Qatar Fund Boosts RWE Stake to 9.87%

Qatar Investment Authority participated in increasing the capital of the German company RWE by 432 million euros, raising its stake from 9.27% to 9.87%. The company plans to use the proceeds to acquire an indirect 35% stake in Amprion, bringing its total ownership there to 55%. RWE is the largest electricity generation company in Germany, and Amprion is the second-largest electricity transmission company. They are working on expanding the energy grid to support the energy sector's transformation in the country.

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