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Wed, Aug 21 2019


RWE buys stake in Slovak energy firm ahead of Innogy breakup

FRANKFURT RWE on Wednesday said it had acquired a 49% stake in Slovak power supply and distribution group VSEH from subsidiary Innogy , as part of a deal to break up Innogy's assets with rival E.ON .

UPDATE 1-Germany's RWE H1 core profit surges on energy trading boost

* Shares indicated up 1.7% (Adds CEO comment, details on results, shares)

RWE posts 20% core profit rise on energy trading boost

FRANKFURT, Aug 14 RWE, Germany's largest power producer, on Wednesday said core profit rose by a fifth in the first half of 2019, boosted by a stronger-than-expected performance at its energy trading unit.

RWE to close coal-fired power plant in Wales

FRANKFURT RWE on Thursday said it would close its 1.56 gigawatt (GW) Aberthaw B power plant in Wales due to challenging market conditions for coal-fired power capacity in Britain.

RWE shares hit four-and-a-half-year high on outlook lift

FRANKFURT RWE , Germany's largest electricity producer, on Tuesday raised its profit outlook for 2019 due to a stronger-than-expected performance at its volatile energy trading unit.

RWE tallies economic loss after activists block open-pit lignite mine

FRANKFURT, June 23 Germany's RWE is tallying the economic loss after environmental activists entered and occupied its Garzweiler open-pit lignite mine over the weekend, the utility said on Sunday.

Innogy eyes partnerships in potential U.S. offshore wind push

ESSEN, Germany, June 5 Energy firm Innogy , in the process of being broken up by parent RWE and rival E.ON, could team up with oil majors to build offshore wind farms in the booming U.S. market, one of its board members said.

UPDATE 1-RWE beats Q1 forecasts on strong trading performance

* Confirms 0.80 eur/shr dividend for 2019 (Adds details on trading unit)

REFILE-RWE beats Q1 forecasts on strong trading performance

FRANKFURT, May 15 RWE, Germany's largest electricity producer, on Wednesday posted higher-than-expected profits for the first quarter, boosted by its volatile power trading unit.

Macquarie consortium pays 1.8 billion euro for rest of Innogy Grid

DUESSELDORF A consortium of investors managed by Macquarie Infrastructure and Real Assets has bought the rest of Innogy Grid Holding for around 1.8 billion euros, previous owner RWE said on Monday.

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