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Thu, Oct 13 2016


E.ON says power grids will remain part of its strategy

FRANKFURT/DUESSELDORF, Germany E.ON's power grids are part of its core strategy, the German utility said on Thursday, stopping short of denying a magazine report the company was considering at least a partial spin-off of the business.

UPDATE 3-E.ON says power grids will remain part of its strategy

* E.ON shares down 0.4 percent (Adds sell-side analysts, context on writedowns)

E.ON considers power grids spin-off, capital hike: WirtschaftsWoche

FRANKFURT German utility E.ON is considering spinning off at least part of its power grids or raising capital to offset falling grid fees, a pending payment for radioactive storage and possible writedowns, a German magazine reported.

UPDATE 3-Uniper's $4.4 bln listing lays bare E.ON writedown risk

* Flotation comes ahead of listing of RWE's Innogy (Adds quotes from E.ON, Uniper CEOs, context on valuation)

German battery maker Solarwatt eyes growth with E.ON

MUNICH Solarwatt, a German manufacturer of batteries that store power generated by domestic solar panels, expects to more than double sales next year compared with 2015 thanks to a new deal with E.ON , it said on Tuesday.

UPDATE 2-Uniper sets $4.5 bln listing date as spin-off from E.ON nears end

* Share price to be determined at opening auction Sept. 12 (Adds projected market value, opening price)

UPDATE 1-E.ON to compensate UK customers after gas meter mix-up

Aug 15 British gas suppliers may have to compensate hundreds of their customers who were overcharged because of a mix-up involving metric and imperial measurements, with one having paid too much for 15 years.

BRIEF-E.ON CFO says expects fierce competition in Britain

* Cfo says expects competition in britain to intensify next year

UPDATE 1-E.ON flags potential writedowns on power plant unit Uniper

* Uniper market cap seen at 5 bln eur vs 15.5 bln net book value

Uniper CEO rules out sale of whole division: Rheinische Post

FRANKFURT The chief executive of E.ON's Uniper ruled out a sale of one of the company's three divisions - European Generation, Global Commodities or International Power - in its drive to pay down debt, he told a German newspaper.

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