{"id":17508,"date":"2026-11-05T14:06:50","date_gmt":"2026-11-05T13:06:50","guid":{"rendered":"https:\/\/fnb-gas.de\/news\/fnb-gas-on-the-federal-network-agencys-announcement-regarding-the-determination-of-the-weighted-average-cost-of-capital-wacc\/"},"modified":"2026-11-05T15:26:52","modified_gmt":"2026-11-05T14:26:52","slug":"fnb-gas-on-the-federal-network-agencys-announcement-regarding-the-determination-of-the-weighted-average-cost-of-capital-wacc","status":"publish","type":"news","link":"https:\/\/fnb-gas.de\/en\/news\/fnb-gas-on-the-federal-network-agencys-announcement-regarding-the-determination-of-the-weighted-average-cost-of-capital-wacc\/","title":{"rendered":"FNB Gas on the Federal Network Agency’s Announcement Regarding the Determination of the Weighted Average Cost of Capital (WACC)"},"content":{"rendered":"\n

In response to the Federal Network Agency\u2019s (BNetzA) announcement regarding the determination of the weighted average cost of capital (WACC) (Federal Network Agency \u2013 News \u2013 Decision-Making Chamber 9<\/a>), Barbara Fischer, Executive Director of FNB Gas e.V., states:<\/p>\n\n\n\n\n\n\n\n

\u201cFNB Gas welcomes the fact that, as part of the process of determining the weighted average cost of capital (WACC), the BNetzA intends to use capital market data from the calendar year 2026 and that the cost of equity and debt will be updated based on the data available at that time. In doing so, it is addressing a key point of criticism raised by the transmission system operators (TSOs).<\/em><\/p>\n\n\n\n

However, simply updating the data is not enough. It is crucial that the methodological criticisms of the draft regulation also be properly addressed. For example, the BNetzA\u2019s draft regulation contains errors in the application of its own methodology for return on capital and statistical shortcomings. As a result, the actual capital market conditions, as well as the risks and financing costs of the TSOs, are not adequately reflected. The TSOs had submitted a comprehensive financial analysis report<\/a> on this matter.\u201d<\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

FNB Gas welcomes the fact that, as part of the process of determining the weighted average cost of capital (WACC), the BNetzA intends to use capital market data from the calendar year 2026 and that the cost of equity and debt will be updated based on the data available at that time. In doing so, it addresses a key point of criticism raised by the transmission system operators (FNB).<\/p>\n","protected":false},"featured_media":10846,"parent":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"news_resort":[65],"news_types":[72],"class_list":["post-17508","news","type-news","status-publish","has-post-thumbnail","hentry","news_resort-energy-future","news_types-comment"],"acf":[],"yoast_head":"\nFNB Gas on the Federal Network Agency’s Announcement Regarding the Determination of the Weighted Average Cost of Capital (WACC) - FNB Gas<\/title>\n<meta name=\"description\" content=\"FNB Gas welcomes the fact that, as part of the process of determining the weighted average cost of capital (WACC), the BNetzA intends to use capital market data from the calendar year 2026 and that the cost of equity and debt will be updated based on the data available at that time. In doing so, it addresses a key point of criticism raised by the transmission system operators (FNB).\" \/>\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-announcement-regarding-the-determination-of-the-weighted-average-cost-of-capital-wacc\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"FNB Gas on the Federal Network Agency's Announcement Regarding the Determination of the Weighted Average Cost of Capital (WACC)\" \/>\n<meta name=\"twitter:description\" content=\"FNB Gas welcomes the fact that, as part of the process of determining the weighted average cost of capital (WACC), the BNetzA intends to use capital market data from the calendar year 2026 and that the cost of equity and debt will be updated based on the data available at that time. 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