Osborne Clarke advises RWE npower on its acquisition of RUMM

International legal practice, Osborne Clarke has advised RWE npower, part of the RWE Group, on its acquisition of specialist energy management company RUMM.

RWE npower is a major UK energy company which serves around 5.4 million residential and business customers with electricity, gas and energy services. RUMM uses the latest innovations in cloud-based data analytics to help businesses monitor and control their energy in real time. RWE npower estimates its roll out of RUMM’s services could save British businesses up to £4bn per year on energy.

The Osborne Clarke team that advised on the transaction was led by corporate Partner Simon Spooner and Senior Associate, Helen Reed.

Osborne Clarke recently advised RWE Innogy on its joint venture with Statkraft to the up-to-900MW Triton Knoll offshore wind project.

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