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Home » News » Solar » RWE Acquires Majority Stake in Peabody’s R3 Renewables for Solar and Storage Projects
Energy Storage

RWE Acquires Majority Stake in Peabody’s R3 Renewables for Solar and Storage Projects

By Alexander FosterNovember 24, 20241 Min Read
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Credit: RWE AG
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German energy company RWE AG has acquired a majority stake in R3 Renewables LLC, a joint venture with U.S. coal miner Peabody Energy, focused on developing 5.5 GW of solar and energy storage projects on reclaimed mining land. Peabody will retain a 25% stake in the venture. The deal also involves RWE purchasing the shares

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Energy Storage Illinois Indiana Peabody Renewable energy RWE AG Solar
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Previous ArticleNational Grid Renewables Secures 150-MW Solar PPA with Illinois Municipal Electric Agency
Next Article Pivot Energy Secures $450 Million in Financing for 300 MW Solar Projects

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