Open Grid Europe’s Owners Consider Stake Sales

An Open Grid Europe site in Germany.Photographer: Alex Kraus/Bloomberg

The main owners of Open Grid Europe are weighing a sale of a significant stake in the German gas operator, people familiar with the matter said, following a failed partial sale last year.

British Columbia Investment Management Corp., the Abu Dhabi Investment Authority and Meag Munich Ergo Asset Management are working on divesting a stake, the people said, asking not to be identified as the information is private.