RWE soared in 2022, guides for a 2023 loss

The German utility gained tailwind on several items on their 2022 financial report despite lowering production volumes. Fossil capacity weighs heavy in the portfolio.
Photo: Wolfgang Rattay
Photo: Wolfgang Rattay

It might pay off having a portfolio stretching across varied technologies. That certainly seems the case for German RWE in the company’s 2022 financial report, published on Tuesday.

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