Global Infrastructure SherpaTenneT and KfW IPEX-Bank secure €1.9 billion financing for grid expansion
TenneT secures €1.9 billion financing from KfW IPEX-Bank to support the expansion of the German electricity grid.
Source Intelligence
The Federal Government will acquire its 25.1% stake in TenneT Germany at the same purchase price valuation as the co-investors. Quote: "The Federal Government will acquire its 25.1% stake in TenneT Germany at the same purchase price valuation as the co-investors." The private investors have also committed capital contributions of up to EUR 9.50 billion. Quote: "The private investors have also committed capital contributions of up to EUR 9.50 billion."
"KfW signed the contract on behalf of the Federal Government to acquire a 25.1% stake in TenneT Germany from the Dutch TenneT Holding."
"KfW signed the contract on behalf of the Federal Government to acquire a 25.1% stake in TenneT Germany from the Dutch TenneT Holding."
"KfW signed the contract on behalf of the Federal Government to acquire a 25.1% stake in TenneT Germany from the Dutch TenneT Holding."
"KfW signed the contract on behalf of the Federal Government to acquire a 25.1% stake in TenneT Germany from the Dutch TenneT Holding."
"In September 2025, the Dutch government announced that the Norwegian sovereign wealth fund Norges, the Dutch pension fund APG, and the Singaporean sovereign wealth fund GIC want to acquire up to 46% of the shares in TenneT Germany by 2029."
"In September 2025, the Dutch government announced that the Norwegian sovereign wealth fund Norges, the Dutch pension fund APG, and the Singaporean sovereign wealth fund GIC want to acquire up to 46% of the shares in TenneT Germany by 2029."
"In September 2025, the Dutch government announced that the Norwegian sovereign wealth fund Norges, the Dutch pension fund APG, and the Singaporean sovereign wealth fund GIC want to acquire up to 46% of the shares in TenneT Germany by 2029."