Germany’s RWE Said to Kick Off €2 Billion Sale of Amprion Stake

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Germany’s largest power producer RWE AG is starting a sale process for its minority stake in grid operator Amprion GmbH, according to people familiar with the matter.

RWE is reaching out to potential buyers to gauge interest for its 25.1% share, said the people, who asked not to be identified as the information is private. The stake is expected to be worth about €2 billion ($2.1 billion) and may attract infrastructure and pension funds, the people said.