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Description
RWE AG is a German multinational energy company headquartered in Essen, specializing in the generation, trading, and supply of electricity from both renewable and conventional sources. Founded in 1898 as Rheinisch-Westfälisches Elektrizitätswerk Aktiengesellschaft, it has evolved into a global leader in renewables, particularly offshore wind, onshore wind, solar, hydro, biomass, and gas, while managing legacy operations in lignite mining, coal, and nuclear power. The company operates through key segments including Offshore Wind, Onshore Wind and Solar, Hydro/Biomass/Gas, Supply & Trading, and Phaseout Technologies, serving markets in Europe, the United States, Asia-Pacific, and beyond. With approximately 20,000 employees, RWE AG plays a pivotal role in the energy transition, investing heavily in storage solutions, hydrogen technology, and grid stability to achieve climate neutrality by 2040. Its diverse portfolio balances flexible power generation with expanding green energy capacities, supporting secure and sustainable electricity supply for commercial, industrial, and municipal customers worldwide.
About
CEO
Dr. Markus Krebber Ph.D.
Employees
19345
Address
RWE Platz 1
11 Bermudiana Road
Essen, 45141, MI
Germany
11 Bermudiana Road
Essen, 45141, MI
Germany
Phone
49 201 5179 0
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Diversified
Country
Germany
MIC code
XDUS