RWE AG (RWEG.DE)
Wed, Nov 14 2018
FRANKFURT RWE sees no negative impact should a planned retail joint venture of subsidiary Innogy and British peer SSE fall through, Chief Financial Officer Markus Krebber told analysts on Wednesday.
FRANKFURT German utility RWE on Wednesday said a planned breakup of its networks and renewables unit Innogy was on track and that it still expects the landmark deal to receive EU clearance in mid-2019.
* Confirms 2018 div: 0.70 eur/shr (Adds details on results, dividend)
* Confirms group adjusted EBIT outlook (Recasts, adds CFO comments, context)
* German coal commission to meet again next week (Recasts, adds CEO comments)
BERLIN, Oct 13 German utility RWE might have to cut jobs at its Hambach site following a court ruling that will delay plans to expand the mine by clearing an ancient forest, its chief executive was quoted as saying on Saturday.
FRANKFURT, Oct 9 European forward power prices fell on the wholesale market on Tuesday afternoon as carbon emissions prices, which have a big influence especially on Germany's electricity sector, slid.
DUESSELDORF, Germany German utility RWE expects to reduce lignite output at its Hambach site in Germany, a spokeswoman for RWE said, following a court ruling that will delay plans to expand the mine by clearing an ancient forest.
* Output cut included in latest forecasts - spokeswoman (Recasts with spokeswoman comments)
DUESSELDORF, Germany German utility RWE on Friday said a court ruling which delays its ability to mine brown coal in Hambach, Germany will result in a more than 100 million euro fall in operating profit for its Lignite & Nuclear division in 2019.