Bloomberg News

Lower Saxony Calls for Government Grid Stake, Handelsblatt Says

May 02, 2012

The German state of Lower Saxony’s Prime Minister David McAllister said Germany’s government should evaluate whether to part-nationalize the power grid to speed up its expansion, Handelsblatt reported today, citing McAllister.

German Chancellor Angela Merkel and the Federal Network Agency meet representatives from the energy industry today to discuss the planned expansion of the grid, the newspaper said.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


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