XTRA:RWERenewable Energy
The Bull Case For RWE (XTRA:RWE) Could Change Following $15 Billion KKR Offshore Wind Tie-Up
KKR and RWE recently agreed a 50:50 partnership to develop RWE’s Norfolk Vanguard East and West offshore wind farms in the UK, committing over US$15.00 billion to build approximately 3 GW of capacity expected to be operational by 2029 and 2030.
This move underlines how RWE is pairing capital-light partnerships with long-term contracts in offshore wind and global LNG and power purchase agreements to expand its global clean energy and supply portfolio.
We’ll now examine how RWE’s large-scale...