Major Slice of RWE's $47 Billion Power Investment Going International

JOHANNESBURG--April 24, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Germany's power utility RWE AG (Essen, Germany) is planning to invest $47 billion through 2013 with the majority going into expanding its international project base and the remainder to increase the efficiency of plants in Germany, where the company's main focus will remain. Cartel legislation restricts project growth opportunities in Germany, and RWE will conduct a cost-cutting plan in the country with a target of cuts amounting to $942 million by the end of 2008.