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RWE unable to pay out dividends

February 24, 2017

In 2016,the Germany-based utility recorded a net loss and booked impairments worth €4.3 billion. As reported by Bloomberg, during the past 3 years, Germany's largest utilities had to write down over €30 billion worth of assets. Difficulties arose due to declining electricity prices and a surge of renewables for which some utilities did not prepare well.

 

Source: Bloomberg

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