RWE delivered an adjusted operating profit (EBITDA) of DKK 5.1 billion in 2025. euros (approx. 38 billion DKK) and an adjusted net profit of 1.8 billion euros (approx. 13 billion DKK). The result thus ended at the upper end of the company's expectations, but was lower than in 2024, when the operating profit was 5.68 billion euros. This is stated by RWE in a press release.
Earnings from onshore wind and solar increased to 1,740 million euros from 1,502 million euros the previous year, while the other business areas delivered lower earnings. Offshore wind contributed 1,488 million euros against 1,559 million euros the previous year, flexible production with 1,406 million euros against 1,949 million euros in 2024, and trading and supply with 339 million euros against 679 million euros the previous year.
- 2025 was a very successful year for RWE. In a challenging environment, we consistently implemented our group strategy by expanding our portfolio in a value-creating way and entering into new strategic partnerships. We clearly achieved our financial targets, says Markus Krebber, CEO of RWE.
The company invested gross EUR 10.8 billion in new projects in 2025, while net investments amounted to EUR 4.0 billion. During the year, new plants with a total capacity of 2.8 GW were put into operation, and electricity production increased by 4 percent year-on-year.
By 2031, RWE will invest EUR 35 billion (approximately DKK 260 billion) net in expanding its energy business and increasing its total capacity by 25 GW to around 65 GW. Almost half of the investments – EUR 17 billion euros (approx. DKK 125 billion) – will go to expand electricity production in the USA, where capacity will be increased from 13 GW to 22 GW with, among other things, wind and solar parks, batteries and flexible gas capacity.
In addition, the company will invest 9 billion euros in flexible electricity production and large battery projects in Germany, while 7 billion euros will go to onshore wind and solar in Europe and Australia. At the same time, RWE plans to expand its offshore wind capacity by a net 5 GW by 2031.
- With our investment program of 35 billion euros until 2031, we are building new production capacity to better meet the growing demand for electricity in Europe and the USA. Our investments will pay off: our adjusted earnings per share will grow from 2.48 euros today to 4.40 euros in 2031, says Markus Krebber.
RWE expects higher earnings in 2026. The company expects an adjusted operating profit of between 5.2 and 5.8 billion euros and an adjusted net profit of between 1.55 and 2.05 billion euros.
amp
