RWE Wins a 2021 S&P Platts Global Energy Award

NEW YORK, Dec. 10, 2021 /PRNewswire/ -- RWE was awarded the accolade of Award of Excellence: Upstream Transformation at the 23rd annual S&P Global Platts Global Energy Awards last night. The event often described as the "Oscars" of energy, was held virtually and in-person at the Cipriani Wall Street in downtown Manhattan.

The award recognizes and acknowledges the targets the company has set for itself. RWE went through one of the largest changes in the industrial energy sector, transforming into one of the globally leading renewable energy companies. RWE is living the energy transition with a global strategy of carbon-neutrality by 2040. This ambition is coupled with international growth and investment ambitions: expanding its powerful and green generation capacity to 50 gigawatts and investing €50 billion gross by 2030.

Silvia Ortín, CEO Wind Onshore and Photovoltaics of RWE Renewables commented: "It is truly an honor to have RWE's achievements recognized by this prestigious award. RWE is committed to a decarbonized future with a commitment to growth in renewable technologies. Renewable green growth and deployment across the United States will be essential to support industrial decarbonization and ambitious green targets that are being set across the globe. RWE will be a key partner to deliver green projects for successful communities and societies of the future."

The U.S. accounts for more than one third of the RWE Group's renewables capacity playing a key role in RWE's strategy to grow its renewables business and get to net zero by 2040. RWE constructs, owns and operates some of the highest performing solar, energy storage and wind projects in the U.S. The RWE group is currently executing more than 1 GWh of energy storage projects globally. For more information, go to www.americas.rwe.com.

For further enquiries:
Matt Tulis
Communications Manager
RWE Renewables
M +1 512 698 4043
E [email protected]

RWE Renewables

RWE is leading the way to a green energy world. With an extensive investment and growth strategy, the company will expand its powerful, green generation capacity to 50 gigawatts internationally by 2030. RWE is investing €50 billion gross for this purpose in this decade. The portfolio is based on offshore and onshore wind, solar, hydrogen, batteries, biomass and gas.

RWE Supply & Trading provides tailored energy solutions for large customers. RWE has locations in the attractive markets of Europe, North America and the Asia-Pacific region. The company is responsibly phasing out nuclear energy and coal. Government-mandated phaseout roadmaps have been defined for both of these energy sources. RWE employs around 19,000 people worldwide and has a clear target: to get to net zero by 2040. On its way there, the company has set itself ambitious targets for all activities that cause greenhouse gas emissions. The Science Based Targets initiative has confirmed that these emission reduction targets are in line with the Paris Agreement. Very much in the spirit of the company's purpose: Our energy for a sustainable life.

About S&P Global Platts
At S&P Global Platts, we provide the insights; you make better informed trading and business decisions with confidence. We're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping.

S&P Global Platts is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for companies, governments and individuals to make decisions with confidence.

SOURCE RWE Renewables

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