Solid Start to 2025
RWE reported a solid start to 2025 with an adjusted EBITDA of €1.3 billion and adjusted net income of €500 million, despite weak wind conditions in Q1.
Successful Offshore Portfolio Optimization
RWE successfully sold a 49% equity stake in their North Sea cluster and Thor offshore projects at an attractive valuation, significantly reducing net cash investments by approximately €4 billion.
Progress in Construction Projects
Offshore wind projects Sofia in the UK and Thor in Denmark are on track, with significant milestones achieved, such as the installation of foundations and turbines.
Onshore Wind and Solar Achievements
RWE commissioned 500 megawatts of onshore wind and solar in Q1 2025, with more than 95% of offtake secured.
Battery Storage and Flexible Generation
RWE commissioned one of Germany's largest battery storage systems with a capacity of 220 megawatts, and 1.4 gigawatts of standalone batteries are under construction.
Guidance Confirmation
RWE confirmed its 2025 guidance for adjusted EBITDA between €4.55 billion and €5.15 billion and adjusted net income between €1.3 billion and €1.8 billion.