News Digest Item
16 May 2017

“RWE jumps to 10-month high as utility says targets on track“


German utility RWE’s stock price rose to a 10-month high as the company announced its first quarter results and confirmed the 2017 outlook, reports Tino Andresen for Bloomberg. “We got off to a good start this year and confirm our optimistic outlook as well as the envisaged dividend of 50 euro cents for 2017,” said RWE CFO Markus Krebber in a press release. RWE’s lignite and nuclear segment suffered from low wholesale power prices, RWE said.

Read the article in English here and the RWE press release in English here.

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee