TenneT belongs to theDutch state and is responsible for the high-voltage power transmission grid inlarge parts of Germany, as well as North Sea offshore connections.

The company says it hascommitted almost €6bn ($8.19bn) to German offshore grid infrastructure, butcan’t sustain the big investments needed alone.

In mid-January, Japanesegroup Mitsubishi Corporation (MC) sealed two deals with TenneT to buy intoGerman offshore wind grid-connections, with a total investment of €576m.

But