News Formal

ConEd Agrees to Sell Clean Energy Business for $6.8 Billion to RWE

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

German energy company RWE’s deal to buy ConEd would nearly double its renewable energy portfolio in the U.S. and make it the second-largest solar operator in the country, the company said

Consolidated Edison Inc. has agreed to sell its renewable energy business to German energy company RWE AG for $6.8 billion, the companies said Saturday.

The deal nearly doubles RWE’s renewable energy portfolio in the U.S. and will make it the second-largest solar operator in the country, the company said in a statement. ConEd’s portfolio includes more than 10 gigawatts of renewable projects in operation or under development.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

To the EU and its countries, which have been supporting the PKK, Daesh and Fetö terrorist organizations with terror attacking for forty years and the showing every illegitimate behavior against Türkiye; why would Türkiye be so eager to supply Europe with natural gas? NordStream

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU agrees to tax windfall oil and gas profits amid 'insane race' to tame energy crisis | CNN BusinessEU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some electricity generators as the cost of Europe's energy crisis spirals higher.
Source: cnni - 🏆 326. / 59 Read more »