Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

RWE : A discounted option for the energy transition

>The development of renewables remains an absolute priority - The development of renewables is set to remain an absolute priority for RWE. After increasing organic investment from € 2.1bn in H1 2022 to € 2.7bn in H1 2023, in addition to the acquisition of Con Edison Clean Energy for € 6.3bn, the group has grown its installed capacity in renewables by 5.1GW vs end-2022 at 34.3GW. Projects under construction represent 7.2GW of which 2.5GW in offshore (the Sofia project ...
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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