{"id":16797,"date":"2026-08-17T13:42:18","date_gmt":"2026-08-17T11:42:18","guid":{"rendered":"https:\/\/fnb-gas.de\/news\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\/"},"modified":"2026-08-17T14:03:21","modified_gmt":"2026-08-17T12:03:21","slug":"fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent","status":"publish","type":"news","link":"https:\/\/fnb-gas.de\/en\/news\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\/","title":{"rendered":"FNB Gas on the Federal Network Agency&#8217;s proposal for a WACC rate of 3.76 percent"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Federal Network Agency published its draft regulation today on the determination of the rate of return on capital for natural gas network operators. Barbara Fischer, Managing Director of FNB Gas, commented: <\/p>\n\n<!--more-->\n\n<div class=\"fnb-zitat-block\">\n    <div class=\"fnb-zitat-wrap  stil-balken\">\n        <span class=\"zitat-line\"><\/span>\n        <div class=\"fnb-zitat\"><span>The return on total capital proposed today by the BNetzA is far too low in the general investment environment and is merely on par with currently observable interest rates on debt. Given the actual financing costs\u2014which are also driven by the increased risks faced by FNBs\u2014this rate is therefore not competitive and jeopardizes the financing of the FNB\u2019s legally mandated tasks related to security of supply and the energy transition. Improvements are needed in this area.  <\/span><\/div>\n                                    <div class=\"fnb-zitat-autor\">Barbara Fischer, Managing Director of FNB Gas<\/div>\n                 <span class=\"zitat-line\"><\/span>\n        <\/div>\n\n    <\/div>","protected":false},"excerpt":{"rendered":"<p>The Federal Network Agency published its draft regulation today on the determination of the rate of return on capital for natural gas network operators. Barbara Fischer, Managing Director of FNB Gas, commented: <\/p>\n","protected":false},"featured_media":5584,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"news_resort":[65],"news_types":[72],"class_list":["post-16797","news","type-news","status-publish","has-post-thumbnail","hentry","news_resort-energy-future","news_types-comment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FNB Gas on the Federal Network Agency&#039;s proposal for a WACC rate of 3.76 percent - FNB Gas<\/title>\n<meta name=\"description\" content=\"The Federal Network Agency published its draft regulation today on the determination of the rate of return on capital for natural gas network operators. Barbara Fischer, Managing Director of FNB Gas, commented:\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fnb-gas.de\/en\/news\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FNB Gas on the Federal Network Agency&#039;s proposal for a WACC rate of 3.76 percent\" \/>\n<meta name=\"twitter:description\" content=\"The Federal Network Agency published its draft regulation today on the determination of the rate of return on capital for natural gas network operators. Barbara Fischer, Managing Director of FNB Gas, commented:\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fnb-gas.de\/wp-content\/uploads\/2021\/10\/6DDFF37C-26E8-4905-9902-BFF9462DC3B8_1_105_c-707x300.jpeg\" \/>\n<meta name=\"twitter:site\" content=\"@FNB_Gas\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/fnb-gas.de\\\/en\\\/news\\\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\\\/\",\"url\":\"https:\\\/\\\/fnb-gas.de\\\/en\\\/news\\\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\\\/\",\"name\":\"FNB Gas on the Federal Network Agency's proposal for a WACC rate of 3.76 percent - FNB Gas\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fnb-gas.de\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/fnb-gas.de\\\/en\\\/news\\\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/fnb-gas.de\\\/en\\\/news\\\/fnb-gas-on-the-federal-network-agencys-proposal-for-a-wacc-rate-of-3-76-percent\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/fnb-gas.de\\\/wp-content\\\/uploads\\\/2021\\\/10\\\/6DDFF37C-26E8-4905-9902-BFF9462DC3B8_1_105_c.jpeg\",\"datePublished\":\"2026-08-17T11:42:18+00:00\",\"dateModified\":\"2026-08-17T12:03:21+00:00\",\"description\":\"The Federal Network Agency published its draft regulation today on the determination of the rate of return on capital for natural gas network operators. 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