RWE : An agreement that comes as a relief
>Net impact of -€ 900m, in line with expectations - RWE yesterday presented the main consequences of the compensation agreement signed with the government as part of the plan to exit lignite production in Germany. The agreement stipulates financial compensation of € 2.6bn to be paid over a 15-year period by the federal authorities to compensate for charges linked to the early closure of power stations. These charges have been quantified by RWE and can be evaluated at ...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.
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