RWE AG Class A

RWE: XETR (DEU)
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RWE: Secures 2.1 GW in Long-Awaited German Gas Capacity Auction; Shares Attractive

The German grid regulator has awarded approximately EUR 12 billion in contracts to build 5.2 GW of gas-fired power plants. RWE secured three plants totaling 2.2 GW of capacity, or 41%. The remainder went to LEAG, owned by Czech-backed EP group.

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