Germany: Anbaric Could Buy Share in TenneT

Anbaric, a U.S. transmission company involved in smart grids, subsea cabling, as well as renewables, is said to be considering buying a share in TenneT.

Wirtschaftswoche magazine informed on Saturday about Anbaric’s plans to invest USD 4 billion in the German transmission operator.

TenneT and Germany’s economy and environment ministries declined comment on this specific matter.

[mappress]

Offshore WIND staff, October 1, 2012; Image: TenneT