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elia group Elia | 50Hertz | EGI PRESS RELEASE | Brussels , 26 November 2021 , 8:00 am - Today Elia Group ( Euronext : ELI ) Quarterly statement : Elia Group Q3 2021 Regulated information Pe Highlights Good progress on delivering the investment plan . 50Hertz received final permit approval for Ostwind 2 and substations of Rochefort and Pepinster are operational again after floods ## 1 Europe approves Belgium's capacity remuneration mechanism and first auction successfully organized BNetzA sets return on equity for the next regulatory period Elia Group and Octopus Energy Group solidifying commitment to putting consumers at the heart of the en ergy transition First ESG rating for Elia Transmission Belgium A new way to communicate grid imbalances to market participants Nemo Link continues to deliver an outstanding operational and financial performance leading to an upwards revision of the outlook for 2021 50Hertz received final permit approval for Ostwind 2 50Hertz received the final permit approval for the Ostwind 2 project in mid - September 2021. By reaching this mile stone , the overall project is fully approved and the project team can start the sea cable laying in the affected section of the route directly in front of the Arcadis Ost 1 offshore substation . For expanding the transmission capacity of the onshore substation Lubmin , new transformers have been delivered . Significant progress was also made in the pro duction and laying of the cables . Once completed , the Ostwind 2 grid connection will be able to supply 750 mega watts ( MW ) of wind energy to German consumers . Further strengthening of the onshore grid All substations operational again after floods The urgent repairs that needed to be carried out in our Rochefort and Pepinster substations following the mid - July floods in Belgium have now been completed . Due to good cooperation with our subcontractors and the distribution system operators , the repair work was completed faster than planned . Approval procedure started for the converter of the German - Swedish interconnector Hansa PowerBridge To transport energy between the Swedish and German alternating voltage grids via the interconnector ( across a dis tance of 300 km ) , the electricity has to be converted into direct voltage by the converters at either end of the intercon nector . In Germany , the Hansa PowerBridge will be connected to the transmission grid via the Güstrow substation . 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