463 results found for 'rwe E.ON'

463 results found for 'rwe E.ON'
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  • RWE-E.ON Renewables Deal Clears EU Hurdle

    26 February 2019
    Authorities, Business & Finance

    The European Commission has approved under the EU Merger Regulation the acquisition by RWE of E.ON’s renewable and nuclear electricity generation assets. Under the agreement reached in March 2018, E.ON is to take over RWE’s 76.79% stake in innogy, whereas RWE is to obtain among other things all of E.ON’s major renewable energy activities and innogy’s renewable energy […]

  • RWE and Kyuden Mirai Unite for Japanese Offshore Wind Project

    28 May 2020
    Business & Finance

    RWE Renewables Japan G.K. and Kyuden Mirai Energy have signed a Joint Bidding Agreement to enter into a full-scale feasibility study for the offshore wind project planned off the coast of Yurihonjo City, Akita Prefecture in Japan. E.ON, whose renewables business RWE acquired last year, and Japan’s Kyuden Mirai Energy signed a cooperation agreement in […]

  • RWE to Spend EUR 1.5 Billion on Renewables Annually

    18 January 2019
    Business & Finance

    RWE, the renewables businesses of E.ON and innogy, is planning to set aside approximately EUR 1.5 billion net in annual funds for investment mainly in the offshore wind, onshore wind and solar PV sectors. According to RWE, the renewables business will focus on the Americas, key markets in Europe and new markets in the Asia-Pacific region. The […]

  • RWE Takes Over E.ON’s Renewable Energy Assets

    1 October 2019
    Business & Finance

    E.ON has transferred its renewables business, E.ON Climate & Renewables, to RWE as part of the transaction to acquire and integrate innogy. Back in March 2018, RWE and E.ON entered into an agreement by which E.ON is taking over RWE’s 76.79% stake in innogy, whereas RWE is obtaining among other things all of E.ON’s major renewable energy […]

  • Offshore Wind Giants to Invest EUR 7.5 Million in OWA’s Cost-Cutting R&D

    11 July 2016
    Business & Finance, R&D

    DONG Energy, RWE, E.ON, Iberdrola, Vattenfall, Statoil, SSE, EnBW and Statkraft have joined Carbon Trust’s Offshore Wind Accelerator (OWA) programme, bringing in GBP 6.4 million (approx. EUR 7.5 million) to help reduce the cost of offshore wind power below GBP 100/MWh by 2020. The fund of EUR 7.5 million that the companies will jointly invest in […]

  • Rampion OWF Blows Past Its Expected Generation in 2020

    29 January 2021
    Operations & Maintenance

    The Rampion offshore wind farm has exceeded its power generation target in 2020 by generating over 1,600 GWh during the year, 15 per cent more than the assumed annual generation of 1,400 GWh. According to the Rampion team, the 400 MW offshore wind farm contributed to Britain’s greenest energy year yet, as 2020 saw record […]

  • E.ON-RWE Deal Steps Closer to Finish

    17 September 2019
    Business & Finance

    The European Commission has approved E.ON’s acquisition of innogy’s distribution and consumer solutions business and certain electricity generation assets. E.ON and RWE, which controls innogy, have been engaged in an asset swap since March 2018 in which E.ON is taking over RWE’s 76.8% stake in innogy, while RWE is obtaining, among other things, all E.ON’s major renewable energy […]

  • Innogy, E.ON and RWE Table Integration Procedures

    19 July 2018
    Business & Finance, Jobs & Recruitment

    Innogy has concluded two legally binding agreements – one with E.ON, another with RWE – on the planned integration of innogy into E.ON and the planned integration of innogy’s renewables business into RWE. As reported earlier, E.ON and RWE reached an agreement under which E.ON would acquire RWE’s 76.8% stake in innogy in return for granting […]

  • RWE and E.ON Complete Asset Swap Deal

    1 July 2020
    Business & Finance

    RWE has taken over innogy’s activities, meaning the asset swap deal with E.ON is officially completed. The wind, solar and hydropower businesses, as well as the biomass, biogas and gas storage activities are now transferred to RWE. About 2,700 employees are transferring from innogy to RWE in the course of the takeover. “This is the […]

  • E.ON Agrees to Buy Innogy, RWE to Manage Renewables

    12 March 2018
    Business & Finance

    E.ON SE has reached an agreement in principle with RWE AG to acquire RWE’s 76.8% stake in innogy SE via a far-reaching exchange of assets and participations.

