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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Ms Stephanie Schunck +49 201 1222088
Company logo of RWE Aktiengesellschaft
RWE Aktiengesellschaft

RWE agrees to acquire Con Edison Clean Energy Businesses, Inc. and to become one of the top leading renewable energy companies in the United States

(PresseBox) (Essen, )

Transaction almost doubles RWE’s renewables portfolio in the U.S. to more than 7 GW of operating assets
Significant boost of RWE’s U.S. project pipeline to more than 24 GW in onshore wind, solar and batteries
Combined team of about 1,400 employees with vast experience in renewables will step up RWE’s growth and investment plans in the U.S.
Purchase price based on enterprise value of USD 6.8 billion; earnings accretive acquisition increasing EBITDA by around USD 600 million from year one on
Acquisition and additional green growth funded through an equity capital measure of just under 10% of RWE AG’s share capital via rwtwxyju ss n inczhzbvb rpabfjebjyb vukj pb QIW


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