Search results for: E.on

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  • 19 September 2019
    Business & Finance

    E.ON has closed the purchase of a 76.8% stake in innogy from RWE, shortly after the European Commission approved the transaction. E.ON and RWE have been engaged in an asset swap since March 2018 in which E.ON takes over the 76.8% stake in innogy, while RWE obtains, among other things, all E.ON’s major renewable energy activities and […]

  • 5 March 2014
    Training & Education

    E.ON has announced it is to pilot a Customer Service Apprenticeship scheme, helping to support the UK’s youth unemployment agenda and nurturing talent of the future, with up to 50 apprenticeships on offer. This new innovative programme, announced during this year’s National Apprenticeship Week, will provide 16-24 year olds with the opportunity to undertake a […]

  • 7 August 2019
    Business & Finance

    E.ON’s Renewables division saw a EUR 39 million increase in adjusted EBIT in the first half of 2019, primarily said to be due to the commissioning of offshore wind farms in the UK and Germany. The renewables adjusted EBIT equals EUR 275 million in the first six months, with the primary reason being the increase […]

  • 10 November 2016
    Training & Education

    Three young people from the local area have been awarded paid apprenticeship at E.ON’s Scroby Sands Offshore Wind Farm base in Great Yarmouth, as they embarked on a four-year apprenticeship programme launched by the company in September. The programme will provide them with an Advanced Level Apprenticeship in Engineering Maintenance. In the first two years, the apprentices will predominantely […]

  • 4 February 2014

    E.ON and OceanWind have signed a long term contract for provision of port facilities, offloading and storage of cables. OceanWind, a joint venture between Norwegian Oceanteam Shipping ASA and Dutch WIND BV, has already offloaded the first cables at its facilities in Velsen Noord, the Netherlands. More cables are expected to be stored at their […]

  • 31 January 2019
    Authorities, Business & Finance

    Essen-based energy company E.ON has submitted its application to integrate innogy to the EU Commission. “With the filing of the transaction in Brussels, we have taken an important step towards our goal of implementing the transaction agreed with RWE to acquire innogy from mid-2019. We are also well on track to prepare the planned integration of […]

  • 4 January 2016
    Business & Finance

    As announced earlier, E.ON separated its operations from Uniper’s effective 1 January, 2016. E.ON will focus on renewables, energy networks, and customer solutions, whereas Uniper will operate a conventional energy business consisting of conventional power generation (including hydro) and global energy trading.  E.ON will be doing business from its new campus in Essen, while Uniper will […]

  • 4 May 2012
    Business & Finance

    E.ON released financial result for 2011. “Despite a difficult business environment, we have made very good progress in implementing our strategy and reorganizing our company. We moved resolutely forward on our consolidation course; the worst adverse effects are behind us. E.ON 2.0, our efficiency-enhancement program, is making good. The earnings growth at our renewables business […]

  • 16 August 2016
    Wind Farm Update

    Two controlled explosions took place at the Rampion offshore wind site at the beginning of this month as two explosive devices detected within the area this March were removed. The two unexploded devices, thought to date from WWII, were detected on the seabed 3km off Lancing Beach at a water depth of 13m, have been safely disposed […]

  • 24 November 2014
    Authorities, Business & Finance, Wind Farm Update

    E.ON has announced the final design for the Rampion Offshore Wind Farm project, after receiving consent from the Secretary of State for Energy and Climate Change in July this year. Situated 13km off the Sussex coast at its nearest point, the 72km2 final wind farm would feature 116 turbines, each measuring around 140m high to […]

  • 14 March 2012
    Business & Finance

    E.ON AG continued its consolidation course in a difficult business environment in 2011 and is past the worst. At the presentation of the company’s annual results, CEO Johannes Teyssen was cautiously optimistic about where E.ON stands. “We made good progress implementing our strategy. E.ON 2.0, our efficiency-enhancement program, is on course. We’re pleased by the […]

  • 9 June 2016
    Business & Finance

    E.ON’s shareholders have approved the spinoff of a 53.35-percent majority stake in Uniper, with the decision supported by 99.68 percent of the share capital represented at the E.ON Annual Shareholders Meeting. The vote paves the way for the full implementation of the company’s new strategy, E.ON said, under which the new E.ON focuses on the […]

  • 16 December 2016
    Business & Finance

    At its meeting today, the E.ON Supervisory Board appointed Marc Spieker member of the Board of Management and future Chief Financial Officer (CFO) of E.ON SE. He will join the Board on January 1, 2017 and take over the CFO position on April 1 from Michael Sen, who will then leave the company.  Marc Spieker […]

  • 17 July 2018
    Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, Wind Farm Update

    E.ON Climate & Renewables has hired TÜV SÜD to carry out inspections on the Amrumbank West wind farm in the North Sea and the Arkona wind farm in the Baltic Sea.

