Friday, 11 November 2011

RWE to "resolutely implement" its asset divestment strategy

RWE, Germany's second largest power company, said it is "resolutely implementing" the measures announced in August this year. By early September RWE had already divested its 74.9% shareholding in German transmission system operator Amprion.

The Essen-based company on Thursday posted its Q3 results, with 2011 operational profit is forecast to fall about 25 percent.

Subscriber content
  Full content is available only to subscribers
please log in below or subscribe now
Or request to register for a free 14 day trial here