Con Edison completes $6.8B sale of Clean Energy Businesses to RWE

CONSOLIDATED EDISON INC

Sale of Con Edison Clean Energy Businesses to RWE Renewables Americas closed at $6.8 billion.
CEO Timothy Cawley says Con Edison's focus is on New York and clean energy transition.
Proceeds will support investments in transmission, building electrification, EV infrastructure, and battery storage.
Company seeks state approval for utility-owned renewable generation in New York.

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