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Major Slice of RWE's $47 Billion Power Investment Going International, an Industrial Info News Alert

Posted on: Thursday, 24 April 2008, 06:00 CDT

Researched by Industrial Info Resources (Sugar Land, Texas) -- German power utility RWE AG (Essen) is planning to invest $47 billion through 2013. The majority of the money will go toward expanding the company's international project base, and the remainder will be spent to increase the efficiency of plants in Germany, where the company's main focus will remain. The company's international endeavors include a contract worth $157 million with Siemens (NYSE:SI) (Munich, Germany) for 33 2.3-megawatt wind turbines for projects in Suwalki and Tychowo in Poland.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources

Source: MARKET WIRE

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