News
20 June 2018

KfW could take on 50Hertz stake from Elia to prevent China takeover

In:
Power
Region:
Europe

Belgium's Elia could buy the 20% stake it does not own in power network operator 50Hertz and hand it over to German state-owned development bank KfW to prevent China's State Grid from obtaining it.   Elia this year raised its stake in 50Hertz to 80% after exercising its...

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