Your settings for cookies and pixels on group.rwe

Select which cookies and pixels we are allowed to use. Please note that some cookies are necessary for technical reasons and must be enabled in order to maintain the functionality of our website. If you would like to benefit from every service on our website, please consider that you need to choose every cookie category. For more information, please refer to our Privacy Policy.

    • Maintain the stability of the website.
    • Save your log-in data.
    • Allow to improve the user experience.
    • They provide advertisements that are relevant to your interests.
    • They allow you to share interesting content directly with your social media network.

You can change your cookie and pixel settings on group.rwe at any time via our data privacy.

Imprint

Show Details
Select all Confirm selection

To integrate the renewables business, RWE renews and increases syndicated credit line

Essen, 17 April 2019

  • New credit line amounts to €5 billion
  • Partner is a consortium of 27 international banks

 

In preparation of the acquisition of the renewables activities of E.ON and innogy, RWE signed a new €5 billion credit agreement on 17 April 2019. The syndicated credit line replaces the existing €3 billion agreement and secures the Group’s liquidity.

The new line consists of two tranches, with terms of two and five years. They can be prolonged for one and two years, respectively. The credit line is being provided by 27 international banks and was substantially oversubscribed.

Markus Krebber, CFO of RWE AG, emphasises, “The early refinancing of the existing credit line gives us long-term financial flexibility and will enable the smooth integration of the renewables operations of innogy and E.ON. The great feedback from our partner banks is proof of the trust in our business strategy of turning RWE into a leading renewable energy provider.”