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Dutch weigh TenneT Germany sale options after Berlin bails on grid purchase


  • Berlin drops TenneT Germany deal over budget strains
  • TenneT seeks another buyer or IPO for German arm
  • Germany could still buy minority stake – source
AMSTERDAM/BERLIN, June 20 (Reuters) – The Dutch government said on Thursday it would try to find another buyer or seek an IPO for the German arm of its state-owned electric grid company, after a sale to the German government foundered on Berlin’s budget strains.

The collapse of talks is a headache for grid company TenneT, which is pursuing a 160 billion euro ($171 billion) investment plan, Europe’s largest, and will hamper both countries’ efforts…



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