BERLIN, Jan 23 (Reuters) - Germany's power grid operators will need the country's regulator to grant higher returns on their capital from 2029 to be able to spend on grid expansion and attract investors, the chief executive of network company Amprion said.
Speaking to Reuters on the sidelines of the Handelsblatt Energy Summit, CEO Christoph Mueller said Amprion, 25% owned by utility RWE, wished for the regulatory agency to consider its plea in decisions expected later this year.
"The German equity interest rate for transmission grids cannot keep up with international competition," he said.
"If nothing changes, it will present us as a transmission system operator (TSO) with major challenges in financing the projects of the coming years," he added.
Reporting by Vera Eckert and Tom Kaeckenhoff, editing by Miranda Murray
Source: Reuters