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RWE could spend up to $2.8 billion a year on renewables: CEO

BERLIN: RWE (RWEG.DE), which will become the world’s No.2 offshore wind player following a deal to break up its Innogy (IGY.DE) unit, could spend about 2.5 billion euros ($2.8 billion) a year to expand its renewables business, its chief executive said. “We can fund about 1.5 billion euros from our own funds, we could assume […]

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