Morningstar

RWE to Strengthen Energy Partnership with U.A.E

Provided by Dow Jones Sep 11, 2026, 12:47:00 PM

By Adam Whittaker

German power company RWE has signed power agreements with the United Arab Emirates to increase cooperation in offshore wind auctions and explore long-term LNG deliveries to Germany and the rest of Europe.

RWE said Friday that it has signed a memorandum of understanding with Masdar, the Abu Dhabi government's clean energy company, to consider joint participation in German offshore wind auctions in 2027. The agreement could result in more than 3 billion euros of investments, equivalent to $3.48 billion.

Separately, RWE and the country's state oil company Adnoc signed a letter of intent to increase long-term LNG supply opportunities into Germany and the rest of Europe. The parties intend to agree on the terms of up to two LNG sale and purchase agreements, RWE said.

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

September 11, 2026 08:47 ET (12:47 GMT)

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