RWE Is Said Near Deal to Boost Stake in €10 Billion Grid Amprion

German energy company RWE AG is nearing a deal to boost its stake in Amprion by buying stakes from Swiss Life and a German pension fund as part of a...

By Eyk Henning, Dinesh Nair, Petra Sorge · Bloomberg

German energy company RWE AG is nearing a deal to boost its stake in Amprion by buying stakes from Swiss Life and a German pension fund as part of a deal that could value the transmission grid at about €10 billion ($11.5 billion), according to people familiar with the matter.