5.

Where an independent system operator has been designated, the transmission system owner shall: provide all the relevant cooperation and support to the independent system operator for the fulfilment of its tasks, including in particular all relevant information; finance the investments decided by the independent system operator and approved by the regulatory authority, or give its agreement to financing by any interested party including the independent system operator. The relevant financing arrangements shall be subject to approval by the regulatory authority. Prior to such approval, the regulatory authority shall consult the transmission system owner together with the other interested parties; provide for the coverage of liability relating to the network assets, excluding the liability relating to the tasks of the independent system operator; and provide guarantees to facilitate financing any network expansions with the exception of those investments where, pursuant to point (b), it has given its agreement to financing by any interested party including the independent system operator.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-28 · Text as adopted (Official Journal); later amendments are not incorporated in this text.