RWE to sell F.E.W. Baltic II wind project to PGE [Yahoo! Finance]
American Electric Power Company, Inc. (AEP)
Last american electric power company, inc. earnings: 2/20 06:57 am
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Source: Yahoo! Finance
The wind farm is set be located about 50km off the coast, north of Ustka, in the Baltic Sea. The transaction is expected to be completed in the first quarter (Q1) of 2026. As part of the transaction process, RWE and PGE have already finalised the transfer to PGE of the environmental permit and related data for the neighbouring offshore wind area 44.E.1. The company currently runs onshore wind and solar installations in Poland with a total capacity exceeding 660MW. RWE offshore wind chief executive officer Sven Utermöhlen said: “We are convinced that, in synergy with their other portfolio, PGE is better positioned to realise this project than RWE would be on a standalone basis. However, our target to further grow our offshore wind portfolio remains unchanged. “We are currently building four large-scale offshore wind farms in four European countries and have several further offshore projects under development.” RWE currently operates 19 offshore wind farms in five countries
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AEP
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- 10/29/25 - Miss
AEP
Sec Filings
- 12/19/25 - Form 8-K
- 12/15/25 - Form 4
- 12/12/25 - Form 144
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