RWE and Peabody Partner to Develop Solar and Energy Storage Pipeline on Repurposed, Reclaimed Mine Lands [Yahoo! Finance]
RWE AG ORD S/ADR (RWEOY)
NASDAQ:AMEX Investor Relations:
rwe.com/web/cms/en/105818/rwe/investor-relations
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Source: Yahoo! Finance
Creates significant local jobs and regional economic benefits and potential energy production to power 850,000 homes RWE is acquiring majority interest in the R3 Renewables LLC ownership group AUSTIN, Texas and ST. LOUIS Nov. 21, 2024 /PRNewswire/ -- RWE, a leading renewable energy company, and Peabody (NYSE: BTU) today announced a new partnership to strategically advance renewable energy projects by repurposing reclaimed land previously used for mining. This innovative global partnership brings together RWE's expertise in developing and operating clean energy projects and Peabody's significant land resources, particularly in the Midwest, as well as its industry leading reclamation capabilities. RWE is acquiring a majority interest in the R3 Renewables LLC ownership group alongside founding partner Peabody. R3, a joint venture launched by Peabody, Summit Partners Credit Advisors ("SPCA") and Riverstone Credit Partners ("Riverstone"), repurposes land previously used for coal min
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