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12/19/08

Easy Bourse: Alternative Energy : RWE Plans To Invest EUR2.8 Billion In Offshore Wind Park


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Alternative Energy : RWE Plans To Invest EUR2.8 Billion In Offshore Wind Park

Germany's RWE AG's (RWE.XE) RWE Innogy Friday said it has acquired the project company ENOVA Energieanlagen GmbH, which is part of the ENOVA Group. This acquisition includes the rights to the offshore wind project North Sea Windpower 3 (NSWP3). The total investment for the project is around EUR2.8 billion. Following the acquisition, the wind farm will be renamed Innogy Nordsee

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