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Innogy SE (IGY.DE)

IGY.DE on Xetra

39.53EUR
8 Dec 2017
Change (% chg)

€0.04 (+0.09%)
Prev Close
€39.50
Open
€39.83
Day's High
€39.89
Day's Low
€39.47
Volume
264,812
Avg. Vol
396,675
52-wk High
€42.68
52-wk Low
€30.55

Latest Key Developments (Source: Significant Developments)

UK's OFGEM Says Closed Cases Into Incorrect Messaging Around Exit Fees By Npower, E.On​
Friday, 8 Dec 2017 02:08am EST 

Dec 8 (Reuters) - UK's OFGEM::CLOSED TWO COMPLIANCE CASES INTO INCORRECT MESSAGING AROUND EXIT FEES BY NPOWER AND E.ON​.  Full Article

Innogy CFO says cannot rule out further impairment charges at npower
Monday, 13 Nov 2017 04:16am EST 

Nov 13 (Reuters) - Innogy :Cfo says trend at npower is clearly positive.Cfo says if current turnaround programme at npower does not work we will consider doing more.Cfo says there are currently no plans for additional job cuts at npower.Cfo says cannot rule out further impairments at npower if situation in uk deteriorates further.  Full Article

Innogy says hired Goldman Sachs in retail tie-up with SSE
Wednesday, 8 Nov 2017 05:13am EST 

Nov 8 (Reuters) - Innogy :Ceo says we are confident to receive antritrust approval for british retail merger with sse sse.l.Ceo says npower had 4.594 million customers in britain at the end of q3.Ceo says no plans to merge retail businesses in other markets, including in the netherlands.Ceo says there will be no bookbuilding for planned tie-up with sse sse.l.Ceo says we have mandated goldman sachs, sse sse.l has mandated credit suisse.Ceo says npower has book value of 2.1 billion pounds.Ceo, asked about potential writedowns on npower, says cannot comment.  Full Article

Innogy, SSE in advanced talks to combine UK retail ops - Innogy
Tuesday, 7 Nov 2017 09:21am EST 

Nov 7 (Reuters) - Innogy SE :Says Innogy, SSE are in advanced discussions on combining their retail activities in Great Britain.‍Says Innogy, SSE are in advanced exclusive discussions regarding combination of retail activities of Npower and SSE's B2C (retail customers) and Energy+ activities in Great Britain​.Says ‍no binding agreements regarding terms of combination have been entered into at this stage​.Says ‍any transaction would be subject to appropriate corporate and board approvals and consent of competent competition and regulatory authorities​.Source text for Eikon: ID:nEQ8D47nPa.  Full Article

SSE in "well-advanced" talks with innogy SE to create independent energy supply firm
Tuesday, 7 Nov 2017 09:02am EST 

Nov 7 (Reuters) - SSE Ltd::‍HAS BEEN IN DISCUSSIONS WITH INNOGY SE ABOUT CREATING A NEW INDEPENDENT ENERGY SUPPLY COMPANY​.‍DISCUSSIONS BETWEEN SSE AND INNOGY ARE CONTINUING AND ARE WELL-ADVANCED BUT NO FINAL DECISIONS HAVE BEEN TAKEN.‍NEW INDEPENDENT ENERGY SUPPLY COMPANY TO WHICH WOULD BE CONTRIBUTED SSE'S HOUSEHOLD ENERGY SUPPLY AND SERVICES BUSINESS IN GREAT BRITAIN.‍NEW INDEPENDENT ENERGY SUPPLY COMPANY TO WHICH WOULD BE CONTRIBUTED INNOGY'S HOUSEHOLD AND BUSINESS ENERGY SUPPLY BUSINESS IN GREAT BRITAIN​.‍COMBINED BUSINESS WOULD BE LISTED AND SSE WOULD DEMERGE ITS SHARES TO ITS SHAREHOLDERS.​.  Full Article

Innogy and Kiwigrid start cooperation for IoT-based energy services‍​
Thursday, 12 Oct 2017 05:16am EDT 

Oct 12 (Reuters) - INNOGY SE ::INNOGY AND KIWIGRID START COOPERATION FOR IOT-BASED ENERGY SERVICES‍​.  Full Article

RWE sees net debt on standalone basis of below 7 bln eur by end-2017
Monday, 15 May 2017 06:46am EDT 

May 15 (Reuters) - Rwe :Cfo says expects net debt on a standalone basis (ex-innogy igy.de) of below 7 billion eur by end-2017.  Full Article

RWE says Uwe Tigges to leave RWE Executive Board
Friday, 28 Apr 2017 05:23am EDT 

April 28 (Reuters) - RWE AG ::As from 1 May 2017, Uwe Tigges will focus entirely on his role as chief human resources officer of Innogy SE <<>>and will thus leave the RWE executive board at the end of April.  Full Article

Innogy issues 750 mln eur bond
Wednesday, 5 Apr 2017 11:35am EDT 

Innogy Se : Says innogy successfully issues first bond . Says total volume of € 750 million . Says based on a coupon of 1.00 % p.a. And an issue price of 99.466 % the yield-to-maturity amounts to 1.07 % p.a . Says proceeds from the issuance will be used to refinance maturing liabilities and finance general corporate purposes Further company coverage: [IGY.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

Turcas Petrol signs MoU with Innogy SE to collaborate in energy sector
Monday, 27 Mar 2017 10:44am EDT 

Turcas Petrol : Signs memorandum of understanding with Innogy SE to collaborate in renewable energy projects in solar and wind power as well as energy storage investments .Says MoU is without geographical limitation and expiry date.  Full Article

UPDATE 1-Lawmakers call for competition inquiry into SSE/Innogy UK merger

LONDON, Dec 4 British lawmakers called on Monday for a competition inquiry into the proposed merger between SSE and Innogy's UK retail energy businesses.