Search results for: rwe

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  • 5 June 2017
    Vessels

    RWE Supply & Trading, a unit of German utility RWE, received its first LNG cargo under the supply agreement with Qatargas.

  • 14 March 2019
    Business & Finance

    German energy company RWE plans to add between 2GW and 3GW of capacity annually to its renewable energy portfolio in three core markets: Europe, North America, and the Asia-Pacific. The portfolio will be managed by RWE Renewables and the technologies in focus will be onshore and offshore wind, as well as photovoltaics and storage. The capacity […]

  • 1 April 2016
    Business & Finance

    The new RWE AG’s subsidiary for renewables, grids and retail is scheduled to start operating today under a temporary name of RWE International SE, and is expected to generate annual revenues of around EUR 40 billion, the German power company said in a statement. The initial public offering of the new company’s shares is expected to take place by […]

  • 14 March 2019
    Business & Finance

    German energy company RWE plans to add between 2GW and 3GW of capacity annually to its renewable energy portfolio in three core markets: Europe, North America, and the Asia-Pacific. The portfolio will be managed by RWE Renewables and the technologies in focus will be onshore and offshore wind, as well as photovoltaics and storage. The capacity […]

  • 1 April 2016
    Business & Finance

    The new RWE AG’s subsidiary for renewables, grids and retail is scheduled to start operating today under a temporary name of RWE International SE, and is expected to generate annual revenues of around EUR 40 billion, the German power company said in a statement. The initial public offering of the new company’s shares is expected to take place by […]

  • 19 July 2018
    Business & Finance, Human Capital

    Innogy has concluded two legally binding agreements – one with E.ON, another with RWE – on the planned integration of innogy into E.ON and the planned integration of innogy’s renewables business into RWE. As reported earlier, E.ON and RWE reached an agreement under which E.ON would acquire RWE’s 76.8% stake in innogy in return for granting […]

  • 9 March 2010

    Wärtsilä, in consortium with IMS Ingenieurgesellschaft mbH, has been engaged by RWE Innogy, the renewable energy arm of the German utility company RWE, as its designer to provide the basic design and consultancy services for a jack-up crane vessel.

  • 19 July 2018
    Business & Finance, Human Capital

    Innogy has concluded two legally binding agreements – one with E.ON, another with RWE – on the planned integration of innogy into E.ON and the planned integration of innogy’s renewables business into RWE. As reported earlier, E.ON and RWE reached an agreement under which E.ON would acquire RWE’s 76.8% stake in innogy in return for granting […]

  • 14 August 2015
    Business & Finance

    RWE Innogy has posted “marked improvement in earnings” for the first half of 2015 in spite of falling earning for RWE group in this period. The renewable energy business had an operating result of EUR 233 million comparing to EUR 81 million the same period last year. The main contributing factor was the commissioning of […]

  • 11 December 2015
    Business & Finance

    At its meeting today, the Supervisory Board of RWE AG unanimously approved the Executive Board’s plans to restructure the Group. The company will transfer its renewables, grid and retail operations in Germany and abroad to a new subsidiary, which it intends to list on the stock market towards the end of next year. RWE AG […]

  • 26 February 2019
    Authorities & Government, Business & Finance

    The European Commission has approved under the EU Merger Regulation the acquisition by RWE of E.ON’s renewable and nuclear electricity generation assets. Under the agreement reached in March 2018, E.ON is to take over RWE’s 76.79% stake in innogy, whereas RWE is to obtain among other things all of E.ON’s major renewable energy activities and innogy’s renewable energy […]

  • 1 March 2012
    Business & Finance

    RWE Dea UK celebrates its 10 year anniversary: Looking back on a decade of successful exploration and production of natural gas in the United Kingdom. The company also expects significant growth in the next years. RWE Dea UK Holdings Ltd has been the operating subsidiary of RWE Dea AG since 2002 and now looks back […]

  • 13 January 2016
    Business & Finance

    RWE Innogy, one of the world’s five largest operators of offshore wind farms, said that by combining renewables, grid and retail operations in one subsidiary with its own access to the capital market, it is laying the foundation for further growth in these fields. As part of a capital increase, RWE intends to float around 10% of the shares in the […]

  • 17 October 2012
    Business & Finance

    RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent […]

  • 14 August 2012

    RWE improved its earnings performance in the first half of 2012 compared to the same period in the previous year. While revenue remained almost constant at 27.1 billion Euro, the operating result increased by 9 percent to 3.6 billion Euro and EBITDA also rose by 9 percent to 5 billion Euro. However, the first half […]

  • 24 October 2012
    Research & Development

    Research and Markets has announced the addition of the ‘RWE AG Goes Green? The Energiewende and the End of RWE’s Nuclear Ambitions’ report to their offering. RWE is one of Europe’s leading energy utility companies, supplying 17 million customers with electricity and 8 million with gas. The German government’s energy policy reversal forced RWE to withdraw […]

  • 12 February 2012
    Business & Finance

    The Supervisory Board of RWE Dea AG, a Hamburg based international company operating in the field of exploration and production of natural gas and crude oil, on Friday, February 10, appointed Dirk Warzecha as member of the Executive Board of the company, to take effect on 1 November 2012. As of 1 January 2013, he […]

  • 2 January 2013
    Business & Finance

    RWE Dea AG, an international exploration and production company for oil and gas, has announced the appointment of Dirk Warzecha as its Chief Operating Officer. Effective as of 1 January 2013, Dirk Warzecha assumed the function of Chief Operating Officer (COO) at RWE Dea AG. In this position, he is the successor to Ralf to […]

  • 23 September 2016
    Business & Finance

    RWE AG will put 55.6 million innogy SE shares with a price range from EUR 32 to EUR 36 per share to the market through the initial public offering (IPO) of its newly set up renewables business, thus valuing innogy SE to up to EUR 20 billion.  Back in late 2015, RWE said that, in connection with a […]

  • 31 January 2014
    Business & Finance

    RWE announced that, as of today, its UK renewable energy division is named to RWE Innogy UK, in order to underline the fact that it is part of a single pan-European renewable energy company. This change of name clarifies the company’s position as the UK subsidiary of RWE Innogy, which pools the renewable energy expertise […]

  • 5 August 2013
    Business & Finance

    With economic effect from 30 June 2013, RWE is selling its 50 per cent share in the US liquefied natural gas company Excelerate Energy. Buyer is the current co-owner, George B. Kaiser. The transaction remains subject to approval by the RWE AG Supervisory Board. “Excelerate Energy has developed to become a very successful global provider […]

  • 26 February 2019
    Authorities & Government, Business & Finance

    The European Commission has approved under the EU Merger Regulation the acquisition by RWE of E.ON’s renewable and nuclear electricity generation assets. Under the agreement reached in March 2018, E.ON is to take over RWE’s 76.79% stake in innogy, whereas RWE is to obtain among other things all of E.ON’s major renewable energy activities and innogy’s renewable energy […]