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chilmersyesterday at 9:00 PM1 replyview on HN

So RWE, the German multinational that won the largest share of this auction, with a yearly revenue of €29bn and an existing 153.2 TWh of power generation, is going to need a bailout from the British government, in the next four years, over a project to supply 7GW?


Replies

linuxftwyesterday at 9:39 PM

Revenue isn't profits. Their free cash flow has been negative billions for the last few years. A major capital project like this can only result in a bailout.