RWE eyes options for Denizli plant

Dunya Executive - - OVERVIEW -

German utility company RWE is assessing options for its business, including potential corporate tie-ups and sales of stakes in its network and renewable energy unit, Innogy, its chief executive told journalists on Tuesday. “We are examining all strategic options our company is faced with,” Rolf Martin Schmitz said, adding the company was in touch with market participants. Schmitz said RWE is also looking at options for a 775 megawatt gas-fired plant in Denizli in southwestern Turkey. RWE owns 70 percent of the plant while Turkish energy firm Turcas owns the rest.

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