“A second chance for E.ON and RWE”
Frankfurter Allgemeine Zeitung
Major German utilities E.ON and RWE, both highly indebted and struggling to adapt to the new energy environment, could see a positive turnaround, according to an article in Frankfurter Allgemeine Zeitung (FAZ). Future growth could be spurred by rising wholesale energy prices and a possible surge in energy demand, the newspaper says, citing analysis by Metzler Bank. In this case, creating subsidiaries Uniper and innogy would prove strategically sound, giving the utilities “a second chance” to benefit from Germany’s energy transition, a Metzler analyst told the paper.
Read more on the challenges of the Energiewende for Germany’s major energy providers in the CLEW dossier Utilities and the energy transition.
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