RWE sees Innogy Ebitda of €4.1-€4.4bn in 2016

German utility RWE in an earnings outlook ahead of the planned IPO of its grids, retail and renewables unit Innogy expects the subsidiary to generate earnings before interest, taxes, depreciation and amortisation (Ebitda) of €4.1bn to €4.4bn ($4.58bn-$4.91bn) in 2016.