German grid needs $324.5 B by 2050
A forecast study on behalf of German bank KfW determined that investments of roughly €300 billion ($324.5 billion) will be needed for the country’s grid infrastructure by 2050.
#KfW
TenneT gives up on sale of Tennet Germany
TenneT and KfW have terminated the discussions on a full sale of TenneT Germany.
KfW’s loan for Ukrenergo substation reconstruction
The money will be used to finance the reconstruction of one of the substations by introducing an automated process control system.
TenneT to receive €25 B loan for grid expansion
Pending further developments, TenneT and the Dutch state have made arrangements regarding a shareholder loan facility of €25 billion.
German bank to buy 20% stake in 50Hertz
Germany: German state-owned bank KfW has agreed to acquire 20% stake in Eurogrid International, the holding company of German transmission system operator (TSO) 50Hertz, on behalf of the German Federal Government.