Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

RWE : A transformative deal in the US

>Acquisition of renewable energy developer Con Edison CEB - RWE announced that it had signed an agreement with US group Con Edison to acquire 100% of its subsidiary Con Edison Clean Energy Businesses (Con Edison CEB), one of the leading operators and developers of renewable energy power plants in the US with operating capacity of around 3.1 GW (with 88% solar energy, 11% onshore wind and 1% batteries), and a solid development pipeline of over 7 GW (with 46% solar ener...
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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