Transmission system operator TenneT has agreed to sell a 25.1% stake in its German subsidiary to the German Government, facilitated by Kreditanstalt für Wiederaufbau (KfW), for approximately €3.3bn ($3.9bn). The transaction, which follows an earlier €9.5bn commitment from institutional investors including APG, GIC and Norges Bank Investment Management, is expected to enhance TenneT Germany's financial standing and support essential infrastructure management within the country. The sale will adhere to th ...