RWE Is Said Near Deal to Boost Stake in €10 Billion Grid Amprion (opens original article in a new tab)

RWE AG is nearing a deal to boost its stake in Amprion, a €10 billion electricity transmission grid company, by acquiring stakes from Swiss Life and a German pension fund.

• RWE AG is nearing a deal to increase its stake in Amprion by purchasing stakes from Swiss Life and a German pension fund.
• The transaction could value Amprion's transmission grid at about €10 billion.
• Amprion transports electricity to 29 million people and industrial consumers in western Germany.