FRANKFURT/DUESSELDORF, Sept 12 Investors are
lining up to get their hands on shares of Innogy, the renewable,
network and retail unit German utility RWE plans to
list via an initial public offering next month, its chief
"There is considerable interest among investors," Peter
Terium, currently holding the CEO position at both RWE AG and
Innogy, told Reuters on Monday.
He added there was room for anchor investors in the planned
listing, which will involve parent RWE selling existing shares
on the market, alongside a capital increase that is expected to
fetch 2 billion euros ($2.24 billion).
($1 = 0.8911 euros)
(Reporting by Christoph Steitz and Matthias Inverardi; Editing
by Harro ten Wolde)