| Invested through |
|
|---|---|
| Asset Classes | Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | XS0792977984 |
| Industry group | Multi-Utilities |
| Aligned with SDGs |
Alliander is a spin-off from Dutch utility Nuon. As a network company, Alliander is responsible for the distribution of energy such as electricity, (bio)gas and heat. Alliander ensures that energy finds its way from generator or feed-in source to the end consumer. The energy distributed by the company comes from diverse sources, such as energy plants and wind farms, as well as from imports via the national electricity and gas grids operated by TenneT and Gasunie, respectively. In addition, a growing number of consumers and businesses are feeding self-generated energy into its energy networks.
Alliander, headquartered in Arnhem, has two major business units: Liander (utility network operator) and Qirion (construction and maintenance of complex energy infrastructures). In 2020, the company had nearly 6,000 employees and 5.8 million customer connections. It manages approximately 92,000 km of electricity cable and 42,000 km of gas pipeline. It is mainly active in the provinces of Gelderland, Flevoland, Friesland, North Holland and parts of South Holland.
Investment rationale
Alliander contributes to the energy transition by giving all its customers access to renewable energy under equal terms and conditions. The company also mentions that it helps its clients to actively switch to renewable forms of energy. By enabling energy feed-in on a day-to-day basis and connecting a growing number of charging posts for electric mobility, Alliander contributes towards the sustainability of our cities.
Energy network operators play an essential role in assuring safe, affordable and continuous availability of energy. In addition to facilitating energy transition, Alliander also cooperates with industry partners to develop solutions to the challenges of connecting renewable energy into the grid. Natural gas is considered as a short- and to medium-term bridge fuel in the energy transition process, and Alliander, as a gas network operator, contributes to this temporary solution.
The company is also working towards circular and climate-neutral business operations. This means that its business operations will run solely on renewable energy and that the waste produced will be converted into input for the materials the company consumes.