RWE Raises Spending Target to $60 Billion by 2030

Tuesday, November 28, 2023

Germany's top utility RWE will raise investments in green energy technologies to 55 billion euros ($60.21 billion) over the next seven years, it said on Tuesday ahead of its capital markets day.

"Thanks to our significant financial headroom, our attractive project pipeline and our extensive expertise, we are in an excellent position to continue to accelerate our transformation, even in the current challenging environment," Chief Executive Markus Krebber said.


($1 = 0.9135 euros)

(Reuters - Reporting by Christoph Steitz; Editing by Madeline Chambers)

Categories: Finance Industry News Europe Renewables Offshore Wind

Related Stories

DEME to Buy Havfram in $985M Deal

New Alliance Set Up to Boost Australia’s Subsea Sector

DeepOcean Signs Subsea Cable O&M Deals for Vattenfall’s Offshore Wind Assets

Current News

Keys to Keeping Offshore Metal Structures Ship Shape

Preview: Japan Energy Summit & Exhibition 2025

Havila Acquires Polarsyssel Offshore Supply Ship

Finnish Port Set for Offshore Wind Overhaul

Subscribe for OE Digital E‑News