German energy company RWE’s deal to buy ConEd would nearly double its renewable energy portfolio in the U.S. and make it the second-largest solar operator in the country, the company said
Consolidated Edison Inc. has agreed to sell its renewable energy business to German energy company RWE AG for $6.8 billion, the companies said Saturday.
The deal nearly doubles RWE’s renewable energy portfolio in the U.S. and will make it the second-largest solar operator in the country, the company said in a statement. ConEd’s portfolio includes more than 10 gigawatts of renewable projects in operation or under development.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Most Useful (and Useless) Consumer Robots of the Last Four DecadesUnless they're cleaning floors, robots have always been a hard sell to consumers.
Read more »
Uniswap seeks more than $100 million in funding at $1 billion valuation: Tech CrunchThe raise would value the business at about $1 billion, according to the report.
Read more »
How port authorities are shoring up Houston's $800B-a-year ship channel for the futureThe Houston Ship Channel brings around $800 billion in business a year, or about 20...
Read more »
The Time is Ripe for Communities to Embrace Clean Energy on BrownfieldsNew federal incentives can help communities repurpose brownfields into brightfields, high-value sites that support equitable, clean energy
Read more »
EU agrees to tax windfall oil and gas profits amid 'insane race' to tame energy crisis | CNN BusinessEU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some electricity generators as the cost of Europe's energy crisis spirals higher.
Read more »