The RWE Group is one of the leading suppliers of electricity and gas in Europe. Through its companies – including Innogy – it covers all stages of the energy value chain, running the gamut from lignite production and electricity generation from gas, coal, nuclear and renewables, to energy trading and the operation of distribution networks as well as the supply of electricity, gas and innovative energy solutions. In fiscal 2017, the Group recorded revenue of €44.6 billion. The Group’s major markets are Germany, the United Kingdom, the Benelux region and Eastern Europe. In electricity generation from renewables, its regional footprint is larger, including countries such as Spain and Italy, and in the future the USA.
E.ON and RWE agreed that RWE will transfer its entire stake of 76.8 percent in innogy to E.ON via a far-reaching exchange of assets and businesses.
Further information about the transaction can be found here