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...Last week, RWE said it planned to invest €55bn globally between 2024 and 2030....
...RWE generates more electricity than any other company in Germany, having produced a quarter of all power sold in the country in 2021, the last full year for which figures are available....
...“Gas prices in continental Europe, especially in Germany, are structurally higher now, because we, in the end, depend on LNG imports,” said Markus Krebber, chief executive of RWE....
...RWE is developing 10 offshore wind projects in Britain with a total capacity of 11.2GW, including the Sofia project it is building 195km off England’s north-east coast....
...RWE — which generates higher earnings from its flexible power generation business than renewables — blamed the lower price environment when it cautioned in March that its adjusted earnings this year would...
...RWE said it would now try to secure a CFD from the government in the next auction round in 2024....
...Mark Noyes, head of RWE’s US-based clean energy division, added: “We certainly are supportive of the checks as the materials come through US customs....
...Markus Krebber, chief executive of German energy company RWE, said it was “very clear” that the decision to reduce gas flows was “political”, “because it’s not only the [gas] coming via Nord Stream 1 that...
...State-controlled oil and gas group Equinor and utility RWE signed an agreement on Thursday to build the new power plants in Germany....
...RWE is paying an enterprise value/ebitda multiple of 11 times. That is nearly twice the multiple of RWE itself. For that, ConEd can thank President Joe Biden....
...Including debt, RWE is valuing the new assets at 11 times ebitda including debt....
...The energy giant RWE plans to raze the settlement and dig up the polluting lignite coal that lies underneath....
...However, the hydrogen equipment maker differs significantly from Britishvolt in already successfully developing products and securing orders, from customers including Linde, Shell and RWE....
...EU solidarity will come under severe strain this winter if Russian gas supplies are cut off, the head of German utility RWE has warned, saying there will be “chaos” across the continent unless the bloc acts...
...RWE has never had any operations in Peru....
...RWE’s warning risks a further deterioration in its relations with the UK government....
...rate data Results: 3i Group FY, Bayer Q1, Deutsche Telekom Q1, Foxconn Q1, Honda Motor FY, ING Q1, ITV Q1 trading update, News Corp Q3, Nissan Motor Q4, Pirelli Q1, Rolls-Royce AGM and trading update, RWE...
...Other German companies — including Uniper and RWE — have signed earlier-stage deals to import US LNG....
...RWE is due to publish its annual results on March 15....
...News round-up Unilever urged to seek outsider chief after Alan Jope tenure (FT) Qatar funds RWE’s $6.8bn green energy deal in US (FT + Lex) Prosus scraps $4.7bn deal for Indian payments group BillDesk...
...RWE said it would end all non-energy business with Russian companies with immediate effect....
How a landmark climate change lawsuit could force high-polluting companies to take responsibility for damage they’ve caused around the world
...The biggest of the six lease blocks under the hammer went for $1.1bn to Bight Wind Holdings, a venture between utilities RWE of Germany and National Grid of the UK....
...The bosses of Germany’s much-maligned nuclear power producers — Eon, RWE and EnBW — have been left wondering about the future of the country’s last three reactors after Green party economy minister Robert...
...The FTSE 100 company on Thursday announced a partnership with Germany’s RWE to bid in offshore wind auctions off America’s north-east coast, including an upcoming seabed leasing round for rights to develop...
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