Elia welcomes German Bank KfW as shareholder in transmission system operator 50Hertz
Elia System Operator SA/NV (‘Elia’) announces the closing of the transactions
with IFM Global Infrastructure Fund (‘IFM’) and the German state-owned bank Kreditanstalt für
Wiederaufbau (‘KfW’) regarding a 20% stake in Eurogrid International (‘Eurogrid’).
With the close of
these transactions, KfW, on behalf of the German Federal Government, replaces IFM as shareholder
in Eurogrid, the holding company of the German transmission system operator 50Hertz Transmission