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![]() Essen, Germany (UPI) May 14, 2013 German energy company RWE said a mild winter in Europe was to blame for a decline in its income, though CEO Peter Terium said he was optimistic nonetheless. RWE said its recurring net income for the first quarter of 2014 was $1.15 billion, down 36 percent from the same time last year. The company blamed an "extremely mild winter" for its poor performance so far this year. In the first three months of 2014, it sold 67 billion kilowatt-hours of electricity to the customers outside Germany, ... read more ![]() |
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