RWE CFO Says Company Looking to Expand Renewables Footprint in U.S. -- Reuters
17 Abril 2019 - 1:22PM
Dow Jones News
--The CFO of Germany's RWE AG (RWEOY) said the utility is
planning a large expansion of its businesses in the U.S. over the
next few years, Reuters reported Wednesday.
--Markus Krebber said the company's focus would be on wind- and
solar-generated power, the report said.
--RWE will acquire the assets of two German energy companies in
the U.S., and will work to expand the existing 3 gigawatts of
renewable energy to 8 GW, according to the report.
Full story:
https://www.reuters.com/article/us-rwe-renewables-expansion-exclusive/exclusive-rwe-cfo-maps-out-planned-expansion-in-renewables-u-s-in-focus-idUSKCN1RT1CQ
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 17, 2019 12:06 ET (16:06 GMT)
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