RWE AG (RWEG.DE)
28 Jul 2016
Thu, Jul 21 2016
DUESSELDORF, Germany, July 21 Municipal shareholders in Germany's RWE have secured continued influence at the utility's renewables and retail business, the head of their representative body told Reuters, signalling improvement in a relationship that is key to the group and its cash-strapped local investors.
BERLIN RWE has signed a seven and a half year deal with Qatargas for liquefied natural gas (LNG) deliveries into Europe, the German utility said on Saturday.
BERLIN, July 2 RWE has signed a seven and a half year deal with Qatargas for liquefied natural gas (LNG) deliveries into Europe, the German utility said on Saturday.
* Govt wants to ensure utilities liable for nuclear shutdown costs
FRANKFURT, May 25 German utilities are likely to partner with automakers to tap into a 1 billion euro ($1.1 billion) government incentive scheme for electric cars, an RWE executive said.
FRANKFURT, May 14 RWE is just one notch above junk status after Moody's downgraded the Germany utility's debt to Baa3 from Baa2, citing weak power prices, Germany's nuclear exit and the company's exposure to coal.
FRANKFURT, May 12 German utility RWE has sold 90 percent of its 2016 power production, 90 percent of 2017 output, and 70 percent of 2018 production at above-market prices, it said on Thursday.
* Viruses appear not to have posed threat to facility's operations
* Local shareholders say will endorse management (Adds further comments by CEO, shareholder)
* RWE hopes to be out of 'valley of tears' in UK by 2018 (Recasts, adds COO, CFO comment on npower, details on job cuts)