The reinstatement of the Capacity Market, coupled with better than expected performance, has caused RWE to upgrade its full-year guidance by nearly 30%.
International utility Iberdrola has posted a 20% surge in net profit for the first nine months of 2019, which the company has squared with its “record” investment into renewables and networks.
International utility Iberdrola has upgraded its net profit expectations for 2019 after multi-billion-euro investments in renewables and networks drove the company forward.
E.On has posted a 10% rise in half-year earnings, bolstered by strong performance from its core business units as its acquisition of innogy appears in the horizon.
Innogy is doubling down on its vision for growth in decentralised generation and new grid infrastructure as it prepares to “rigorously implement” its new strategy.
