Germany’s largest power producer and a buyer of gas from Gazprom , on Tuesday warned of far-reaching risks that an escalation of the war in Ukraine could have on its business, adding the situation remained manageable for now. The group confirmed preliminary 2021 results as well as its outlook for 2022 which were both communicated earlier this year, cautioning that the Ukraine crisis had not yet been factored into the forecast as it was difficult to predict its impact. RWE said that while it did not have business activities in Russia or Ukraine a further escalation or halt of supply deals with Russian companies could have “notable effects on our assets, liabilities, financial position and profit or loss”. “However, after assessing the potential developments in depth, we currently believe that the risks to which the group is exposed are manageable,” […]