Energy: RWE increases stake in grid operator Amprion to 58 percent
The network business is becoming increasingly important for RWE. The energy group is now expanding its stake in Amprion. Nevertheless, the network operator is supposed to remain independent.
RWE has increased its stake in Amprion, Germany's second-largest high-voltage network operator, from 55% to around 58%. The energy company acquired an additional 3% stake in M 31, a holding company that owns nearly three-quarters of Amprion. As a result, RWE now holds a majority stake in M31. Despite this, RWE will continue to account for Amprion only proportionally, as the company remains an independent transmission network operator under statutory unbundling regulations.
This move follows RWE's previous acquisition of M31 shares in July, which raised its Amprion stake from 20% to 55%.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
