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E.ON subsidiary looking for investor for fibre optic expansion - Handelsblatt

Fri, 11th Mar 2022 12:53

BERLIN, March 11 (Reuters) - Westnetz, a subsidiary of Germany's E.ON is looking for an investor to help finance a 3-billion-euro ($3.30 billion)fibre optic expansion program, reported Handelsblatt newspaper on Friday.

Investment bank Barclays is planning to provide information to interested parties on behalf of Westnetz soon, Handelsblatt cited people familiar with the matter as saying.

E.ON was not immediately available for comment. ($1 = 0.9079 euros) (Reporting by Miranda Murray and Kirsti Knolle)

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