RWE can expect 2 bln. euro in lignite compensation


German utility RWE can expect around 2 billion euro ($2.22 billion) in compensation over government orders to turn off lignite power stations with a capacity of 2.5 gigawatts by the end of 2022, government and industry sources said on Friday, according to Reuters.

RWE declined to comment.

German daily Rheinische Post had earlier reported the possible compensation payment, sending RWE shares to their highest level in more than five years.


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