GIC acquires interest in grid operator TenneT Germany
Singapore sovereign wealth fund bets on Europe’s decarbonization push
Michael Marray
1 Oct 2025
Singapore sovereign wealth fund GIC, Norges Bank Investment Management ( NBIM ), and Algemene Pensioen Groep ( APG, investing on behalf of Dutch pension fund ABP ) are acquiring stakes totalling 46% in German high-voltage electricity network TenneT Germany.
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