RWE aims to offload €11 billion ($14.9 billion) worth of assets by the end of 2013 with a full or part-sale of RWE-Dea being seriously considered alongside disposals of upstream assets.

Some €1.5 billion of downstream and midstream assets have already been offloaded.

Rolf Pohlig, the German utility’s chief financial officer, told analysts late last week that progress was being made in identifying disposal options.

“We