HOT TOP|Companies|Energy & Green Biz
Tom Jones|10.08.2011

RWE sends mixed messages on Czech gas network sale

RWE Czech Republic announced on Wednesday that due to Germany’s resolution to phase out nuclear power, EU unbundling legislation, and challenging economic conditions, the energy giant would sell off more assets than previously planned — including subsidiary Net4Gas, which owns and operates the Czech gas pipeline network. An RWE Group spokesman, however, said the sale was only being considered.