RWE acquires majority stake in Amprion for $4.1 bn
Type: Acquisition · Technology: Transmission · Country: Germany · Value: $4.1B · Announced: 2026-06-23
RWE announced the acquisition of a 55% stake in Amprion, valuing the transaction at $4.1 bn. The deal is financed through a large capital increase by RWE, enabling the utility to secure majority control of the German transmission operator. Amprion will continue to operate the high‑voltage grid across western Germany, serving roughly 20 million customers. The acquisition turns regulated transmission assets into RWE's third growth pillar alongside its renewables and retail businesses. RWE expects the expanded grid portfolio to strengthen its position in the European energy transition while maintaining its renewable expansion on track.