“With
committed
investments
of
€6bn
($7.5bn),
TenneT
makes
an
unparalleled
contribution
to
the
German
energy
transition,”
says
chief
executive
Mel
Kroon.
However,
he
acknowledges
that
to
allow
further
investments
offshore
in
Germany,
the
company
requires
additional
equity.
“Solid
legal
arrangements
will
facilitate
attracting
investors.
Political
progress
has
been
made
with
respect
to
issues
relating
to
liability,
long-term
planning
and
financing,”
Kroon
says.
Discussions
regarding
co-investment
in
future
offshore
projects
in
Germany
are
progressing
with
“various
international
investors",
TenneT
adds.
In
February,
TenneT
agreed
to
sell
stakes
in
the
BorWin1
and
BorWin2
HVDC
connection…
