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RWE bullish on U.S. market regardless of election outcome

Published by Uma Rajagopal

Posted on August 14, 2024

1 min read

· Last updated: January 29, 2026

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RWE CEO Markus Krebber discusses U.S. market growth amid elections - Global Banking & Finance Review
The image features RWE CEO Markus Krebber addressing reporters about the company's optimistic stance on U.S. market growth in clean technologies, irrespective of the election outcomes. This reflects RWE's strategic focus on renewable energy.
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FRANKFURT (Reuters) – 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. […]

FRANKFURT (Reuters) – 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.

(Reporting by Christoph Steitz, Vera Eckert and Tom Kaeckenhoff, editing by Thomas Seythal)

Frequently Asked Questions

What is renewable energy?
Renewable energy is energy derived from natural processes that are replenished constantly, such as solar, wind, and hydroelectric power. It is considered more sustainable compared to fossil fuels.
What is a minority stake?
A minority stake refers to owning less than 50% of a company's shares. This type of ownership typically does not provide control over the company's decisions but can still yield financial benefits.
What are clean technologies?
Clean technologies are products, services, or processes that use renewable materials and energy sources, reduce emissions and waste, and have a minimal environmental impact.

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