“We
had
to
reduce
our
investments
in
renewables,
in
offshore
wind
but
also
other
areas,
as
simply
we
don’t
have
the
money,”
Terium
told
a
conference
on
renewable
energy
in
Berlin.
He
added
that
the
German
group
can’t
afford
its
original
plans
for
a
build-up
of
renewable
generation
capacity
any
longer.
After
servicing
debts
and
meeting
operational
costs,
RWE
now
has
somewhere
between
€1bn
and
€1.5bn
available,
which
is
less
than
previously,
Terium
said.
“We
need
to
decide
and
spend
the
money
where
we
get
the
safest
return,”
he
said.
“And
if…