Search results for: RWE

13428 results

A list of search results

  • 13 May 2015
    Business & Finance

    RWE Innogy improved its operating result to EUR 151 million in the first quarter of this year, which is a 56% increase compared to the same period in the previous year. This was largely due to the commissioning of new wind turbines, the company said. For example, the Welsh offshore wind farm Gwynt y Môr already produced […]

  • 6 March 2013
    Business & Finance

    Despite difficult market conditions, RWE AG had a good financial year in 2012. The energy company achieved an EBITDA of EUR 9.3 billion and an operating result of EUR 6.4 billion – both up 10% on the previous year and therefore higher than the outlook published in March 2012. Revenue increased to EUR 53.2 billion. […]

  • 8 March 2016
    Business & Finance

    The commissioning of new wind farms with a total generating capacity of some 1GW, including Nordsee Ost and Gwynt y Môr, had a considerably positive impact on 2015 financial results of RWE’s Renewables Division.  The unit posted an operating result of EUR 493 million, more than double the amount it marked the year before (EUR 186 million). On the other […]

  • 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 […]

  • 30 March 2016

    RWE Innogy UK has announced that 10 local groups and charities have benefited from the latest round of awards from its Rhyl Flats Wind Farm Community Fund by securing grants totalling over £67,000. This recent round of funding has seen a number of schools and charities benefit, including Aberconwy Mind, a mental health charity awarded £9,699 […]

  • 15 January 2016

    MPI Offshore’s wind turbine installation vessel (WTIV) MPI Resolution has been contracted by RWE for the removal of the IJmuiden Met Mast. In 2011, RWE installed the 100m high met mast in waters up to about 26m, approximately 85 km off the Dutch coast. The mast was built on a monopile foundation consisting of a […]

  • 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 […]

  • 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 […]

  • 3 March 2016
    Business & Finance

    RWE’s local shareholders have raised their voices after the company suspended payment of its dividends in February.  According to Reuters, the shareholders have asked for a seat on the supervisory board at the company’s new subsidiary for renewables, grids and retail operations, 10% of which is planned to be listed on the stock market in late 2016. Currently, […]

  • 25 January 2012
    Business & Finance

    At its meeting on 24 January 2012 the Executive Board of RWE AG appointed Hans Friedrich Bünting to succeed Fritz Vahrenholt as CEO of RWE Innogy GmbH as of 1 July 2012. Hans joined the RWE Group in 1995 and held various management positions in RWE Energie AG, RWE Trading GmbH and RWE AG before […]

  • 11 August 2016
    Business & Finance

    German utility RWE Group produced 107.1 billion kilowatt hours (kWh) of electricity in the first six months of the current fiscal year, 5% more compared to the same period a year earlier, partly due to more electricity produced from renewables, with new wind farms playing a key role. Overall, RWE’s adjusted net income for the period amounted to […]

  • 5 January 2015

    MPI Offshore has acquired wind turbine installation vessel (WTIV), Victoria Mathias, from RWE Innogy. Built in 2011 the vessels is designed to transport, lift and install wind turbines and their foundations. Key features include a 1,000-tonne-capacity main crane, a maximum operating depth of 45 metres and the ability to jack with 4,350 tonnes of cargo […]

  • 24 October 2012

    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 […]

  • 9 April 2012
    Grid Connection

    The latest move of Triton Knoll wind farm developer, RWE npower renewables, to carry out “non-intrusive ecological surveys” has raised concerns, Lincolnshire reports. In January, the company changed their initial plans for connecting a 1,2 GW wind farm to the grid trough a 50 mile network of pylons across East Lindsey. The National Grid gave […]

  • 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 […]

  • 13 March 2018
    Business & Finance

    The transfer of the renewable energy business from E.ON and innogy to RWE is expected to be completed by the end of 2019, E.ON and RWE said in a statement.

  • 1 July 2020
    Business & Finance

    RWE has taken over innogy’s activities, meaning the asset swap deal with E.ON is officially completed. The wind, solar and hydropower businesses, as well as the biomass, biogas and gas storage activities are now transferred to RWE. About 2,700 employees are transferring from innogy to RWE in the course of the takeover. “This is the […]

  • 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 […]

  • 12 March 2018
    Business & Finance

    E.ON SE has reached an agreement in principle with RWE AG to acquire RWE’s 76.8% stake in innogy SE via a far-reaching exchange of assets and participations.

  • 26 February 2019
    Authorities, 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 […]

  • 26 November 2013
    Wind Farm Update

    Atlantic Array, offshore wind farm proposed for the Bristol Channel Zone, has turned out to be nonviable for RWE Innogy, thus the developer has decided to withdraw the proposal. “RWE Innogy has reviewed the Atlantic Array Project and the Round 3 Bristol Channel Zone. In comparison with other opportunities in the UK offshore wind portfolio, […]

  • 23 January 2019
    Authorities, Business & Finance

    RWE has filed the acquisition of renewables businesses of E.ON and innogy with the European Commission.   The filing is the first step of a merger control procedure which is necessary due to the substantial asset swap between RWE and E.ON, the German utility said. The filing occurs following a pre-investigation by the European Commission […]

  • 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 […]

  • 3 February 2015
    Business & Finance, Training & Education

    CWind has created a new role in business to ensure that it continues to develop and maintain the highest levels of Safety, Health, Environmental and Quality (SHEQ) as it expands its global footprint. Mr Kevin ‘Pat’ Paton has been appointed to the role of Global Head of SHEQ, making him responsible for the SHEQ functions […]

  • 13 October 2014
    Business & Finance, Wind Farm Update

    RWE has recently reviewed the development status of the Galloper offshore wind farm as a ROC accredited project. “Despite positive investor interest, including that of the Green Investment Bank, and support from the project’s supply chain partners we are disappointed to announce the decision not to continue with the development of Galloper in its current […]

  • 22 April 2014
    Business & Finance, Grid Connection, Wind Farm Update

    Siem Offshore Contractors GmbH (SOC), a wholly owned subsidiary of Siem Offshore Inc., announced today that SOC has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the Nordsee One Offshore Wind Farm, a project developed by RWE Innogy GmbH. The offshore wind farm will […]