RWE extends Markus Krebber’s CEO mandate to 2031

Jul 9, 2025 10:27 AM ET
  • RWE extends CEO Markus Krebber’s contract to June 2031, securing leadership as the utility accelerates solar and wind expansion in the UK and Germany.
RWE extends Markus Krebber’s CEO mandate to 2031

Germany’s RWE AG has moved early to secure leadership continuity, renewing chief executive Markus Krebber’s contract for another five years. His current term, due to expire in mid-2026, will now run until 30 June 2031.

Krebber, 51, joined the group in 2012, became CFO in 2016 and took the helm in 2021, guiding the utility through the energy-supply crunch triggered by Russia’s war in Ukraine and accelerating its pivot from coal to renewables.

Supervisory-board chair Frank Appel praised Krebber’s “steady hand” during geopolitical turmoil and said the extension will let RWE “drive the energy transition forward with determination.” Krebber himself called the coming decade “the age of electrification and artificial intelligence,” framing it as fertile ground for profitable, sustainable growth.

Momentum on the ground

The leadership decision lands amid a flurry of project milestones logged just last week:

 
Project Location Capacity Status
Langford Solar Farm Devon, UK 35 MW (AC) solar + 35 MW BESS First RWE solar plant to reach operation in the UK, energised 2 July 2025
Golticlay Onshore Wind Farm Caithness, Scotland 62.7 MW Construction officially under way, 3 July 2025
Bergheim / Wiedenfelder Höhe (repowering) North Rhine-Westphalia, DE +17.1 MW (3 new turbines) Civil works started; commissioning slated for mid-2026

 

These builds slot into RWE’s €35-billion 2025-30 investment plan, which targets 65 GW of installed green capacity by the end of the decade. Analysts argue that tying Krebber to RWE for the long haul should reassure investors and lenders as the company scales up in offshore wind, hydrogen and battery storage.