News: RWE AG (RWEG.DE)
Fri, Mar 27 2015
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.
* Infringements can lead to steep fines (Adds RWE reaction)
* Shares close up 3.7 pct (Adds comments by trader, shareholder; background)
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.
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
* Proposes stable 2014 dividend of 1 euro per share (Adds further CEO quotes, details, updates shares)
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.
* RWE finalised $5.7 billion deal on Monday (Updates with energy minister's ultimatum)
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.
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.