# RWE

> German multinational energy company

**Wikidata**: [Q138133](https://www.wikidata.org/wiki/Q138133)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/RWE)  
**Source**: https://4ort.xyz/entity/rwe

## Summary
RWE is a German multinational energy company founded in 1898 that operates as one of the largest utilities in Europe, headquartered in Essen, Germany. The company is listed on the Frankfurt Stock Exchange as part of the DAX index and engages in electricity generation, renewable energy, and energy supply services.

## Key Facts
- Founded on April 25, 1898, as Rhenish-Westphalian Power Plant
- Headquarters located in Essen, Germany at the RWE Tower
- Listed on Frankfurt Stock Exchange (stock symbol: RWE.DE) as part of the DAX index
- Revenue of €24.526 billion (2022) and €13.398 billion (2021)
- Employs approximately 19,792 people globally
- CEO positions held by multiple executives including Jürgen Großmann, Rolf Martin Schmitz, and currently Mark Spieker
- Industry classification includes energy supply, electric power industry, and renewable energy
- Parent organization is RWE Aktiengesellschaft
- Subsidiaries include DEA AG, Innogy, and various renewable energy companies
- Net profit of €1.569 billion
- Stock exchange: Frankfurt Stock Exchange
- Member of numerous industry associations and sustainability organizations
- Product offerings include electricity, gas, and renewable energy solutions
- Corporate structure includes multiple divisions across conventional and renewable energy
- Awards received include various sustainability and corporate responsibility recognitions

## FAQs
**What is RWE's primary business and industry focus?**
RWE operates as a multinational energy company focusing on electricity generation, renewable energy, and energy supply services. The company operates in the energy supply and electric power industry sectors, providing both conventional and renewable energy solutions across multiple countries.

**Where is RWE headquartered and what is its corporate structure?**
RWE is headquartered in Essen, Germany, specifically located at the RWE Tower. The company operates as RWE Aktiengesellschaft with multiple subsidiaries including DEA AG, Innogy, and various renewable energy companies that serve different market segments.

**What are RWE's financial metrics and market position?**
RWE reported revenues of €24.526 billion in 2022 and €13.398 billion in 2021, with a net profit of €1.569 billion. The company employs approximately 19,792 people globally and is listed on the Frankfurt Stock Exchange as part of the DAX index.

**What subsidiaries and related companies does RWE operate?**
RWE owns multiple subsidiaries including DEA AG (founded 1899-1911), Innogy (formed 2016), and various renewable energy companies. The company also operates energy infrastructure including power plants like Neurath Power Station and renewable projects like Rampion Wind Farm.

**What international markets does RWE serve?**
RWE operates in multiple countries including Germany, United Kingdom, Netherlands, Sweden, Ireland, Poland, Spain, United States, Mexico, Japan, South Korea, Singapore, Indonesia, India, and China, serving customers across Europe, Asia, and North America.

## Why It Matters
RWE matters as one of Europe's largest energy companies, playing a crucial role in the continent's energy supply and transition toward renewable sources. The company's operations span conventional power generation through lignite-fired plants like Neurath Power Station to renewable energy projects including offshore wind farms such as Rampion Wind Farm and Alpha Ventus Offshore Wind Farm. As Germany's energy landscape transforms, RWE's strategic decisions impact energy security, pricing, and the pace of renewable adoption across multiple countries. The company's financial performance and strategic direction influence the broader European energy market, affecting everything from electricity prices to employment in energy-intensive regions. Additionally, RWE's commitment to renewable energy and sustainability initiatives positions it as a key player in meeting European Union climate targets and the global transition away from fossil fuels.

## Notable For
- Operating as one of Germany's largest utility companies with significant market share in electricity generation
- Managing major energy infrastructure including the Neurath Power Station, a large lignite-fired power plant
- Developing offshore wind projects such as Rampion Wind Farm off the Sussex coast and Alpha Ventus Offshore Wind Farm in the North Sea
- Successfully spinning off Innogy as a separate energy company in 2016, focusing on grid operations and retail energy
- Maintaining operations across multiple countries including Germany, UK, Netherlands, and other European markets
- Being listed on the prestigious DAX index of major German companies traded on the Frankfurt Stock Exchange
- Operating the RWE Tower in Essen as a recognizable corporate headquarters landmark
- Managing significant renewable energy portfolios including wind farms in multiple countries
- Successfully navigating the transition from conventional to renewable energy sources
- Employing nearly 20,000 people across its global operations
- Generating substantial revenue exceeding €24 billion annually

## Body
### History and Formation
RWE was founded on April 25, 1898, initially established as Rhenish-Westphalian Power Plant, reflecting its origins in the Rhineland and Westphalia regions of Germany. The company's formation location was in Essen, Germany, which remains its headquarters today. The company has operated for over 125 years, evolving from early power generation to become one of Europe's largest energy companies. The company's name reflects its regional origins in the Rhineland and Westphalia areas of Germany, and it has grown from a regional utility to a multinational corporation.

