Germany, Netherlands to decide this summer on possible TenneT deal

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ROTTERDAM, March 27 (Reuters) – The German and Dutch
governments hope to determine this summer whether it would be
advantageous for both countries for Berlin to purchase the
German division of the Dutch electricity grid operator TenneT
<IPO-TTH.AS>, according to a joint declaration.

The declaration was issued after regular consultations
between the two governments on Monday.

“By buying TenneT we want to make sure that we don’t lose
synergy effects between both countries,” Scholz told a joint
news conference with his Dutch counterpart Mark Rutte.
(Reporting by Andreas Rinke and Maria Martinez; Writing by
Sarah Marsh; Editing by Chris Reese)

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