Innogy to halve as RWE retreats

Financially pressured German utility RWE will halve its staff at renewables unit RWE Innogy by 2016, and reduce the speed of the build-up of its renewable energy capacity, the company told Recharge.

RWE had entered the renewables business too late, admitted CEO Terium
RWE had entered the renewables business too late, admitted CEO Terium
Published 7 November 2013, 14:47Updated 26 September 2016, 14:04
Middle East & Africa