Germany’s RWE Buys Con Edison Renewable Portfolio For $6.8 Billion
By Thomas Escritt and Christoph Steitz BERLIN (Reuters) -Germany’s largest power producer RWE AG said on Saturday it had agreed to buy Con Edison Inc’s Clean Energy Businesses subsidiary for $6.8 billion, doubling down on the world’s second-biggest renewables market. The deal will be partly funded via a $2.43 billion convertible bond issued to a…