RWE CEO Could Double US Projects With More Policy Certainty

Markus Krebber

Photographer: Alex Kraus/Bloomberg

German energy company RWE AG said it could double its planned investment projects in the US, if there was greater policy certainty.

RWE is one of the biggest renewable energy companies in the US since completing its acquisition of Con Edison in 2023. Two months ago, the firm said it would cut €10 billion ($11.4 billion) from its planned investment in green technologies by the end of the decade as projects face higher risks, particularly in the US. The company is currently building 5 gigawatts of capacity in the US.