State Secures Power Grid & Nintendo Store Coming
Today's topics include state investments in energy supply and new shopping opportunities for fans. While KfW is acquiring a stake in the power grid operator TenneT, Nintendo is planning a temporary store in Germany. Additionally, domestic agriculture is being expanded with a large tea plantation.
The German state is acquiring a 25.1 percent stake in the power grid operator TenneT Germany via the state development bank KfW. At the same time, international partners are investing up to 9.5 billion euros in the company. This step is intended to ensure that the expansion of power lines in Germany is financed and stabilized.
There is a new development in agriculture for tea drinkers: what will become Europe's largest green tea plantation is being established in Germany. The goal is to meet the growing demand for matcha – a special green tea ground into powder – with regional products.
A special shop will also be opening soon for consumers: Nintendo has announced a "pop-up store" for Germany. This is a shop that remains in one location for only a short period of time. Products related to well-known games such as Super Mario or The Legend of Zelda will be sold there.
More details on business and leisure can be found in the news section of the app, including reports on the current sentiment in the industry and new executives in vehicle leasing.