RWE has closed the acquisition of all shares in Con Edison Clean Energy Businesses (Con Edison CEB), from Consolidated Edison. All relevant authorities have approved the acquisition.
The newly created company is called RWE Clean Energy. The company operates a portfolio of 8GW of renewable energy projects and has a development platform of more than 24GW. Mark Noyes is appointed CEO of RWE Clean Energy as of 1 March 2023. The Executive Management Team of RWE Clean Energy around Mark Noyes is formed by members of the former leadership teams of both RWE Renewables Americas and Con Edison CEB, with Ingmar Ritzenhofen as CFO, Andrew Flanagan as CDO (Chief Development Officer) and Akshaya Bhargava as COO (Chief Operating Officer).