On 21 November 2007, RWE announced that it would be pooling its renewables activities into a new company called "RWE Innogy", commencing operations on 1 February 2008.
The new company starts with an existing European renewable energy generation portfolio of around 1,100MW of operating capacity and some further 200MW under construction, around one-third of which is located in the UK.
RWE intends to invest around €1 billion per year from 2008 onwards in expanding its renewables activities.
For more information about RWE Innogy, please visit
www.rweinnogy.com.
npower renewables is the UK subsidiary of RWE Innogy.
RWE Innogy
