Why did RWE exit the water business in UK and USA?
The strategy of being a global water player did not prove worthwhile in practice. As is the case with a large number of competitors, economies of scale and synergies can be achieved regionally, but not globally. In addition, RWE’s earnings profile has changed as our energy business has turned into our No. 1 value driver. In addition to this, water business has high investment needs and restricts our opportunities to increase free cash flow.
