As reported first last week by Recharge, future core shareholders of the new DII include Saudi Arabia's ACWA Power, German utility RWE and Chinese state grid company SGCC, DII said after a meeting of shareholders in Rome.

Fellow shareholder Munich Re told Recharge it will discontinue its participation in DII. ABB said it is "verifying its future cooperation" with DII.

DII chief executive Paul van Son during a conference call today couldn't tell whether the Swiss power technology group will also exit, but said he hadn't heard that it will remain part of DII either.

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