{
  "url": "https://openlegislation.uk/eu-decision-2015-658/annex-A/division-13",
  "json_url": "https://openlegislation.uk/eu-decision-2015-658/annex-A/division-13.json",
  "legislation": "eudn/2015/658",
  "legislation_title": "Commission Decision (EU) 2015/658 of 8 October 2014 on the aid measure SA.34947 (2013/C) (ex 2013/N) which the United Kingdom is planning to implement for support to the Hinkley Point C nuclear power station (notified under document C(2014) 7142) (Only the English version is authentic) (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2015-658",
  "path": "annex/A/division/13",
  "kind": "division",
  "number": null,
  "heading": null,
  "text": "Table 15\nCost of capital estimates for companies belonging to industry group ‘Utility (general)’ in the European Union\nSource: http://www.stern.nyu.edu/~adamodar/pc/datasets/Eurocompfirm.xls (retrieved on 14 June 2014).\n(The presented WACCs are nominal (in USD terms, using USD risk free rate = 3,04 per cent) & post-tax. For the various definitions used by Damodaran, see: http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/variable.htm).\n(per cent)\nCompany Name\nCountry\nCost of equity in USD\nPre-tax cost of debt in USD\nAfter-tax cost of debt in USD\nCost of capital in USD\nE.ON SE (DB:EOAN)\nGermany\n8,25\n4,04\n3,19\n5,78\nRWE AG (DB:RWE)\nGermany\n7,95\n4,54\n3,59\n5,54\nCentrica plc (LSE:CNA)\nUK\n6,99\n4,44\n3,11\n6,04\nVeolia Environnement S.A. (ENXTPA:VIE)\nFrance\n11,62\n5,44\n4,30\n6,46\nNational Grid plc (LSE:NG.)\nUK\n9,37\n4,44\n3,11\n6,33\nSuez Environnement Company SA (ENXTPA:SEV)\nFrance\n9,97\n4,94\n3,90\n6,38\nA2A SpA. (BIT:A2A)\nItaly\n13,72\n7,44\n5,88\n8,68\nHera SpA. (BIT:HER)\nItaly\n12,65\n5,94\n4,69\n7,94\nMVV Energie AG (XTRA:MVV1)\nGermany\n8,31\n4,04\n3,19\n5,70\nACEA SpA. (BIT:ACE)\nItaly\n12,15\n6,44\n5,09\n7,68\nIren SpA (BIT:IRE)\nItaly\n13,85\n7,94\n6,27\n8,80\nMainova AG (DB:MNV6)\nGermany\n6,96\n5,54\n4,38\n6,30\nGelsenwasser AG (DB:WWG)\nGermany\n6,09\n5,54\n4,38\n6,08\nTelecom Plus plc (LSE:TEP)\nUK\n6,45\n4,94\n3,46\n6,44\nCompagnie Parisienne de Chauffage Urbain (ENXTPA:CHAU)\nFrance\n7,73\n4,94\n3,90\n6,33\nZespól Elektrocieplowni Wroclawskich KOGENERACJA Spólka Akcyjna (WSE:KGN)\nPoland\n7,44\n5,39\n4,26\n6,94\nFintel Energia Group SpA (BIT:FTL)\nItaly\n9,88\n8,94\n7,06\n9,02\nREN — Redes Energéticas Nacionais, SGPS, S.A. (ENXTLS:RENE)\nPortugal\n19,97\n7,64\n6,04\n10,05\nGDF SUEZ S.A. (ENXTPA:GSZ)\nFrance\n8,70\n4,44\n3,51\n5,74\nBurgenland Holding Aktiengesellschaft (WBAG:BHD)\nAustria\n6,08\n5,54\n4,38\n6,08",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2015/658/annex/A/division/13",
    "retrieved_at": "2026-11-01T15:14:22.986865+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}