Engie, RWE profit to plunge by hundreds of millions on Texas cold spell

Engie sees up to $147m lower operating profits through impact on renewables and supply activities in 2021 while RWE speaks of a negative effect of hundreds of millions of euros on pricing effects

A very frozen ceiling fan in Dallas, Texas, earlier this month
A very frozen ceiling fan in Dallas, Texas, earlier this monthFoto: Thomas Black/Twitter
Published 26 February 2021, 09:54Updated 26 February 2021, 09:54
AmericasPolicyRWEENGIE