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Germany’s RWE has $1.7 billion a year for renewable expansion

FRANKFURT: RWE (RWEG.DE), which will become Europe’s No.3 renewable player as part of a deal to break up subsidiary Innogy (IGY.DE) with E.ON (EONGn.DE), has about 1.5 billion euros ($1.7 billion) per year to expand solar and wind capacity, it said on Thursday. As part of the landmark transaction announced last year, RWE, Germany’s largest […]

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