E.ON Climate & Renewables’ chief executive Anja-Isabel Dotzenrath has been nominated to become CEO of the company resulting from the merger of the renewable generation businesses of E.ON and RWE renewables subsidiary Innogy under the roof of a new RWE.

The new company will have about €1.5bn ($1.7bn) per year available for investment, and an initial portfolio of 8.6GW in net owned onshore and offshore wind, and solar capacity, RWE said. The joint capacity may actually be greater - more than 10GW - once projects currently under construction will be counted in, Dotzenrath told Recharge in a recent interview.