Germany awards €12B contracts for new gas power units; LEAG, RWE major winners

Germany has awarded contracts worth €12 billion for new natural gas power units, with LEAG and RWE emerging as major beneficiaries. The financial support signals a strategic shift toward gas as a bridge fuel amid the energy transition, though details on capacity and timeline remain unclear. This move underscores Germany's efforts to secure dispatchable power generation while phasing out coal and nuclear.

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