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BDO advises RWE on the acquisition of Con Edison Clean Energy Businesses

03 March 2023

A team from BDO Germany led by René Titze advised RWE in the context of the successful closing of the acquisition of Con Edison Clean Energy Businesses, Inc., a leading operator and developer of renewable energy plants in the United States. RWE, a world leader in renewables, is thus continuing its growth course and almost doubles its renewable portfolio in the USA to 8 gigawatts of operating assets.


With the closing of the USD 6.8 billion acquisition (enterprise value) after only five months from the announcement of the transaction, RWE becomes the number 4 renewable energy company and the second largest solar operator in the United States, one of the most attractive and fastest growing markets for renewable energies. BDO has provided Corporate Finance Advise in the context of the preparation of the Closing to RWE.