Large Contracted Offshore Pipeline (CfDs)Securing 6.9 GW of 20‑year, inflation‑indexed CfDs materially increases long‑term revenue visibility for RWE’s offshore portfolio. Long-duration contracts reduce merchant exposure, support project finance and de‑risk cash flows as assets move from construction to operation.
Improving Leverage And Balance‑sheet SupportLeverage metrics have meaningfully improved versus prior years, indicating a more constructive capital structure for a utility. Combined with recent equity injections and planned net debt reduction, this strengthens financial flexibility for capex, contracting and dividend policy over the medium term.
Diversified Cash Generation And Operating Cash FlowConsistently positive operating cash flow, supported by diversified earnings across offshore, onshore/solar and flexible generation, underpins RWE’s ability to fund ongoing construction and trading activities. Stable OCF cushions volatility and supports medium‑term execution of growth projects.