FRANKFURT – RWE remains bullish on the U.S. market, saying the outcome of upcoming presidential elections would not affect the market’s expansion of clean technologies.
“Regardless of the outcome, I am convinced that the expansion of renewables there will continue at a fast pace,” CEO Markus Krebber told reporters after presenting first-half results.
Krebber declined to comment on a recent report saying RWE was interested in buying a minority stake in U.S. utility Calpine.
(Source: Reuters)
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.
