RWE

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The company RWE is not related to Ralph Waldo Emerson's essays.

Group Center in Essen

RWE AG (until 1990: Rheinisch-Westfälisches Elektrizitätswerk AG) (ISIN: DE0007037129), is a German electric power and natural gas public utility company based in Essen. Through its various subsidiaries, the energy company contributes electricity and gas to more than 20 million electricity customers and 10 million gas customers, principally in Europe. RWE is the second largest electricity producer in Germany. RWE has announced its intention to divest of the American Water, the United States' largest investor-owned water utility.

In 2003 Harry Roels succeeded Dr Dietmar Kuhnt as CEO of the company, since October 2007 Dr. Juergen Grossmann is the new CEO.

RWE powerplant in the city of Ibbenbüren

RWE subsidiaries include:

RWE Power
RWE Energy
RWE npower
RWE Dea
RWE Supply & Trading
RWE Systems
RWE Innogy (new Renewables Company, from February 2008 on)
American Water (to be IPO-ed in early 2008)

[edit] Financial Data

**Financial data in millions of euro**
Années	2002	2003	2004	2005	2006
Sales	46 633	43 875	42 137	41 189	44 256
EBITDA	7 241	8 476	8 400	8 324	7 861
Net Results	1 050	953	2 137	2 231	3 847
Net Debt	15 494	17 838	12 385	11 438	6 864
Staff	131 765	127 028	97 777	85 928	68 534