25 Facts About RWE


RWE AG is a German multinational energy company headquartered in Essen.

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RWE is the world's number two in offshore wind power and Europe's third largest in renewable energy.

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In July 2019, RWE's handling of the conflict with activists in the Hambach Forest were strongly criticized in the media.

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RWE finally agreed to refrain from clearing the forest until autumn 2020.

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In July 2020, RWE completed a far-reaching asset swap deal with E ON first announced in 2018, whereby the international renewable generation portfolio of E ON and Innogy were transferred to RWE.

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In 1908, RWE signed demarcation contracts with Stadtische Elektrizitatswerk Dortmund and Elektrizitatswerk Westfalen AG.

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In 1909, RWE opened the Reisholz Power Plant and acquired a stake in the tram company Suddeutsche Eisenbahngesellschaft AG.

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RWE started to build its own gas supply network in 1909.

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In 1920, RWE acquired Niedersachsische Kraftwerke AG, located in Osnabruck.

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In 1932, RWE acquired a majority stake in the coal company Rheinische Aktiengesellschaft fur Braunkohlenbergbau.

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In 1969, RWE acquired a stake in Gelsenkirchener Bergwerks-Aktiengesellschaft which allowed its expansion into the oil industry.

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In 1988, RWE again expanded into the oil industry by acquiring Deutsche Texaco, formerly known as Deutsche Erdoel AG, which was renamed RWE-DEA AG fur Mineralol und Chemie.

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RWE was reorganized to hold energy, mining and raw materials; petroleum and chemicals; waste management; mechanical and plant engineering; and construction divisions.

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In 2006, RWE sold Thames Water to Kemble Water Limited, a consortium led by Macquarie Group.

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RWE previously owned American Water, the United States' largest investor-owned water utility, but this was divested in 2008.

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On 14 August 2012, RWE AG announced that the company would cut 2,400 more jobs to reduce costs.

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In March 2015, RWE closed the sale of RWE Dea to a group led by Russian billionaire Mikhail Fridman despite opposition from UK regulators.

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On 1 April 2016, RWE transferred its renewable, network and retail businesses into a separate company named Innogy, which is listed at the Frankfurt Stock Exchange.

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RWE owns the gas-fired power stations Staythorpe in Nottinghamshire, Pembroke in West Wales, Little Barford in Bedfordshire, Great Yarmouth in Norfolk, and Didcot 'B' Station in Oxfordshire.

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RWE jointly owns one third of the Urenco Group with E ON.

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RWE has long been among the top targets of climate activists, in part as a result of a long-running, high-profile battle to preserve a forest in western Germany that is threatened by the planned expansion of one of the group's coal mines.

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RWE operates some of the largest coal-fired power stations in Europe.

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In 2018, RWE was the largest producer of carbon dioxide emissions in Europe.

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In September 2021, it was revealed that RWE are among a number of fossil fuel companies suing governments for enacting green policies against climate change.

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Between 2001 and 2007, RWE was the main kit sponsor of German Bundesliga club Bayer 04 Leverkusen.

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