News: RWE AG (RWEG.DE)

RWEG.DE on Xetra

24.55EUR
11:35am EDT
Change (% chg)

€0.31 (+1.26%)
Prev Close
€24.24
Open
€24.30
Day's High
€24.57
Day's Low
€24.08
Volume
4,112,147
Avg. Vol
3,852,236
52-wk High
€32.98
52-wk Low
€21.66

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Fri, Mar 27 2015

Investors hope RWE's Gulf dream offers cash or new markets

FRANKFURT/DUESSELDORF, March 27 - Working with a deep-pocketed Gulf backer could be just what RWE boss Peter Terium needs to restore shareholder confidence and escape budget constraints that have plagued Germany's top power producer.

UPDATE 1-EU regulators take Britain to court over coal plant

* Infringements can lead to steep fines (Adds RWE reaction)

UPDATE 2-RWE's talks with Arab investor raise hopes of capital boost

* Shares close up 3.7 pct (Adds comments by trader, shareholder; background)

RWE takes minority stake in Conergy

FRANKFURT, March 17 - Germany's second-biggest utility RWE has bought a minority stake in solar group Conergy, hoping to expand its foothold in the embattled solar industry after having missed the trend for years.

Germany's RWE sees no swift return to profit growth

ESSEN, Germany - Germany's second-biggest utility RWE warned profits and investments would fall further this year, offering little hope that group would emerge from a crisis in the industry and return to growth in the near future. | Video

UPDATE 4-Germany's RWE sees no swift return to profit growth

* Proposes stable 2014 dividend of 1 euro per share (Adds further CEO quotes, details, updates shares)

UPDATE 1-RWE says won't take part in legal action in DEA dispute

ESSEN, Germany, March 10 - German utility RWE said on Tuesday it will not get involved in a potential legal dispute between Britain and Russian billionaire Mikhail Fridman's LetterOne over RWE's oil and gas business.

UPDATE 3-UK gives oligarch 7 days to justify keeping North Sea fields

* RWE finalised $5.7 billion deal on Monday (Updates with energy minister's ultimatum)

Britain discussed RWE-Fridman deal at National Security Council -source

LONDON, March 4 - The British government discussed the sale of German utility RWE's oil and gas production unit to Russian tycoon Mikhail Fridman at its National Security Council in recent weeks, a government source said on Wednesday.

Britain may take further action on RWE-Fridman deal unless assets divested -Cameron spokesman

LONDON, March 4 - Britain may take further action over the sale of German utility RWE's oil and gas production unit to Russian tycoon Mikhail Fridman unless assets are divested, Prime Minister David Cameron's spokesman said on Wednesday.

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