Qatar Holding Adds to RWE Stake
The Qatar Investment Authority announced its investment of 432 million euros in increasing its stake in the German company RWE, bringing its ownership to 9.87%. The company will use the proceeds to acquire an indirect 35% stake in Ametrion, a company that manages an electrical grid spanning over 11,000 kilometers and serving approximately 29 million people. The goal is to support the development of the electricity network and enhance the integration of renewable energy sources in Germany.
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