German energy company RWE has signed an agreement with Con Edison to acquire all the shares for $6.8bn.

Based in Valhalla, New York, Con Edison CEB operates and develops renewable energy facilities in the US.

The company has around 3GW of operating capacity, with solar projects comprising 90% of this.

The deal is expected to double RWE’s renewable portfolio in the country to more than 7GW

The deal is expected to double RWE’s renewable portfolio in the country to more than 7GW

It will also increase the German company’s US project pipeline to more than 24GW

The deal is expected to double RWE’s renewable portfolio in the country to more than 7GW

It will also increase the German company’s US project pipeline to more than 24GW

RWE and Con Edison have agreed on a purchase price based on a $6.8bn enterprise value

The deal is expected to double RWE’s renewable portfolio in the country to more than 7GW

It will also increase the German company’s US project pipeline to more than 24GW

RWE and Con Edison have agreed on a purchase price based on a $6.8bn enterprise value

In August this year, RWE also acquired Alpha Solar, a Polish solar project developer 

The deal is expected to double RWE’s renewable portfolio in the country to more than 7GW

It will also increase the German company’s US project pipeline to more than 24GW

RWE and Con Edison have agreed on a purchase price based on a $6.8bn enterprise value

In August this year, RWE also acquired Alpha Solar, a Polish solar project developer 

RWE had already allocated up to EUR 15 billion gross for investment in the US

The deal is expected to double RWE’s renewable portfolio in the country to more than 7GW

It will also increase the German company’s US project pipeline to more than 24GW

RWE and Con Edison have agreed on a purchase price based on a $6.8bn enterprise value

In August this year, RWE also acquired Alpha Solar, a Polish solar project developer 

RWE had already allocated up to EUR 15 billion gross for investment in the US