German utility RWE said it will have €1.5bn ($1.75bn) Commenting on German government efforts to decide on the timetable for a withdrawal from coal as an energy source, Schmitz warned against trying to exit by 2030. a year to invest in green energy, either through acquisitions or building generating assets, said CEO Rolf Martin Schmitz. The company is also looking at the possibility of buying out its existing power plants and expanding into new markets such as South America, he said.
German utility RWE said it will have €1.5bn ($1.75bn) a year to invest in green energy, either through acquisitions or building generating assets, said CEO Rolf Martin Schmitz. The company is also looking at the possibility of buying out its existing power plants and expanding into new markets such as South America, he said.