English translation: public-private partnership with public majority shareholding
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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:
mehrheitlich kommunales Gemeinschaftsunternehmen
public-private partnership with public majority shareholding
a joint venture, municipal by majority /a mainly municipal joint venture
Explanation: Municipal should only be used if the participants are indeed local governments. If they are private sector providers, as for example privately owned power and gas providers local/communal would be more approriate.
Or the xxx is a mainly local/municipal joint venture of...