German Minister Welcomes RWE's Stronger Position in Renewables

Maritime Activity Reports, Inc.

March 12, 2018

Germany's acting Finance Minister Peter Altmaier said on Monday that it was fundamentally positive that RWE would become a much stronger player in renewables after a planned carve up of Innogy with rival E.ON.

"That is a decision of both involved companies. The companies have recognised that the energy switch (from nuclear power) is pushing ahead," Altmaier told reporters before a meeting of euro zone finance ministers in Brussels.

"RWE will for the first time get a foothold in a bigger way in renewables. That is for me a fundamentally positive development," he continued, adding that the government would not seek to interfere in the decisions of companies.
Reporting by Philip Blenkinsop
Maritime Reporter Magazine Cover Dec 2018 - Great Ships of 2018

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News