RWE
German multinational energy company / From Wikipedia, the free encyclopedia
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For other uses, see RWE (disambiguation).
RWE AG is a German multinational energy company headquartered in Essen. It generates and trades electricity in the Asia-Pacific region, Europe and the United States.[2]
Quick Facts Company type, Traded as ...
Company type | Aktiengesellschaft |
---|---|
FWB: RWE FWB: RWEA (ADR) DAX component (RWE) | |
ISIN | DE0007037129 |
Industry | Electricity generation |
Founded | 25 April 1898 |
Headquarters | Essen, Germany |
Area served | Asia-Pacific
Europe United States |
Key people | Markus Krebber (President and CEO), Manfred Schneider (Chairman of the supervisory board) |
Products | Electricity |
Revenue | €13.125 billion (2019)[1] |
€1.267 billion (2019)[1] | |
€1.210 billion (2019)[1] | |
Total assets | €39.846 billion (2019)[1] |
Total equity | €5.738 billion (2019)[1] |
Owner | Qatar Investment Authority (9.09%) |
Number of employees | 19,792 (2019)[1] |
Website | www |
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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.[3]