RWE Spins-Off 'innogy' in $22 Billion Listing

GALWAY, IRELAND--October 17, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Germany saw its biggest public listing in 16 years as utility RWE AG (FWB:RWE) (Essen, Germany) spun off its more profitable power businesses as a new business entity, innogy.

Within this article: Details IPO of RWE's new spin-off power business and its expansion plans, starting with the U.S.