RWE said a worseningframework for renewables in Spain was “the main reason” for a 2% drop in operatingprofits at Innogy to €82m($105.6m) in the first three months of 2013, compared to the same period last year.

The German group feltthe effect of the Spanish measures at its wind generation assets there, and onits minority stake in the Andasol 3 solar-thermal plant.

The