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RWE refocus

RWE has started the new year with a new setup in its generation business.

Its gas, hard coal, hydroelectric and biomass generation business is now within RWE Generation SE. Meanwhile Innogy has stressed “financial discipline” in a new year statement. The company, spun out from RWE, which still owns 78% of Innogy shares, has seen the unexpected departure of chief executive Peter Terium.

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