Search results for: Innogy

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  • 10 August 2018
    Business & Finance

    Innogy reported an adjusted EBIT of EUR 1,553 million in the first half of 2018, 10% less than in the same period last year, said to be influenced by the negative weather effects on the Renewables division.

  • 14 May 2019
    Business & Finance

    Innogy has reported a 29% increase in adjusted EBIT in the first quarter of the fiscal year 2019, said to be due to earnings contributed by new wind farms, as well as prices and improvement in weather conditions. In the latest financial results, Innogy announced EUR 200 million in adjusted EBIT in Q1, compared to […]

  • 11 November 2016
    Business & Finance

    innogy, a renewable energy, retail and grid spin-off of the German energy company RWE, issued its first independent financial report following the Initial Public Offering (IPO) in October, reporting a dip in earnings in the first nine months of 2016. The results were negatively affected by  high expenditure on grids and absence of positive one-off effects […]

  • 15 June 2015

    Just in time for Global Wind Day, RWE Innogy is launching a new web application with live production data. The new application enables everyone to access the current production of RWE Innogy’s renewable energy plants at any time. The new mobile-compatible web app allows the company to provide transparent, minute-by-minute data for the last 24 […]

  • 30 March 2018
    Wind Farm Update

    The 353MW Galloper offshore wind farm has achieved full generation with all 56 Siemens Gamesa turbines now generating renewable electricity off Suffolk, UK.

  • 14 May 2014
    Business & Finance

    RWE Innogy released figures for the first quarter of 2014 where it reported a 9% year-on-year increase as its operating result amounted to €97 million. The higher production of wind energy generation had a big effect on these figures. According to the company, German biomass activities only made a small contribution to RWE Innogy’s earnings, […]

  • 28 September 2018
    Wind Farm Update

    Innogy SE officially inaugurated the Galloper offshore wind farm in the UK today, 28 September.

  • 25 December 2018
    Business & Finance

    Innogy has distributed GBP 1.4 million in Wales in 2018 through community funding from its renewable energy projects.

  • 13 October 2017
    Business & Finance

    On 12 October, innogy issued its first Green Bond worth EUR 850 million and will use the proceeds to refinance four offshore wind farms in the UK and Germany and one onshore wind farm in the Netherlands.

  • 11 October 2019
    Business & Finance

    Innogy has undergone a number of management changes following E.ON’s takeover of the majority share in the company from RWE. Innogy’s Supervisory Board elected Johannes Teyssen, Chief Executive Officer of E.ON SE, as its Chairman, replacing Erhard Schipporeit, who had stepped down from the board along with other shareholder representatives. The Supervisory Board also resolved on […]

  • 4 April 2012

    RWE Innogy today received the permit for the construction of the Innogy Nordsee 1 offshore wind farm. The construction field of the wind power plant is located some 40 kilometres north of the island of Juist and covers approx. 34 square kilometres. Together with the wind farms Innogy Nordsee 2 and Innogy Nordsee 3, some […]

  • 13 December 2017
    Business & Finance

    Innogy’s Executive Board has approved a capital expenditure budget of over EUR 3 billion for fiscal 2018, more than 25% above the figure expected for 2017.

  • 17 September 2019
    Business & Finance

    The European Commission has approved E.ON’s acquisition of innogy’s distribution and consumer solutions business and certain electricity generation assets. E.ON and RWE, which controls innogy, have been engaged in an asset swap since March 2018 in which E.ON is taking over RWE’s 76.8% stake in innogy, while RWE is obtaining, among other things, all E.ON’s major renewable energy […]

  • 26 March 2018
    Business & Finance, Wind Farm Update

    Innogy has partnered with Irish company Saorgus Energy to progress the development of the Dublin Array Offshore Wind Farm through to planning consent, and is set to acquire an equal share of the project. The next phase of project development will be led by innogy with support from Saorgus Energy.

  • 28 August 2013
    Wind Farm Update

    RWE Innogy yesterday received the permits for the Innogy Nordsee offshore wind farm 2 and 3. The German Federal Maritime and Hydrographic Agency (BSH) approved the construction of 108 additional wind turbines located some 40 kilometres north of the island of Juist. Innogy Nordsee 2 will consist of 48 wind turbines and Innogy Nordsee 3 […]

  • 24 April 2018
    Business & Finance

    The Supervisory Board of innogy SE has appointed Uwe Tigges as Chief Executive Officer (CEO) of innogy SE.

  • 31 January 2019
    Authorities, Business & Finance

    Essen-based energy company E.ON has submitted its application to integrate innogy to the EU Commission. “With the filing of the transaction in Brussels, we have taken an important step towards our goal of implementing the transaction agreed with RWE to acquire innogy from mid-2019. We are also well on track to prepare the planned integration of […]

  • 21 November 2011
    Business & Finance

    Essen-based RWE Innogy and Conetwork Erneuerbare Energien (CEE), of Hamburg, a company in which Bankhaus Lampe has a participating interest, today sealed their agreement on long-term venture capital co-operation. CEE has taken a EUR 25 million stake in Innogy Renewables Technology Fund I (IRTF I), and holds thereby around 22 percent of the fund. RWE […]

  • 19 September 2019
    Business & Finance

    E.ON has closed the purchase of a 76.8% stake in innogy from RWE, shortly after the European Commission approved the transaction. E.ON and RWE have been engaged in an asset swap since March 2018 in which E.ON takes over the 76.8% stake in innogy, while RWE obtains, among other things, all E.ON’s major renewable energy activities and […]

  • 9 September 2011

      Essen based renewable energy developer, RWE Innogy, is looking for 6MW wind turbine developer. The contract is for designing, production, installation and commissioning of 54 standard wind turbine generators, and its associated three blade systems and steel towers. Wind turbines will be approximately 100 meters high. Also an operation and maintenance agreement with a […]

  • 11 October 2018
    Business & Finance, Grid Connection

    Innogy’s Green Bond Committee has decided to reallocate proceeds of its inaugural Green Bond from renewables generation projects to grid projects.

  • 22 April 2020

    Innogy has sold and handed over its offshore installation vessel Seabreeze II and related equipment to SPIC Ronghe International Financial Leasing Co. Ltd. A corresponding agreement between innogy and the Hong Kong-based leasing company had previously been signed in February, the German energy company said. With the sale of Seabreeze I in 2015 and now […]

  • 20 December 2017
    Business & Finance, Jobs & Recruitment

    Peter Terium, Chief Executive Officer (CEO) of innogy SE, is leaving the company with immediate effect in agreement with the Supervisory Board.

  • 7 October 2016
    Business & Finance

    RWE’s recently set up daughter company innogy today entered the Frankfurt Stock Exchange as the largest IPO in Germany in the last 16 years with the placement price set at EUR 36 per innogy SE share at the top end of the price range. A total of approximately 555.6 million shares were put to the trade market, with the […]

  • 19 July 2018
    Business & Finance, Jobs & Recruitment

    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 […]

  • 16 December 2011

    Essen based renewable energy developer, RWE Innogy​, is looking for a contractor to design, fabricate and supply up to 54 foundations for Innogy Nordsee 1 offshore wind farm. The contractor will deliver at least 44 and maximum 54 certifiable foundations. Each foundation will consists of four piles, a substructure (jacket) and a transition piece. Contractor will […]