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German Grid Regulator Opens Proceedings Against TenneT, FAZ Says

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Aug. 15 (Bloomberg) -- Germany’s federal grid regulator Bundesnetzagentur opened malpractice proceedings against grid operator TenneT TSO GmbH, Frankfurter Allgemeine Zeitung said, citing Jochen Homann, the agency’s head.

The proceedings, initiated by wind farm developer Windreich AG, may result in “high indemnity claims” against TenneT, Homann said, according to the newspaper.

TenneT spokeswoman Ulrike Hoerchens wasn’t immediately available for comment.

To contact the reporters on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net; Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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