RWE bets $4.1 billion to control German transmission lines as grid demands surge

RWE will pay $4.1 billion to deepen its stake in Amprion, Germany's electricity transmission operator. The bet locks in regulated, stable returns as the grid upgrades for offshore wind farms and massive data-center demand. Owning both generation and transmission gives RWE an edge: it can control how power flows, sidestepping the volatile economics pure-play generators face.