Snam's Acquisition of Open Grid Europe Stake
One of 10,000+ projects Taiyo tracks in Germany.
Source: Hydrogen Central
Snam has agreed to acquire a 24.99% stake in Open Grid Europe from Infinity Investments for EUR 920 million. This acquisition positions Snam as a significant player in the German energy infrastructure market, enhancing its role as Europe's largest gas infrastructure operator and aligning with its multi-molecule infrastructure strategy.
- Status
- Prospective
- Sector
- Hydrogen
- Location
- Germany
- Updated
- 22 Jul 2026
- Source
- Hydrogen Central
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Project Information
Participants
Company |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Snam has agreed to acquire a 24.99% stake in Open Grid Europe from Infinity Investments for EUR 920 million. This acquisition positions Snam as a significant player in the German energy infrastructure market, enhancing its role as Europe's largest gas infrastructure operator and aligning with its multi-molecule infrastructure strategy. |
Original sector | Energy |
Budget |
Location
Country | Germany |
Source
Source | Hydrogen Central |
URL |
More Details
Record type | Project |
Sector | Hydrogen |
Article published date | 2025-04-13 |
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