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RWE, KKR Finalise $16 Billion UK Renewables Investment

RWE and KKR agreed to invest around £12 billion ($16.02 billion) in offshore wind projects in Britain, the companies said. The projects have reached financial close.

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German utility RWE XETR:RWE and US private equity firm KKR NYSE:KKR have agreed to invest around £12 billion ($16.02 billion) in offshore wind projects in Britain, they said on Wednesday, one of the biggest renewables investments in the country.The projects' financial closing comes as world leaders…

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