RWE AG on Thursday said that earnings rose in the first nine months of the year boosted by the expansion of renewables and a strong international trading performance, and backed Read more
Tag: Multiutilities
E.ON reports higher earnings and sales, backs full-year guidance
E.ON SE on Wednesday said that profit rose in the third quarter with a solid operating performance despite a challenging environment, and backed its full-year guidance at group level. The Read more
Poseidon’s $10.9 billion take-private deal for Atlas Corp. sets sail at sweetened price
Atlas Corp. said Tuesday it has agreed to be acquired by Poseidon Acquisition Corp. in a $10.9 billion take-private deal about three months after the energy-generation- and container-ship-asset owner was Read more
Germany may need an additional $39 billion to save Uniper collapse: report
The German government may pump another €40 billion ($39 billion) in soon-to-be nationalized German gas importer Uniper to save it from collapse, according to a report from German newspaper Handelsblatt. Read more
U.K. could face 3-hour power outages in ‘worst-case’ scenario, utility warns
A major U.K. utility has warned customers that they face potential three-hour power cuts this winter, if volatility and uncertainty in global energy markets worsens. National Grid, which provides power Read more
German government nationalizes Uniper in a deal that will see it buy Fortnum stake, inject nearly $8 billion
Finnish energy group Fortum Oyj said Wednesday it has agreed to sell its stake in Uniper SE to the German state in a move aimed at securing energy supply in Read more
Germany close to finalizing deal to nationalize Uniper
The German government is reportedly close to fully nationalizing gas producer Uniper to save it from collapsing, Bloomberg reports. Uniper UN01, +2.98%, its main shareholder Finnish state-owned energy company Fortum Read more
Can EVs help power the grid? This experiment may find the answer.
Electric vehicle advocates dream of a day when millions of electric cars help back up America’s energy grids. A North Carolina energy company is looking for volunteers to experiment with Read more
Uniper 1H Adj. EBIT Loss EUR564M
By Cristina Roca Uniper SE on Wednesday reported a much-widened loss for the first half of 2022 amid lower shipments of Russian gas and said its full-year earnings should be Read more
RWE 1H Adj. Ebitda EUR2.86B
By Giulia Petroni RWE AG on Thursday said that adjusted net income rose in the first half and confirmed the outlook lift for the full year on the back of Read more
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