Post by RBC Capital Markets

RWE announced the acquisition of a 35% indirect share in Amprion for a consideration of €3.6bn from five shareholders, bringing RWE’s pro-rata share in Amprion to 55%. We acted as financial advisor to Ärzteversorgung Westfalen-Lippe and two German institutional investors on the sale of their combined indirect c.22% holdings in Amprion. Amprion is Germany's second-largest electricity transmission system operator, which owns and operates 11,000km of ultra-high voltage transmission lines spanning from the North Sea to the south of Germany. It has a regulated asset base of €16.5bn and anticipates capital expenditure on grid enhancement of over €42bn by 2030. Congratulations to everyone involved. For more details: http://spr.ly/6042BDjbLj