Energy: EU approves German government’s stake in TenneT

Through the KfW investment bank, the German government is acquiring a 25.1% stake in TenneT, Germany’s largest transmission system operator. The sale of the BP refinery in Gelsenkirchen has also been approved.

27. May 2026
Strommasten und Hochspannungsleitungen in der norddeutschen Landschaft Zetel (Friesland), Deutschland, 18.01.2026: Hochspannungsmast einer Stromtrasse in landwirtschaftlich genutzter Landschaft; im Hintergrund verlaufen weitere Freileitungen durch die offene Niederungslandschaft. *** Power pylons and high-voltage lines in the northern German landscape Zetel Friesland , Germany, 18 01 2026 High-voltage pylon of a power line in an agricultural landscape in the background, other overhead lines run through the open lowland landscape
Maintaining and expanding Germany’s high-voltage grid requires significant investment. (IMAGO / Henricus Lüschen)

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Last updated: 27. May 2026