Headlines
RWE would be 'happy to sell' Urenco holding but any sale is tricky, CFO says
Published by Global Banking and Finance Review
Posted on November 12, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 12, 2025
1 min readLast updated: January 21, 2026
RWE's CFO expresses willingness to sell its Urenco stake, but complex stakeholder arrangements and contractual regulations pose challenges.
FRANKFURT (Reuters) -RWE, Germany's largest power producer, would gladly sell out of uranium enrichment firm Urenco, its finance chief said on Wednesday, noting that any sale was difficult to pull off.
E.ON and German peer RWE jointly hold a third in Urenco on behalf of the German government, while Britain and the Netherlands also hold a third each, making a divestment tricky because of the broad stakeholder set-up.
"Clearly the value of Urenco has increased lately because the demand for enriched material is increasing and so are the prices," Michael Mueller told investors after presenting nine-month results.
"The complexity here is that there are some contractual regulations around that one, so it's not as easy to just sell it," he said adding RWE would be "happy to sell" if a decent offer were to be made.
"If we cannot sell it, obviously the asset as such gains in value because with higher incomes, dividends will grow over time and that also contributes to our earnings and cash position," Mueller said.
(Reporting by Christoph Steitz, Editing by Miranda Murray)
Divestment is the process of selling off a subsidiary or business unit, often to focus on core operations or improve financial performance.
Uranium enrichment is the process of increasing the proportion of the isotope uranium-235 in uranium, which is necessary for nuclear fuel and weapons.
Corporate profits refer to the earnings a company generates after all expenses, taxes, and costs have been deducted from total revenue.
The financial chief officer (CFO) is the executive responsible for managing the financial actions of a company, including financial planning, risk management, and financial reporting.
Dividends are payments made by a corporation to its shareholders, usually as a distribution of profits.
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