RWE’s management presented on 30 June 2016 the new profile of the company that will be created from the spin-off: Innogy. This will be a company focused on distribution networks (€13.3bn RAB), renewable energy (3.1GW installed) and retail (23m customers). The listing will start with 10% of Innogy via a primary offering expected in late 2016, while a further placement of Innogy may be possible via a secondary offer at the same or different time. Innogy will have a more stable earnin
01 Jul 2016
Interesting spin-off proposition and possibility for value creation: Innogy
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Interesting spin-off proposition and possibility for value creation: Innogy
RWE AG (RWE:WBO) | 0 0 1.2% | Mkt Cap: 9,772m
- Published:
01 Jul 2016 -
Author:
Juan Camilo Rodriguez -
Pages:
3
RWE’s management presented on 30 June 2016 the new profile of the company that will be created from the spin-off: Innogy. This will be a company focused on distribution networks (€13.3bn RAB), renewable energy (3.1GW installed) and retail (23m customers). The listing will start with 10% of Innogy via a primary offering expected in late 2016, while a further placement of Innogy may be possible via a secondary offer at the same or different time. Innogy will have a more stable earnin