Germany’s economics and energy ministry said it is in talks over a planned purchase by a foreign player of a stake in German transmission system operator 50Hertz, but denied it is trying to influence a possible transaction.
The comment comes after Australian investment fund IFM Investors two weeks ago confirmed to Recharge that it had reached an agreement to sell a 20% stake in German transmission system operator 50Hertz to State Grid of China Corporation (SGCC).
