RWE lifts Amprion stake to about 58% with added M31 buy
What's the deal? RWEDealroom has a profile for this one. Try Dealroom →, Germany's biggest power producer, said on September 16 that it had bought an additional 3% stake in M31, the holding company that controls around three-quarters of shares in grid operator Amprion. The purchase lifts RWE's indirect stake in Amprion to about 58%. Terms were not disclosed.
What each company does: RWE generates electricity and is Germany's largest power producer. Amprion, held largely through M31, is one of the country's transmission grid operators.
The signal: By raising its exposure to Amprion, RWE deepens its position in Germany's power transmission infrastructure — a strategically central asset as the country reshapes its energy system.
Read more: thedailyguardian.com
Image credit: Clint Mason
