Enersense International: Fingrid's estimated investments for 2025–2028 are EUR 1.7bn - Nordea

With the rapidly occurring energy transition, significant investments have been made in the grid and will continue to be made. Grid investments from European TSOs amounted to EUR ~34bn in 2024, up from EUR 13bn in 2020 (+28% CAGR), and we estimate that investments will reach EUR 62bn for 2028 (+16% CAGR 2024-28E). We estimate that TSO investments in the Nordic region will grow by 23% y/y for 2025 and 30% for 2026 and then flatline in 2028.

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