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Amazon Deal Marks Data-Center Payday for RWE, Deutsche Bank Says

Bloomberg Technology
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Amazon Deal Marks Data-Center Payday for RWE, Deutsche Bank Says

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000RWE’s former UK coal plant Didcot APhotographer: Carl Court/Getty ImagesRWE AG has sold its former UK coal plant Didcot A to Amazon.com Inc., and could reap a major windfall from similar deals ahead, Deutsche Bank AG said Tuesday in a note.The German power producer disclosed last month in its earnings report that it generated €225 million ($265 million) from selling an idle site in the UK to a hyperscaler, without disclosing the buyer.

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Source: Bloomberg Technology