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Stock impact report

RWE Aktiengesellschaft: Transitioning For A Cleaner Company [Seeking Alpha]

RWE AG ORD S/ADR (RWEOY) 
Company Research Source: Seeking Alpha
RWE Aktiengesellschaft ( OTCPK:RWEOY Had you seen any of the headlines in the last few years concerning RWE, seeing it as a player in the renewable energy field may have seemed unlikely. For a while they have closed down coal power stations as both a cost-cutting measure and a way of transitioning to cleaner energy alternatives - notably the intended closure in March 2020 The climate activists do have some basis for their criticisms - RWE was labeled been ongoing since 2012 hold off on further action The issue around the intended clearing of Hambach Forest was given greater focus by the Swedish climate activist Greta Thunberg. Image provided by ITV Despite such criticisms, RWE's plans to move to renewable energy and become carbon neutral by 2040 the renewable concerns OTCPK:ENAKF OTCPK:EONGY OTCPK:INNYY the third-largest renewable energy provider In becoming the third-largest renewable energy provider in Europe, RWE's share price soared 43% to a high of $31.45 in September. Chart prov Show less Read more
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