Latest news
Canadian energy firm Enbridge partner with E.ON and GIB in Rampion offshore wind project
E.ON has made known on Thursday that the Canadian energy firm Enbridge has joined the Rampion offshore wind project by purchasing an interest of 24.9 percent. Enbridge will turn into one of three shareholders in Rampion Offshore Wind Limited. E.ON will continue to be the controlling shareholder at 50.1 percent, while the UK Green Investment Bank plc (GIB) possessing a 25 percent interest.
read more... 06/11/2015
Germany: EnBW to become third largest gas provider after E.ON and Wingas
Germany utility EnBW has inked a deal to acquire a 74% stake in gas firm Verbundnetz Gas Aktiengesellschaft (VNG) from German energy company EWE, for €1.43bn ($1.63bn), becoming the country's third-largest gas provider after E.ON and Gazprom's Wingas.
read more... 19/10/2015
E.ON sells Norwegian E&P activity for $1.6 billion to DEA Deutsche Erdoel AG
E.ON has inked an accord to sell 100 percent of its shares in E.ON E&P Norge AS (E.ON E&P Norge) to DEA Deutsche Erdoel AG (DEA). The deal is valued at $1.6 billion, counting $0.1 billion of cash on the balance sheet. It is expected to close by the end of 2015, since it is subject to normal regulatory approvals.
read more... 15/10/2015
German utilities shares rocket on nuclear stress test alleviation
Shares in German utilities E.ON and RWE soared at the highest level in seven years on Monday, as worries that they has not enough funds to cover the nuclear decommissioning fade away.
read more... 13/10/2015
E.ON to quit nuclear business spinoff amid a substantial net loss forecast
E.ON, the biggest utility in Germany, is likely to abandon its plans to spin off its German nuclear plants, saying that will record a substantial net loss for the year, due to low power prices.
read more... 10/09/2015