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Nuke shutdown could force energy asset sale
Published: 24 Dec 11 09:51 CET
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German energy giant RWE has put its assets in Egypt up for sale in a bid to raise about one billion dollars to counter Germany's impending nuclear power shutdown.
RWE abandons Gazprom joint venture talks (22 Dec 11)
Energy firm EnBW sells Polish assets (21 Dec 11)
Wind energy leaders eye US expansion (14 Dec 11)
The assets are shares in two undeveloped oil and gas fields belonging to its subsidiary Dea, sources close to the matter told the Dow Jones newswire.
A RWE spokeswoman, asked by AFP, declined to comment but highlighted the Dea unit was on the group's list of potential sell-offs.
The energy supplier is in need of fresh cash because earnings are being hit by a decision by Germany to phase out nuclear power and a generally difficult market environment.
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Merry Christmas from the band from Mars !!!!!~
John Lennon - Happy Xmas - (War is over) - Subtitulos Español
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"Happy Xmas (War is Over)" es una canción del músico británico John Lennon grabada en los Record Plant Studios de Nueva York a finales de octubre de 1971 y p...
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