RWE

Under a U.S. settlement to abandon offshore wind leases, RWE will receive $1.2 billion and is allocating about $900 million to buy a stake in the Louisiana LNG project from a private equity fund run by Michael Dorrell, a major donor to Donald Trump. Lawmakers and advocacy groups say the transaction raises conflict-of-interest and taxpayer-waste concerns because the settlement required investments in oil, gas or nuclear but did not specify recipients. RWE and U.S. officials say the company chose the investment independently and that the agreement defines only that funds be spent on conventional energy; congressional probes and lawsuits seek to recover or review the payouts. » Altro su yahoo.com

Moody's has confirmed RWE's investment-grade rating at 'Baa2' with a stable outlook. The agency expects that RWE, despite a massive investment program through 2031, will maintain a financing profile consistent with the rating and highlights the company's prudent financial management in the past. RWE shares traded on XETRA were at times about 0.98% higher at around €57.90. » Altro su finanzen.net

Moody's has confirmed RWE's investment-grade rating at Baa2 with a stable outlook. The agency expects that, despite its massive investment programme through 2031, RWE can maintain a financing profile consistent with the credit rating and praises its prudent financial management. » Altro su finanzen.net