Amprion GmbH / DE000A3JN9U5

Dortmund, Monday, 08 September 2025



RWE and the Asset Manager Apollo Global Management are forming a joint venture for the 25.1 per cent stake of RWE in Amprion GmbH to finance further investments in the transmission grid and support the company's growth. Amprion welcomes the transaction as a sign of confidence in the company’s strategy.

Subject to regulatory approvals, the agreement is expected to be closed in the fourth quarter of 2025. Under the terms of the agreement, Apollo will provide €3.2 billion to RWE in return for a stake in a newly formed joint venture (JV) that will hold RWE's 25.1 per cent share in Amprion. RWE retains the operational control of the JV and continues to manage the investment in Amprion. The M31 Beteiligungsgesellschaft continues to hold the remaining 74.9 per cent stake in Amprion.

Commitment to the energy transition and grid expansion

By entering a partnership with Apollo, RWE demonstrates its commitment to a secure, reliable, and efficient grid infrastructure. Amprion views the transaction as a sign of confidence in the company's performance and welcomes Apollo as a new investor. Apollo Global Management is a global asset manager with extensive experience in infrastructure investments and suits very well with the transmission system operator's long-term business model.

The partnership with RWE provides the necessary equity for the 25.1 per cent share in Amprion and will support the extensive investment program of Germany’s leading transmission system operator. This is based on confidence of continued attractive and appropriate returns in the future. Amprion plans to invest around €36.4 billion in expanding its grid by 2029.

Please contact us if you have any questions:

Contact for the press:
Joana Niggemann
Press Officer
T +49 231 5849-12925
Joana.Niggemann@amprion.net

Contact for investors and analysts:
Patrick Wang
Head of Investor Relations
T +49 231 5849-12297
IR@amprion.net


Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000 kilometre-long extra-high voltage grid transports electricity in an area from the North Sea to the Alps. One third of Germany's economic output is generated there. Our lines are the lifelines of society: they secure jobs and quality of life for 29 million people. We keep the grid stable and secure - and are paving the way for a climate-neutral energy system by expanding our grid. More than 3,100 employees in Dortmund and at more than 30 other locations help to keep the lights on. We also take on overarching tasks for the interconnected networks in Germany and Europe.