|Bid||39.65 x 410300|
|Ask||39.67 x 177800|
|Day's range||39.38 - 39.84|
|52-week range||31.55 - 43.55|
|Beta (5Y monthly)||0.66|
|PE ratio (TTM)||6.69|
|Earnings date||14 Nov 2023|
|Forward dividend & yield||1.00 (2.52%)|
|Ex-dividend date||06 May 2024|
|1y target est||50.30|
DUBAI/LONDON (Reuters) -Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday. The announcement came after British Prime Minister Rishi Sunak said at the COP climate conference in Dubai earlier on Friday that the two companies had committed to invest up to 11 billion pounds ($13.9 billion) in the project. Britain, which is already the world’s second largest offshore wind market after China, is seeking to ramp up its capacity to 50 gigawatts (GW) by 2030 from around 14 GW now, to help meet its climate targets and boost energy security.
** Online luxury retailer Farfetch's founder José Neves is looking to take the company private after a troubled New York Stock Exchange listing, the Telegraph reported on Tuesday. ** RWE is open to talks about a potential divestment of its 25.1% stake in high-voltage transmission grid operator Amprion, its finance chief said on Tuesday, adding there was no need to take action as the group was satisfied with its investment. ** Hospital and pharmacy operator Aster DM Healthcare said it would sell its stake in its Gulf business to Alpha GCC Holdings for $1.01 billion as it looks to separate its businesses in India and the Middle East.
FRANKFURT/DUESSELDORF (Reuters) -Germany's biggest power producer RWE will raise investment in green energy technologies to 55 billion euros ($60 billion) over the next seven years, it said on Tuesday, seeking to become one of the world's largest renewables groups. RWE struck a different tone to its larger rival Enel, which last week took a more cautious stance on renewables projects in the wake of inflation and supply chain issues that have gripped the sector. None of RWE's offshore wind projects are facing economic difficulties, Chief Executive Markus Krebber said at the group's capital markets day, in a comment aimed at addressing investor concerns after related writedowns by BP, Orsted and Equinor.