German Energy Company Buys Con Edison Renewable Energy Assets for $6.8B
- Last Updated on October 3, 2022
- Decarbonization
- Digitalization
- Innovation
- Renewables
A German multinational energy company is making a major investment in American green energy. According to Fortune, RWE AG, based in Essen, has agreed to pay $6.8 billion for Consolidated Edison Inc.’s renewable energy assets, one of the biggest-ever green deals in the US. The deal is sparking criticism, that Germany’s largest utility should be focusing instead
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