RWE expands U.S. development portfolio with new project acquisitions across three states

AUSTIN, May 20, 2024 (GLOBE NEWSWIRE) — RWE Clean Energy continues to bolster its renewables development pipeline in the U.S., adding 599 megawatts (MW) of solar and energy storage projects acquired from Galehead Development, LLC (Galehead), an experienced greenfield development platform for wind, solar and storage projects. The moveAs one of the world’s leading companies in the field of renewable energies, RWE is driving forward the expansion of its renewables activities. The U.S. plays a key role in RWE’s Growing Green strategy to significantly expand its global green technology capacity to more than 65 GW by 2030, and will comprise 30% of the company’s global green portfolio by the end of the decade.Senior Manager, Media & PR
RWE Clean Energy
M +1 619-753-5206
E [email protected]RWE is a top tier renewable energy company in the United States. With more than 15 years in the U.S. renewables business, the company has an outstanding track record in developing, constructing, and operating renewable energy facilities. The approximately 2,000-person RWE team in the U.S. is fully committed to forging ahead with the clean energy transition in North America. Together with our partners, we develop innovative solutions and drive technological progress for our customers to help re-shape the energy supply for future generations. RWE Clean Energy, a subsidiary of RWE AG, operates a renewable energy portfolio of about 9 gigawatts (GW) installed capacity of onshore wind, solar, and battery storage, making it the number four renewable energy company in the U.S. and the country’s second largest solar owner and operator, present in most U.S. states. RWE Offshore Wind Holdings, a subsidiary of RWE Offshore Wind, is also developing offshore wind on both the east and west coasts of the U.S., including the company’s first commercial scale floating wind project. As part of the RWE Group’s Growing Green strategy to expand globally its green portfolio to more than 65 GW of installed capacity and to invest EUR 55 billion worldwide from 2024 to 2030, the company has earmarked about EUR 20 billion to significantly increase its operating asset base in the U.S. This is backed by a project pipeline of 36 GW in onshore wind, solar and battery storage and 6 GW of offshore wind, which provides for one of the largest development platforms in the U.S.
(GlobeNewsWire)