . 50Hertz Transmission is expected to invest roughly € 860 million . The realisation of the investment programme is always prone to external risks . ¹ Determined as the result attributable to ordinary shareholder / Equity to ordinary shareholders . The non - regulated segment & Nemo Link , which comprises the return of Nemo Link , the return of the non - regu lated activities ( mainly re.alto and EGI ) and the operating costs inherent in the management of a holding com pany , is expected to slightly increase its result compared to 2020. The performance of this segment will depend to For further information Yannick Dekoninck | M +32 478 90 13 16 | investor.relations@eliagroup.eu Stéphanie Luyten | M +32 467 05 44 95 | investor.relations@eliagroup.eu