E.ON SE (EONGn.DE) Key Developments | Reuters.com
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E.ON SE (EONGn.DE)

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Latest Key Developments (Source: Significant Developments)

E.ON shareholders approve split of company in two
Wednesday, 8 Jun 2016 12:41pm EDT 

E.ON SE : E.ON shareholders approve split of company in two with majority of 99.68 percent Further company coverage: [EONGn.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

E.ON CEO confirms company will not exclude capital measures
Wednesday, 8 Jun 2016 09:12am EDT 

E.On : CEO confirms that the company will not exclude capital measures . Says not interested in buying solarworld . CEO says ipo of turkish participation enerjisa is still an option, there is no timeline . CEO says does not expect to restart block 3 of russian berezovskaya before end 2017 Further company coverage: [EONGn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

E.ON plans no capital measures ahead of Uniper spin-off - CFO
Wednesday, 11 May 2016 05:59am EDT 

E.ON SE CFO on conference call : Says E.ON has no plant to take capital measures before the spin-off of Uniper in H2 Further company coverage: [EONGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

E.On's Russian segment Q1 EBITDA turns to loss of EUR 36 million
Wednesday, 11 May 2016 01:40am EDT 

E.ON :E.ON's Russian segment Q1 EBITDA loss of 36 million euros ($40.97 million) vs profit 83 million euros year ago.  Full Article

E.ON SE raises FY 2016 forecast
Tuesday, 29 Mar 2016 09:53am EDT 

E.ON SE:Said it had reached an agreement with Russia's Gazprom to cut prices of long-term gas supply contracts, leading to one-off effects that allows it to raise its outlook for 2016.Expects 2016 EBITDA of 6.4 billion euros - 6.9 billion euros.Expects 2016 underlying net income of 1.5 billion euros - 1.9 billion euros.FY 2016 EBITDA estimate 6.4 billion euros - Thomson Reuters I/B/E/S.FY 2016 net income estimate 1.4 billion euros - Thomson Reuters I/B/E/S.  Full Article

E.ON SE - UK's Competition Markets Authority proposes energy price cap for some customers - Reuters News
Wednesday, 9 Mar 2016 09:05pm EST 

E.ON SE:Britain's competition watchdog wants to impose an energy price cap for 4 mln households on pre-payment meters, a document seen by Reuters showed, a watering down of previous proposals - RTRS.The Competition Markets Authority (CMA) proposals on Thursday are the provisional outcome of an investigation into whether the country's largest energy suppliers, also known as the "Big Six", have distorted competition in the energy market.The inquiry, which was launched in June 2014, is intended to clear up once and for all whether SSE, Iberdrola's Scottish Power, Centrica, RWE npower, E.ON and EDF Energy were abusing their control of the market.The price control for pre-payment meter customers would reduce their bills by a total of 300 million pounds a year and will remain in place until 2020, the CMA said.Last year, the CMA had proposed a price cap for all customers on the most expensive tariffs.On Thursday, the CMA said that in total, customers may have been paying around 1.7 billion pounds a year more than they would have done in a competitive market.The watchdog also proposed that a database is created, to be controlled by the energy regulator, to allow rival suppliers to contact customers who have been on more expensive tariffs for three years or more with better deals.  Full Article

E.ON SE issues FY 2016 outlook in line with analysts' estimates
Wednesday, 9 Mar 2016 01:30am EST 

E.ON SE:Expects 2016 EBITDA of 6 billion-6.5 billion euros.Expects 2016 underlying net income of 1.2 billion-1.6 billion euros.FY 2016 EBITDA 6,511 million euros - Thomson Reuters I/B/E/S.FY 2016 net income 1,425 million euros - Thomson Reuters I/B/E/S.  Full Article

RWE and E.ON jointly sell their minority stakes in the Luxembourg utility Enovos
Tuesday, 22 Dec 2015 07:00pm EST 

RWE AG:RWE and E.ON have yesterday signed agreement to jointly sell their respective 18.4 pct and 10 pct shareholding in Luxembourg utility Enovos International S.A. to a consortium led by Grand Duchy of Luxembourg and Ardian.Transaction is expected to close in the first quarter of 2016.Parties agreed to not disclose the purchase price.  Full Article

E.ON SE to acquire Italian energy service company Heat & Power‍
Tuesday, 15 Dec 2015 07:00pm EST 

E.ON SE:Says to acquire Ialian energy service company Heat & Power‍​.Heat & Power has 22 megawatt installed capacity‍​.  Full Article

E.ON invests in American start-up Greensmith
Tuesday, 8 Dec 2015 07:00pm EST 

E.ON SE:Has invested in Greensmith, bringing the U.S.-based start-up’s total Series C round to $18.3 million.Says it is a further step for E.ON to expand its venture-capital activities.  Full Article

Germany's E.ON says Brexit consequences are manageable

FRANKFURT, June 24 German utility E.ON on Friday said the decision by British voters to leave the European Union was manageable for the company because its business in Britain was regional.