Snam's Acquisition of Open Grid Europe
Planned · Germany · Last reported Apr 2025
Source: Energynews
Snam has signed a share purchase agreement to acquire a 24.99% stake in Open Grid Europe for €920 million, enhancing its gas infrastructure presence in Germany. This acquisition is part of Snam's strategy to develop a pan-European energy infrastructure network and is subject to regulatory approvals expected by the third quarter of 2025.
- Status
- Prospective
- Sector
- Natural Gas
- Location
- Germany
- Updated
- 22 Jul 2026
- Source
- Energynews
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Snam has signed a share purchase agreement to acquire a 24.99% stake in Open Grid Europe for €920 million, enhancing its gas infrastructure presence in Germany. This acquisition is part of Snam's strategy to develop a pan-European energy infrastructure network and is subject to regulatory approvals expected by the third quarter of 2025. |
Original sector | Natural Gas |
Budget |
Location
Country | Germany |
Source
Source | Energynews |
URL |
More Details
Record type | Project |
Sector | Natural Gas |
Article published date | 2025-04-12 |
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