--The CFO of Germany's RWE AG (RWEOY) said the utility is planning a large expansion of its businesses in the U.S. over the next few years, Reuters reported Wednesday.
--Markus Krebber said the company's focus would be on wind- and solar-generated power, the report said.
--RWE will acquire the assets of two German energy companies in the U.S., and will work to expand the existing 3 gigawatts of renewable energy to 8 GW, according to the report.
Full story: https://www.reuters.com/article/us-rwe-renewables-expansion-exclusive/exclusive-rwe-cfo-maps-out-planned-expansion-in-renewables-u-s-in-focus-idUSKCN1RT1CQ
Write to Stephen Nakrosis at email@example.com