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The main owners of Open Grid Europe are exploring a sale of a significant stake in the German gas operator. British Columbia Investment Management Corp., Abu Dhabi Investment Authority, and Meag Munich Ergo Asset Management are involved in the potential divestment.

Open Grid Europe operates Germany's largest gas grid and plans to repurpose its infrastructure for hydrogen. A previous stake sale to Italy's Snam SpA was terminated in November due to regulatory concerns. Deliberations on the current stake sale are ongoing.