Germany’s RWE To Use Part Of Qatar’s Cash Infusion To Acquire Con Edison Clean Energy Businesses In US
Monday, 03 Oct 2022
Germany headquartered global energy company RWE AG has secured Qatar Investment Authority (QIA) as an investor with a little less than 10% stake in the company, part of which will be deployed to acquire Con Edison Clean Energy Businesses (CEB) in the US for $6.8 billion.
Friday, 12 Aug 2022
RWE registered strong performance in the first half of 2022. The German energy group’s adjusted EBITDA (earnings before interest, taxes, depreciation, and amortisation) at Group level was at €2,858 million.
Wednesday, 20 Jul 2022
German energy group RWE is partnering with the Netherlands based offshore PV company SolarDuck to jointly explore offshore floating solar PV technology globally, starting with a 500 kW pilot project in the North Sea.
Friday, 24 Jun 2022
Germany’s RWE has commissioned its largest solar power project in the US with 195.5 MW AC capacity with a 40 MW 2-hour battery storage system, contracted to sell power to local utility Georgia Power, and has also started construction on a 44 MW AC bifacial solar plant in Portugal.
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