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RWE To Divest 49% Stake In UK Humber Gateway Offshore Wind Farm To Greencoat
Prysmian Signs EUR 200 Mln "Preferred Bidder" Deal For Offshore Wind Farm Sofia
RWE Generation Wins Contract For Gas-Fired Power Station In Biblis
RWE AG (RWE) is a Germany-based holding company. The Company is engaged in the generation, transmission, distribution, and trading of electricity and gas. Its activities are divided into three segments: Lignite & Nuclear, European Power and Supply & Trading. The Lignite & Nuclear segment focuses on electricity generation in Germany using lignite and nuclear power. The European Power segment includes the electricity generation business in Germany, the United Kingdom, the Netherlands, and Belgium using gas and hard coal power plants. The Supply & Trading segment comprises trading in electricity, natural gas, coal, oil, carbon dioxide certificates and biomass.
RWE Platz 1
Independent Chairman of the Supervisory Board
Rolf Martin Schmitz
Chairman of the Executive Board, Chief Executive Officer, Labour Director
Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Executive Board
Independent Member of the Supervisory Board
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RWE has agreed to sell a 49% stake in British offshore wind farm Humber Gateway to UK renewables investor Greencoat for 648 million pounds ($862.81 million), the German utility said on Monday.
RWE has agreed to sell a 49% stake in British offshore wind farm Humber Gateway to UK renewables investor Greencoat for a cash consideration of 648 million pounds ($862.81 million), the German utility said on Monday.
* Profit at coal/nuclear unit grew 86% (Adds details on results, renewable targets)
RWE, Europe's third-largest renewables group, on Thursday posted a 13% increase in nine-month core profit, driven by both its wind and solar farms as well as higher margins for its coal and nuclear plants.
RWE <RWEG.DE> has received 45 bids for one of its giant bucket-wheel excavators used in mining that it put up for sale in an online auction earlier this year, Germany's largest power producer said on Wednesday.
* Japanese trading house Sumitomo Corp said on Tuesday it had tied up with RWE AG for the German utility's 353-megawatt Five Estuaries offshore wind farm project in the UK, with an aim to start commercial operations in 2030.
Germany utility RWE <RWEG.DE> said on Monday it has secured lease agreements to develop four offshore wind farm extension projects in Britain.
RWE, Germany's largest power producer, on Friday named Michael Mueller, currently finance chief of the utility's trading arm, as new CFO from July 1, 2021.
German utility RWE <RWEG.DE> wants compensation from the government for phasing out coal power generation to be paid out as quickly as possible, it said on Friday.
German utility RWE wants compensation from the government for phasing out coal power generation to be paid out as quickly as possible, it said on Friday.
Germany's largest power producer RWE <RWEG.DE> plans to spend part of its 7 billion euro ($8.4 billion) war chest on growing its 24.7 gigawatt pipeline of renewables projects, its CFO said, just weeks after BP <BP.L> announced a major low-carbon push.
German utility RWE <RWEG.DE> on Tuesday completed a 2 billion euro (£2.16 billion) share issue to back its expansion into renewable energy, including its $480 million purchase of wind turbine maker Nordex's <NDXG.DE> project development pipeline.
German utility group RWE on Tuesday launched a share issue to finance its purchase of wind turbine maker Nordex's project development pipeline for 402.5 million euros ($480 million).
RWE has launched an online auction for one of its 22 bucket-wheel excavators, as Germany's largest power producer prepares for a coal-free future, it said.
RWE <RWEG.DE>, Germany's biggest electricity producer, on Thursday said it will reach the upper end of its 2020 profit estimate thanks in part to its increasing focus on renewables, in particular solar and wind power.
RWE's <RWEG.DE> finance chief on Thursday evaded questions on whether the group was a takeover target in the global race for renewable capacity, only saying the value of project pipelines had risen.
RWE's finance chief on Thursday evaded questions on whether the group was a takeover target in the global race for renewable capacity, only saying the value of project pipelines had risen.
RWE <RWEG.DE>, one of Europe's biggest power generators, has locked in forward sales and prices for output from it conventional generation plants for coming years after improving earnings prospects for 2020 due to higher wholesale prices.
RWE, Germany's biggest electricity producer, on Thursday said it will reach the upper end of its 2020 outlook for both core and operating profit after what it says was a strong first half.
RWE <RWEG.DE> aims to sell a minority stake in British offshore wind farm Humber Gateway, as the German utility seeks to release cash for expansion in renewable energy, two people familiar with the matter said.
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