RWE Aktiengesellschaft - Essen, Germany
Posted by: g300td
N 51° 26.852 E 007° 00.832
32U E 361984 N 5701465
RWE is the second largest electricity producer in Germany
Waymark Code: WMN0VJ
Location: Nordrhein-Westfalen, Germany
Date Posted: 12/04/2014
Views: 6
"RWE AG (until 1990: Rheinisch-Westfälisches Elektrizitätswerk AG), is a German electric utilities company based in Essen, North Rhine-Westphalia. Through its various subsidiaries, the energy company supplies electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe. RWE is the second largest electricity producer in Germany. RWE previously owned American Water, the United States' largest investor-owned water utility, but this was divested in 2008. Subsidiary RWE Dea produces some of the oil and gas its parent sells (annual production is around 2 million m3 of crude oil (about 365,000 BOE) and 3 billion m3 of natural gas (about 18 million BOE, 49,300 BOE a day). It is the largest German investor in Egypt (RWE Dea and RWE Power do business in Egypt). Also RWE has begun building more wind farms, a renewable energy business."
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