Anbaric does not intend to buy German TenneT ops

FRANKFURT, Oct 1 (Reuters) - U.S. energy transmissiondeveloper Anbaric Transmission said it does not intend to bidfor the German operations of Dutch power grid operator TenneT

now or in the future.

"Instead, Anbaric is in a dialogue with TenneT and othergrid operators, state authorities and potential investors on howthese investments in the offshore (energy sector) can be made inorder to facilitate quick and cheap offshore grid connections",Anbaric said in a statement on Monday.

Anbaric reacted to a media report which said the group ismulling taking a stake in German power grid operator TenneT andwants to invest around $4 billion.

(Reporting by Edward Taylor)

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Keywords: ANBARIC TENNET/