Since July 1, 2023, GASCADE share in OPAL fully subject to regulation. GASCADE's pipeline system grows by 473 kilometers.
Kassel. With the entry in the commercial register on August 31, 2023, the 80 percent fractional ownership of W & G Transport Holding GmbH (WGTH) in the Baltic Sea Pipeline Link (OPAL) was transferred to GASCADE Gastransport GmbH (GASCADE) by way of spin-off of the regulated part of the operation.
The fractional ownership part of WGTH, which, until June 30, 2023, was partially exempt from regulation, has been operated since its commissioning at the end of 2011 by OPAL Gastransport GmbH & Co. KG (OGT), which has also marketed its share of OPAL's transport capacity. Following the decision by the Federal Network Agency to revoke the partial exemption from regulation granted to OGT in 2009, WGTH's former OPAL fractional ownership share has been fully regulated since July 1, 2023. The transfer of the now fully regulated operations to GASCADE, a certified independent transmission operator, takes this into account. GASCADE's pipeline system is now more than 3,700 kilometers long.
In addition to GASCADE (80 percent), the fractional owner of OPAL is Lubmin-Brandov Gastransport GmbH, Essen (20 percent), which belongs to Uniper Global Commodities SE, Düsseldorf. From the starting point in Lubmin near Greifswald, the pipeline runs through Mecklenburg-Western Pomerania, Brandenburg and Saxony over 473 kilometers to the German-Czech border near Olbernhau.
