Enaon EDA proposes €493.9 million natural gas network investment

Enaon EDA has submitted a strategic development plan to the Regulatory Authority for Waste, Energy and Water (RAAEEY) for the period 2027–2031. The company proposes a total investment of €493.9 million in the natural gas distribution network.

Regional investment allocations include €126.2 million for Attica, €78.3 million for Thessaloniki, €77.7 million for Thessaly, and €211.5 million for the rest of Greece. The plan aims to expand the low-pressure network by approximately 478 km and install over 93,000 new meters. In Attica, the customer base is projected to grow from 476,688 at the end of 2026 to 571,751 by 2031.

Financially, the company is seeking a Weighted Average Cost of Capital (WACC) of 8.7% for the 2027–2030 period. The total required revenue for the four-year period is estimated at €1.04 billion, increasing annually from €248.49 million in 2027 to €269.07 million in 2030. Enaon EDA anticipates its total customer base will reach approximately 920,000 by 2030, representing a 22.5% increase, alongside an 18% rise in gas consumption.