Germany's 50Hertz: not aware of any KfW request to change stake

German network operator 50Hertz Chief Executive Officer Stefan Kapferer on Friday said he was not aware of any requests from state bank KfW to change its 20% stake in the company. "At the moment KfW is busier with other electricity transmission system operators. Things are working perfectly for us the way they are.

German network operator 50Hertz Chief Executive Officer Stefan Kapferer on Friday said he was not aware of any requests from state bank KfW to change its 20% stake in the company. "At the moment KfW is busier with other electricity transmission system operators. Things are working perfectly for us the way they are. I am not aware of any requests for change," he said at a news conference in Berlin.

The other 80% of the company is owned by the Belgian group Elia.

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