  • E.ON celebrates inauguration of one of the world’s largest Offshore Wind Farms in the Baltic Sea

    12 October 2010
    Wind Farm Update

    Today the Danish Climate and Energy Minister Lykke Friis officially inaugurated E.ON’s offshore wind farm Rösand II. Rödsand lies between the German island of Fehmarn and the Danish island of Lolland and is currently the largest of E.ON’s six offshore wind farms and one of the largest operating in the world today. With a capacity […]

  • Germany: E.ON Announces 2011 Results

    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 […]

  • Germany: E.ON Announces EBITDA of around EUR 10.8 Billion

    13 March 2013

    Düsseldorf-based E.ON SE posted EBITDA of about €10.8 billion and underlying net income of about €4.2 billion in the 2012 financial year.  “Our solid results, which also reflected a number of positive one-off effects, are gratifying and a tribute to our employees’ outstanding dedication and performance, particularly in difficult times,” said E.ON CEO Dr. Johannes […]

  • Innogy Completes Management Changes

    11 October 2019
    Business & Finance

    Innogy has undergone a number of management changes following E.ON’s takeover of the majority share in the company from RWE. Innogy’s Supervisory Board elected Johannes Teyssen, Chief Executive Officer of E.ON SE, as its Chairman, replacing Erhard Schipporeit, who had stepped down from the board along with other shareholder representatives. The Supervisory Board also resolved on […]

  • E.ON Completes Innogy Purchase

    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 […]

  • Innogy Boards Air Concerns Over E.ON Takeover Offer

    10 May 2018
    Business & Finance

    The Executive Board and the Supervisory Board of innogy SE have not issued any recommendations to innogy’s shareholders on the voluntary public takeover offer of E.ON Verwaltungs SE.

  • Innogy to Reallocate Green Bond Proceeds from Wind to Grid

    11 October 2018
    Business & Finance, Grid Connection

    Innogy’s Green Bond Committee has decided to reallocate proceeds of its inaugural Green Bond from renewables generation projects to grid projects.

  • E.ON’s Renewables EBITDA Up 20 Pct

    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 […]

  • E.ON Signs 6 Years Contract for MPI Discovery (Germany)

    29 June 2011

    E.ON Climate & Renewables and MPI-Vroon have today signed a 6 year charter for the MPI Discovery, a specialist vessel used in the construction of offshore wind farms. Securing this state of the art new build vessel underlines E.ON’s long term commitment to development of offshore wind projects in Europe and will help maintain E.ON’s […]

  • E.ON and RWE Sign Wind Energy PPA in UK

    12 November 2019
    Business & Finance

    E.ON and RWE Renewables have signed a power purchase agreement (PPA) for more than 20 offshore and onshore wind farms in the UK. Under the 2.5-year agreement, E.ON buys around 3TWh of power annually from wind farms in the UK which are operated by RWE. The deal covers a capacity of 892MW of wind generation and […]

  • RWE Lines Up EUR 5 Billion for Renewables Switch

    15 May 2019
    Business & Finance

    German energy company RWE has secured a EUR 5 billion credit agreement in preparation for the integration of the renewables activities of E.ON and innogy. The line of credit, provided by 27 international banks, was significantly oversubscribed, RWE said. Under the agreement reached in March 2018, E.ON is to take over RWE’s 76.79% stake in innogy, whereas RWE is […]

  • Renewables Deliver for E.ON as RWE Deal Stays On Track

    13 May 2019
    Business & Finance

    Essen-based energy company E.ON reported EUR 211 million adjusted EBIT for its Renewables segment in the first quarter of 2019, a 23% increase compared to EUR 171 million adjusted EBIT recorded in the first quarter of 2018. The increase resulted primarily from an increase in output due to the commissioning of offshore wind farms in Germany and […]

  • Germany: E.ON’s 2011 Earning Down

    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 […]

  • E.ON Determined to Lead the New Energy World

    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 […]

  • E.ON to Split Its Business in Two Companies

    7 May 2015
    Business & Finance

    E.ON’s transformation is the main topic at the company’s Annual Shareholders Meeting in Essen, Germany. Supervisory Board Chairman Werner Wenning and CEO Johannes Teyssen updated shareholders on the status of the project to divide the company into the future E.ON and a new company, Uniper. Starting in 2016, E.ON will focus on renewables, energy networks, […]

  • E.ON Reopens Scroby Sands Wind Farm Visitor Centre in Great Yarmouth (UK)

    20 May 2011

    E.ON has today (Friday 20th May) re-opened its Scroby Sands Wind Farm Visitor Centre in Great Yarmouth following an extensive …   (eon) [mappress] Source: eon, May 20, 2011;