  • 21 July 2010
    Business & Finance

    E.ON is leading the European offshore business. According to new statistics released by the European Wind Energy Association (EWEA) 118 new offshore wind turbines with a capacity of 333 megawatts, were connected to the grid in the first half of 2010. A massive 64 percent of all new capacity was developed by E.ON Climate & […]

  • 27 April 2018
    Business & Finance

    E.ON has launched its voluntary public takeover offer (PTO) for shares in innogy SE following the approval of the offer document by the German Federal Financial Supervisory Authority.

  • 13 March 2017
    Business & Finance

    Germany-headquartered energy company E.ON has appointed Anja Dotzenrath as the new Chief Executive Officer (CEO) of E.ON Climate & Renewables and Michael Lewis, the current CEO of the company’s renewables division, as the new CEO of E.ON UK.

  • 10 November 2016
    Business & Finance, Grid Connection

    German energy company E.ON’s offshore wind division recorded adjusted earnings before interest and tax (EBIT) of EUR 243 million in the first nine months of 2016, a 196.4% rise compared to EUR 82 million reported for the same period a year earlier. The improved performance was attributed to Amrumbank West and Humber Gateway offshore wind farms being fully operational throughout the current […]

  • 11 November 2015
    Business & Finance, Operations & Maintenance

    Germany’s utility E.ON reported an all-time-high EUR 5.7 billion net loss for the first nine months of 2015, largely due to the impairment charges of EUR 8.3 billion recorded in the quarter ended September 30, coming from writedowns in the company’s power plants and its oil and gas division. The company is continuing with plans to focus on the booming renewable […]

  • 25 July 2012

    Commenting on the Government’s decision to implement new ROC bands from April 2013, Dr. Tony Cocker, Chief Executive of E.ON UK, said: “Since the draft proposals were published last year, we’ve already committed around £1 billion of new investment in renewables across the UK, so we’re pleased that the levels of support for all technologies […]

  • 10 April 2014
    Business & Finance, Wind Farm Update

    The new installation support vessel of Norwegian marine operator Siem Offshore was christened Siem Moxie at the naming ceremony today at the port of Hamburg. E.ON is taking over the patronage of the ship. The vessel’s specific role will be to support work crews to the platforms and foundations in order to prepare for the […]

  • 26 April 2016
    Business & Finance

    E.ON reiterated its aim to establish itself as a leading company in the new energy world while confirming its 2016 outlook today. “Our objective is to make E.ON into a leading company of the distributed, renewable, and digital energy world,” said E.ON’s CEO Johannes Teyssen, confirming the company’s determination to carry out the spin-off of its conventional power […]

  • 13 March 2018
    Business & Finance

    The transfer of the renewable energy business from E.ON and innogy to RWE is expected to be completed by the end of 2019, E.ON and RWE said in a statement.

  • 14 May 2014
    Business & Finance

    The E.ON Group’s businesses performed as anticipated in the first quarter of 2014. Owing to a continued difficult business and regulatory environment and in the wake of divestments, E.ON’s EBITDA declined by 12 percent year on year to €3.2 billion, its underlying net income by 13 percent to €1.2 billion. By contrast, operating cash flow […]

  • 12 August 2015
    Business & Finance

    The German energy company, E.ON, has posted half-year EBITDA of €4.3 billion, 13 per cent lower than the same period last year, and underlying net income dropped 21 per cent year-on-year to €1.2 billion. The reduction in EBITDA is primarily attributable to a further decline in wholesale electricity prices, lower oil prices, and a weak […]

  • 13 June 2016
    Wind Farm Update

    E.ON has awarded DNV GL with a project certification contract for the new Arkona offshore wind farm, which covers inspection phases from manufacturing, transport, installation, to the commissioning of the wind farm. Having worked on the project since 2014, DNV GL was initially appointed by E.ON for the full design assessment of the wind farm’s […]