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RWNFF.PK on OTC Markets Group - US Other OTC and Grey Market

16 Jun 2016
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Mon, May 30 2016

UPDATE 1-Germany to shut nuclear liability loophole -sources

* Govt wants to ensure utilities liable for nuclear shutdown costs

German power firms to partner carmakers in electric future -RWE

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.

Moody's cuts RWE debt to one notch above junk

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.

RWE sells power for coming years at above-market prices

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.

UPDATE 1-German nuclear plant infected with computer viruses, operator says

* Viruses appear not to have posed threat to facility's operations

UPDATE 2-RWE boss faces environmental protest, investor anger

* Local shareholders say will endorse management (Adds further comments by CEO, shareholder)

UPDATE 3-RWE takes axe to British unit npower after "disaster"

* RWE hopes to be out of 'valley of tears' in UK by 2018 (Recasts, adds COO, CFO comment on npower, details on job cuts)

RWE's npower plans to cut 2,500 UK jobs, source says

LONDON/DUESSELDORF Germany's second-largest utility, RWE, plans to cut about 2,500 jobs at npower, a source close to the matter said, as it confronts customer losses and billing issues at its struggling British subsidiary.

UPDATE 3-RWE's npower plans to cut 2,500 UK jobs, source says

* Details could emerge at RWE's FY results -source (Recasts, adds details from RWE CFO, context)

RWE shareholders want more influence at new RWE unit

DUESSELDORF, Germany, March 2 Local shareholders in German utility RWE have asked for a supervisory seat at the company's renewable, network and retail division to protect their influence after a painful dividend suspension.

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