### Corporate Structure and Leadership
RWE operates as RWE Aktiengesellschaft with a complex corporate structure that includes multiple subsidiaries and divisions. The company has been led by various CEOs including Jürgen Großmann, Rolf Martin Schmitz, and currently Mark Spieker. The corporate hierarchy includes parent organization RWE Aktiengesellschaft with subsidiaries such as DEA AG, Innogy, and various renewable energy companies. The company's stock is traded on the Frankfurt Stock Exchange under the ticker symbol RWE.DE and is part of the DAX index of major German companies.

### Operations and Industry Focus
RWE operates primarily in the energy supply and electric power industry sectors, with operations spanning electricity generation, renewable energy, and energy supply services. The company's industry classification includes energy supply, electric power industry, and renewable energy. RWE's operations encompass conventional power generation through facilities like the Neurath Power Station, a lignite-fired power plant, as well as renewable energy projects including offshore wind farms. The company has been transitioning its portfolio toward renewable energy sources while maintaining conventional generation capacity.

### Subsidiaries and Related Entities
RWE owns multiple subsidiaries that operate across different segments of the energy market. DEA AG, founded between 1899-1911, operates as an energy company within the RWE group. Innogy was formed in 2016 as a separate entity focusing on grid operations and retail energy services. The company also operates various renewable energy subsidiaries and manages energy infrastructure projects including nuclear power plants like Biblis Nuclear Power Plant and Gundremmingen Nuclear Power Plant.

### Energy Infrastructure and Projects
RWE manages significant energy infrastructure across multiple countries. The Neurath Power Station represents one of the company's major conventional power generation facilities, operating as a lignite-fired power plant in Germany. Renewable energy projects include the Rampion Wind Farm off the Sussex coast in the United Kingdom, the Alpha Ventus Offshore Wind Farm in the German North Sea, and the Amrumbank West offshore wind farm. The company also operates international projects such as the Triton Knoll Wind Farm in the UK and the Roscoe Wind Farm in Texas, USA.

### Geographic Operations and Markets
RWE operates across multiple countries including Germany, United Kingdom, Netherlands, Sweden, Ireland, Poland, Spain, United States, Mexico, Japan, South Korea, Singapore, Indonesia, India, and China. The company's international presence reflects its multinational status and diversification strategy. Operations span from conventional power generation in Germany to renewable energy projects across Europe and North America. The company's market presence includes both energy generation and retail supply services across these diverse markets.

### Financial Performance and Metrics
RWE reported revenues of €24.526 billion in 2022 and €13.398 billion in 2021, demonstrating significant financial scale. The company achieved a net profit of €1.569 billion, reflecting profitability despite market challenges in the energy sector. Employment figures show approximately 19,792 people employed globally, indicating substantial workforce commitment. The company's financial performance influences the broader European energy market and affects stakeholders across multiple countries.

### Stock Exchange and Market Position
RWE is listed on the Frankfurt Stock Exchange and is part of the DAX index, which tracks the 40 major German companies trading on the exchange. The company's stock symbol is RWE.DE, and its inclusion in the DAX reflects its significance as one of Germany's largest publicly traded companies. The stock exchange listing provides liquidity for investors and enables the company to raise capital for expansion and operations. The DAX inclusion indicates RWE's importance to the German economy and financial markets.

### Sustainability and Environmental Impact
RWE has been transitioning its portfolio toward renewable energy sources while managing conventional generation assets. The company operates both conventional power plants using lignite and renewable energy projects including offshore wind farms. Environmental considerations include emissions from conventional generation facilities and the company's commitment to reducing carbon intensity. The transition to renewable energy reflects broader European Union climate targets and the global shift toward sustainable energy sources.

### Industry Associations and Partnerships
RWE is a member of numerous industry associations and sustainability organizations, reflecting its engagement with the broader energy sector. The company participates in various industry groups focused on energy transition, sustainability, and corporate responsibility. Partnerships extend to international collaborations on renewable energy projects and technology development. The company's membership in various organizations indicates its commitment to industry standards and best practices.

### Notable Personnel and Leadership
RWE has been led by various notable executives including Jürgen Großmann, Rolf Martin Schmitz, and currently Mark Spieker serving as CEO. The company's leadership team includes individuals with backgrounds in energy, engineering, and business management. Personnel connections include German managers and politicians such as Werner Müller and Hartmut Mehdorn, who have held significant positions within the company or related organizations. The leadership team's expertise spans conventional and renewable energy sectors, reflecting the company's operational diversity.

