Headlines
Berlin eyes TenneT Germany majority stake, Boersen-Zeitung says
Published by Global Banking and Finance Review
Posted on December 12, 2025
Last updated: January 7, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 12, 2025
Last updated: January 7, 2026
BERLIN, Dec 12 (Reuters) - The German government is in early deliberations to acquire a majority stake in TenneT's 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.
(Reporting by Holder Hansen and Tom Sims, writing by Ludwig Burger, editing by Thomas Seythal)
A majority stake refers to owning more than 50% of a company's shares, which gives the stakeholder significant control over the company's decisions and operations.
A consortium is a group of individuals or organizations that come together to collaborate on a common project or goal, often pooling resources and expertise.
Critical energy infrastructure includes the facilities and systems necessary for the production, transmission, and distribution of energy, essential for the functioning of society.
Renewable energy is energy derived from natural sources that are replenished constantly, such as solar, wind, and hydroelectric power, contributing to sustainability and reducing carbon emissions.
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