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Berlin eyes TenneT Germany majority stake, Boersen-Zeitung says

ReutersDec 12, 2025 9:24 AM

- The German government is in early deliberations to acquire a majority stake in TenneT's IPO.TTH.AS German power grid operations after agreeing in principle to take a 25.1% stake, newspaper Boersen-Zeitung reported on Friday.

Citing sources familiar with the matter, the financial paper said that Berlin is considering building a consortium with financial investors such as Apollo, Blackstone or Brookfield.

The companies and the German economy ministry did not immediately respond to a request for comment.

The German government has also agreed in principle to buy a 25.1% stake in the grid company from its Dutch parent, Boersen-Zeitung quoted the sources as saying.

Reuters last month cited an economy ministry document as saying such a deal was nearing completion.

Berlin has been considering buying a 25.1% stake as part of a push to keep greater control over critical energy infrastructure and to arrange funding for massive investments needed for the transition to renewable energy.

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