E.On has posted a 10% rise in half-year earnings, bolstered by strong performance from its core business units as its acquisition of innogy appears in the horizon.
E.On has said the government must throw its support behind small-scale renewables as an urgent priority as the industry faces a looming policy cliff edge.
The E.On and RWE asset swap has edged closer after the former successfully completed a voluntary public takeover offer to minority shareholders of RWE’s innogy unit.
The heads of some of Europe’s most significant energy companies and associations have urged the UK and the European Union to place continued energy alignment as a priority during Brexit negotiations.
German power giants RWE and E.On confirmed they have reached a contractual agreement for their proposed major asset exchange, but a late expression of interest from Macquarie could yet scupper the deal.
The realignment of RWE and E.On will place the two companies – and Germany as a whole – at the heart of Europe’s energy transition, their respective chief executive have said.
Sustainability has become an increasingly important aspect of the hotel sector according to new research from E.ON, which found that a third of guests believe hotels should be judged on how sustainable they are.
