As Germany's new government settles in, the country is undergoing significant changes in its energy and infrastructure sectors, with a focus on bold policy initiatives and substantial public investment. The introduction of a €500 bn infrastructure special budget (ISB) aims to reshape the economic and energy landscape by injecting funds into climate-neutral energy infrastructure, transport, and digitalisation. This initiative, operating outside the 'debt brake', is expected to have a positive impact on investments in German infrastructure. The government's priority is to accelerate the energy transition by expanding renewables and modernizing the grid while considering the integration of gas power plants for reliable energy production. Public-private partnerships are key, with the ISB combining state-backed guarantees with private capital for hydrogen and grid projects to address funding needs for energy generation and transmission. The new government plans to increase gas-fired power plant capacity significantly by 2030 to ensure security of supply during the energy transition and aims to prioritize plants that can convert to operate on green hydrogen in the future. Additionally, the renewable energy sector is experiencing robust M&A activity, indicating a growing interest and investment in the renewables market.