RWE Purchases Stake in Czech Grid Operator IGH from Innogy

Source Press Release
Company RWE AGE.ONInnogy SE 
Tags Corporate Deals, Renewable Energy, Power, Asset Deals, Deals, Refining & Marketing Activities
Date February 22, 2019

RWE has acquired innogy SE's majority stake in Czech distribution grid operator innogy Grid Holding (IGH). Both parties have agreed not to disclose the purchaseprice.

With this acquisition RWE takes a further step in implementing the agreed transaction with E.ON. It is also planned that E.ON will acquire the stake in IGH in connection with the planned takeover of  innogy SE.

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