Monday, March 9, 2026

ConEd Agrees to Sell Clean Energy Business for $6.8 Billion to RWE

Listen to article(2 minutes)Consolidated Edison has agreed to sell its renewable energy business to German energy company RWE for $6.8 billion, the companies said Saturday.The deal nearly doubles RWE’s renewable energy portfolio in the U.S. and will make it the second-largest solar operator in the country, the company said in a statement. ConEd’s portfolio includes more than 10 gigawatts of renewable projects in operation or under development.

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