RWE reorganises Renewables business

• Offshore and onshore activities to be separated due to accelerated growth in renewables business
• Silvia Ortín Rios and Sven Utermöhlen to manage renewables business
• Anja-Isabel Dotzenrath to leave RWE at her own request

RWE has ambitious growth targets in the area of renewable energies, which are being driven forward with significant investments. To be optimally positioned in this very fast-growing business in the future, RWE has decided to reorganise its renewables businesses. The global offshore wind and onshore wind/PV businesses will be managed in separate divisions in future, to focus even better on the specific requirements of the different businesses.

Sven Utermöhlen will be responsible for the Offshore Wind division, Silvia Ortín Rios will be in charge of Onshore Wind/PV. Markus Krebber, CEO of RWE AG: “Sven and Silvia are two experienced and high-profile leaders who have been involved in the renewables business for many years. I am certain that, under their leadership, we will implement our growth ambitions in the offshore and onshore businesses even more rigorously.”

Silvia Ortín Rios is currently Chief Operating Officer (COO) on the management board of RWE Renewables, responsible for the onshore wind and PV business in the Americas. To date, Sven Utermöhlen has been COO of the global offshore wind business of RWE Renewables.

Anja-Isabel Dotzenrath is leaving RWE at her own request and has resigned from the management of RWE Renewables GmbH with effect from 23 August 2021. Markus Krebber: “Anja-Isabel has done an outstanding job in building up RWE Renewables, for which I thank her very much. I enjoyed working with her and regret that she has decided to leave the Group. I wish her all the best for the future.“

Forward-looking statements

This press release contains forward-looking statements. These statements reflect the current views, expectations and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment. Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company’s future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release.