TenneT: “Citizens’ bonds” (“Bürgeranleihe”)

Year

2013

Organisation

TenneT

Description

In the summer of 2013, TenneT realized the first pilot project for financial participation of affected citizens of a transmission line in the region Schleswig-Holstein, in the Northern part of Germany. 15% of the investment sum of the “West-coast line” was made available for investment via so-called citizens’ bonds (“Bürgeranleihe”). People living within a radius of 5 kilometres of the new power line would be treated preferentially when issuing up to 10,000 Euros. More than 100 households signed up for the bond.

 

RGI gratefully acknowledges the EU LIFE funding support:

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Funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the LIFE Programme. Neither the European Union nor the granting authority can be held responsible for them.