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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Rwe AG | TG:RWE | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.839999 | 2.49% | 34.62 | 34.49 | 34.74 | 34.74 | 33.78 | 33.82 | 431,091 | 22:50:02 |
From May 2023 to May 2024
By Cecilia Butini
RWE has agreed to sell its gas storage business in the Czech Republic to the country's state-owned power transmission operator CEPS for an equity value of 360 million euros ($391.1 million), it said Thursday.
The German energy company said it has decided to divest the Czech gas-storage business, named RWE Gas Storage CZ, but that it will retain the German one, since storage facilities in Germany can also be used to store hydrogen.
The sale of RWE Gas Storage CZ includes the entire workforce of the company, some 250 employees, RWE said.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
August 24, 2023 07:44 ET (11:44 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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