German energy giant focused on power generation and renewables
RWE has relinquished its offshore wind leases in the US after a settlement with the Trump administration. The company will reinvest about $1.2 billion into a Louisiana LNG terminal and 15 natural gas peaker plants, while winding down projects on New York, California and Louisiana coasts. The move follows a pattern of government buybacks of offshore wind leases.
Jellyfish have affected at least three reactors at France's nuclear site, triggering disruptions and labor action as workers are set to strike at a separate Chinon plant. The disturbances add to uncertainty over the fleet’s availability and push month-ahead contracts to their highest since last January.
A 48-year-old man is arrested near the Weisweiler power plant in North Rhine-Westphalia with explosives, amid a string of sabotage incidents across eastern and western Germany targeting high-voltage infrastructure. Investigators are examining letters claiming responsibility and explosive devices found at multiple sites.
ADGM reports a near 14,000 active licenses by June, with assets under management up 54% year over year. Separately, Parpública has submitted its assessment after binding bids from two airlines, with the presidency negotiating to reflect their close value.