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Home » Finance » RWE Sees Decline in Offshore Wind Earnings as Weather and Prices Weigh on Q1 Results
Finance

RWE Sees Decline in Offshore Wind Earnings as Weather and Prices Weigh on Q1 Results

By Daniel BakerMay 15, 20252 Mins Read
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Credit:RWE
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German utility RWE reported a drop in first-quarter earnings from its offshore wind operations, citing weaker wind conditions and lower electricity forward prices, while gains in its onshore wind and solar segment helped offset the decline. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for RWE’s offshore wind division fell to €380 million in

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Previous ArticleSif Opens Expanded Monopile Factory in Rotterdam to Support Offshore Wind Demand
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