E.ON SE (EONGn.DE)
30 Jan 2015
MILAN/FRANKFURT - German utility E.ON aims to sell its most valuable asset in Italy, a 531 megawatt (MW) hydro-power plant valued at at least 1 billion euros ($1.13 billion), in the first half of this year, several people familiar with the deal said.
* E.ON also planning to divest solar, wind assets -sources (Adds details on sales process from sources)
DUESSELDORF/FRANKFURT - Germany's highest court aims to decide this year on complaints filed by the country's biggest utilities against a decision to shut down its nuclear plants earlier than initially planned, a court spokesman said on Tuesday.
* Says difficult to lower debt-to-earnings ratio to 3 by 2016 (Adds comments on Urenco, leverage)
LONDON, Jan 21 - Britain's energy regulator is introducing a code of practice for price comparison websites to make it easier for consumers to find better deals, at a time when power prices are high on the political agenda ahead of a national election.
LONDON/PARIS, Jan 19 - German utility E.ON's breakup has led to worries that funds set aside for decommissioning reactors will not suffice, but globally the cost of unwinding nuclear is uncertain as estimates range widely.
LONDON, Jan 13 - E.ON has cut household gas prices on the back of a drop in wholesale energy prices, becoming the first energy supplier in Britain to pass on savings to consumers and putting pressure on other providers to do the same.
FRANKFURT, Dec 18 - German utility E.ON said on Thursday it has commissioned two large-scale renewable energy projects in the U.S., strengthening its position in a growth market.
* Shares down 0.8 percent (Recasts, adds strategy detail, updates shares)
LONDON, Dec 11 - Banks have lined up 1.4 billion euros ($1.74 billion) of debt financing to back the acqusition of German utility E.ON's Spanish and Portuguese operations, banking sources said.
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