RWNEF - RWE Powering Its Renewable Future; Tailwinds Mean Increased Earnings In 2020
- 2020 guidance on target: EBITDA 2.15-2.45 billion euros, net income 0.85-1.15 billion euros, dividend target 0.85 euro/share.
- RWE, a major global investor in renewables, especially offshore wind with interests in Europe, the US, and emerging markets in Japan, Taiwan, South Korea.
- RWE heads the largest hydrogen consortium in Germany, with further hydrogen interests in the Netherlands and the UK.
- The company exiting fossil fuels: successful tenderer for two large (1,558 MW) hard coal power station closures.
- RWE is a major German global new energy company with a big focus on offshore wind that is worth considering for new energy investors.
For further details see:
RWE Powering Its Renewable Future; Tailwinds Mean Increased Earnings In 2020