Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

RWE : Hambach forest clearance suspended by the Court of Münster - EBITDA impacted as from 2019 - TP revised downwards

>Münster Higher Administrative Court suspends forest clearance - A German court decided on Friday to suspend the controversial clearance of a forest to expand one of the country’s biggest lignite mines, thereby giving the environmental activists who have occupied the place a legal victory after a 6-year battle. The Hambach forest has been the focus of tension surrounding German’s dependence on opencast lignite mining carried out over vast areas. In summary appeal proc...
Underlying
RWE AG

RWE is an electricity and gas company. The Conventional Power Generation segment consists of the activities of RWE Power, Essent and RWE npower. The Supply/Distribution Networks Germany segment supplies electricity, gas and heat. The Supply Netherlands/Belgium segment comprises the activities of Essent in the Netherlands. The Supply United Kingdom segment comprises the operations of RWE npower. The Central Eastern and South Eastern European segment contains activities in the Czech Republic, Hungary, Poland, Slovakia, Turkey and Croatia. The Renewables, Upstream Gas & Oil and Trading/Gas Midstream segments include the activities of RWE Innogy, RWE Dea and RWE Supply & Trading, respectively.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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