RWE Innogy UK is part of RWE International SE, one of the leading European energy companies. With its three business areas of Renewables, Grid & Infrastructure as well as Retail, it addresses the requirements of a modern, decarbonised, decentralised and digital energy world. The focus of RWE International SE (innogy)’s activities is on offering existing and potential customers innovative and sustainable products and services which enable them to use energy more efficiently and improve their quality of life. The key markets are Germany, the United Kingdom, the Netherlands, Belgium and several countries in Central Eastern and South Eastern Europe, especially the Czech Republic, Hungary and Poland. In renewable power generation, the company is also active in other regions, e.g. Spain and Italy. The new subsidiary of RWE AG was launched on 1 April 2016. On 29 June 2016, the name of the European stock company was announced: innogy. The new name will take formal effect as of 1 September 2016, at which time the company as well as its products and services will be rebranded. Until then, the subsidiary will continue under the name RWE International SE.
The innogy brand name is a symbiosis of the terms innovation, energy and technology. Based on the combined segment figures for 2015, the company would have an EBITDA of some €4.5 billion and employ about 40,000 of the current some 60,000-strong workforce of RWE AG once the founding phase is complete.
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