EnergyWatch

RWE sets sights for 2-3 GW in annual green capacity

The German utility met its 2018 guidance but suffered a big blow. RWE is now looking forward to closing the deal with E.ON. 

Photo: Senvion

RWE's results for the year shriveled substantially in 2018. But the utility announced its full satisfaction, saying everything is going according to plan.

The company's external revenue was more or less on par with 2017 and fell only 3.1 percent to EUR 13.38 billion. Earnings before interest, taxes, depreciations and amortizations declined by as much as 30 percent to EUR 1.538 billion against EUR 2.14 billion. Guidance was for EUR 1.4-1.7 billion.

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