EU regulators scrutinize RWE and E.ON deal
EU regulators will take a hard look at part of the deal between German utilities RWE and E.ON to make…
RWE has no claim to compensation over coal exit – Bundestag lawyers
Electricity consumers and the state are not legally obliged to compensate energy companies for switching off coal-fired power stations. This…
RWE on track with E.On energy deal
RWE on Tuesday hailed “good progress” towards completing its ambitious asset swap agreement with rival E.On, as the German utility…
Energy sector, the biggest contributor to global M&As so far in 2018
A historic peak in global mergers and acquisitions (M&A) in the first half of 2018 has seen the energy and…
E.ON successfully syndicates EUR 5 billion acquisition financing for Innogy
In the context of the far-reaching exchange of assets and participations between E.ON and RWE, and the voluntary public takeover…
E.ON posts forecast-beating first quarter profit
E.ON on Tuesday posted a better-than-expected quarterly operating profit, boosted by its retail unit that will form one of the…
E.ON to cut 5,000 jobs as part of huge takeover deal
German utility E.ON on Monday said it plans to cut up to 5,000 jobs as part of its takeover of…
German utilities are struggling with digitalization, especially in retail
Marius Buchmann German utilities claim that they are becoming consumer-centred, service-based organisations, but research from Oliver Wyman shows that in…
E.ON gets EUR 2.85bn German nuclear tax refund
E.ON, the energy utilities provider, has announced an improvement in its financial position as a result of a substantial refund…
Germans move into state’s hands nuclear waste responsibility for 24 bln. euro
The German government and the country’s nuclear plant operators signed a long-awaited contract about the funding for the final storage…
RWE takes 1% of the power supply market in Romania
German holding RWE took over the majority of Fidelis Energy’s customer portfolio, which held a market share of nearly 1%…
Engie looks for minority pack in RWE’s Innogy
Engie SA is considering an offer for German renewable-energy utility Innogy SE as its majority owner RWE AG weighs strategic…
Bavaria opposes local nuclear waste storage plan
The German government has settled with the country’s four nuclear companies on four interim storage facilities for radioactive waste that…
Hungary’s MOL gearing up for another acquisition
Hungarian fuels group MOL may soon be making a new acquisition, as the sale of German RWE’s oil and gas…
Slovakia began exporting gas to Ukraine
Slovakia has started Tuesday the reversed flow of gas to Ukraine, which stopped receiving gas from Russia on 16th of…
RWE opened an energy supply subsidiary in Romania
The German RWE Group with operations on the electricity and gas market is expanding its electricity retail business to the…
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