RWE is reportedly considering a deal with the Trump administration to surrender US offshore wind leases in exchange for commitments tied to fossil fuel investments, prompting more than 50 US organisations to urge the company to abandon the reported negotiations.
In a letter addressed to RWE CEO Markus Krebber , the groups warned the company against “trading renewable for fossil fuel investments” and said that abandoning offshore wind in favour of fossil fuels would expose RWE to financial risks and impact the company’s reputation going forward.