## References

1. [Source](https://www.rwe.com/en/the-group/organisational-structure/rwe-ag)
2. [Source](https://www.lobbyfacts.eu/datacard/rwe-ag?rid=77608353460-77)
3. [Source](https://www.merzig-wadern.de/media/custom/2875_6145_1.PDF?1617008472)
4. [Source](https://www.rbk-direkt.de/beteiligungsbericht-2019.pdfx)
5. [Source](https://eservice2.gkd-re.de/bsointer140/DokumentServlet?dokumentenname=140l10072.pdf)
6. [Source](https://www.kreis-mettmann.de/media/custom/2023_7108_1.PDF?1592912129)
7. [Source](https://www.kreis-altenkirchen.de/media/custom/2154_774_1.PDF?1418023419)
8. [Source](https://www.kreis-euskirchen.de/kreishaus/downloads/finanzen/Beteiligungsbericht_2018_Band_4_Haushalt_2020.pdf)
9. [Source](https://kreis-borken.de/fileadmin/kbor/Kreisverwaltung/Finanzen/Gesamtabschluesse/KREIS_BORKEN_-_Beteiligungsbericht_2019.pdf)
10. [Source](https://www.sassenberg.de/de/rathaus/rathaus-online/Finanzen/Beteiligungsberichte/Beteiligungsbericht_zum_31.12.2017.pdf)
11. [Source](https://ris.essen.de/sdnetrim/UGhVM0hpd2NXNFdFcExjZbqGeBohDjbVbJazceTgn1uClIQXcH5g3AGZPr6CZDnF/Beteiligungsbericht_2018.pdf)
12. [Source](https://www.remscheid.de/politik-verwaltung/finanzen/medien-pool/1.20_Beteiligungsbericht-2019.pdf)
13. [Source](https://www.rwe.com/en/imprint)
14. [Source](https://netzwerkrecherche.org/stipendien-preise/verschlossene-auster/verschlossene-auster-2011-fuer-rwe-enbw-vattenfall-und-eon/)
15. [Source](https://www.rwe.com/en/investor-relations/corporate-governance/management-board-and-supervisory-board/dr-markus-krebber)
16. GRID Release 2017-01-10
17. BnF authorities
18. 20th Century Press Archives
19. [RWE AG St. Frankfurt Stock Exchange](https://www.boerse-frankfurt.de/equity/rwe-ag-st/company-details)
20. [Source](https://www.iccgermany.de/mitglieder/)
21. [Source](https://bwo-offshorewind.de/mitglieder/)
22. Bundestag Lobby Register
23. [Source](https://chefinnensache.de/ueber-uns/mitglieder/rwe-aktiengesellschaft/)
24. Freebase Data Dumps. 2013
25. Czech National Authority Database
26. [Source](https://www.rwe.com/en/)
27. [Source](https://en.wikipedia.org/wiki/RWE)
28. [Source](https://www.rwe.com/en/investor-relations/rwe-share/key-data)
29. [Source](https://www.rwe.com/-/media/RWE/documents/05-investor-relations/online-report/business-performance-2021.pdf)
30. [Source](https://www.rwe.com/-/media/RWE/documents/05-investor-relations/finanzkalendar-und-veroeffentlichungen/2020-Q4/2021-03-16-rwe-annual-report-2020.pdf?sc_lang=en)
31. [Source](https://www.boerse-frankfurt.de/aktie/rwe-ag-st/kennzahlen)
32. [Source](https://www.rwe.com/en/the-group/profile-and-strategy)
33. [Source](https://www.rwe.com/web/cms/de/37110/rwe/presse-news/pressemitteilungen/?pmid=4006769)
34. [Source](https://www.boursorama.com/cours/1zRWE/)
35. GRID Release 2015-12-14
36. GRID Release 2016-12-06
37. Aligned ISNI and Ringgold identifiers for institutions
38. [Source](https://www.iana.org/assignments/enterprise-numbers/enterprise-numbers)
39. [Source](https://www.rwe.com/en/investor-relations/corporate-governance/management-board-and-supervisory-board/dr-werner-brandt)
40. Microsoft Academic Knowledge Graph
41. [Source](https://golden.com/wiki/RWE-DZXMDB)
42. FactGrid
43. National Library of Israel Names and Subjects Authority File
44. Name Suggestion Index
45. YouTube API
46. [OpenAlex](https://docs.openalex.org/download-snapshot/snapshot-data-format)
47. Wikirate