Germany's RWE expects to spend $21 billion in Britain by 2030


FILE PHOTO: The headquarters of the German power supplier RWE, which plans to break up subsidiary Innogy and share its assets with rival E.ON, is pictured in Essen, Germany, April 24, 2018. REUTERS/Wolfgang Rattay/File Photo

FRANKFURT (Reuters) - RWE, Germany's largest power producer, said on Tuesday total investment into green technologies and infrastructure in Britain are expected to amount to 15 billion pounds ($21 billion) by 2030.

"The UK is one of RWE's key markets," Chief Executive Markus Krebber said. "We see the UK as an attractive location for ongoing investments, which presents a stable regulatory framework and has great natural wind resources."

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