German utility RWE will raise €4.1 billion to acquire a majority stake in transmission operator Amprion.
RWE announced plans to raise €4.1 billion ($4.7 billion) through a share sale to increase its stake in Amprion to 55%. The move targets one of Germany’s largest power transmission system operators, reinforcing RWE’s expansion in grid infrastructure.
The capital raise follows RWE’s strategic shift toward renewables and grid assets. Amprion operates high-voltage networks critical to Germany’s energy transition, with prior valuations underscoring its role in national transmission.
No immediate market reaction was disclosed in the announcement.