Germany’s RWE expects to spend $21 billion in Britain by 2030

FRANKFURT (Reuters) – RWE, Germany’s largest power producer, said on Tuesday total investment into green technologies and infrastructure in Britain are expected to amount to 15 billion pounds ($21 billion) by 2030.

“The UK is one of RWE’s key markets,” Chief Executive Markus Krebber said. “We see the UK as an attractive location for ongoing investments, which presents a stable regulatory framework and has great natural wind resources.”

($1 = 0.7242 pounds)

(Reporting by Christoph Steitz, editing by Emma Thomasson)