E.ON installs one of the largest charging networks in Germany for the BMW Group Half of the more than 4,100 charging points will also be publicly accessible E.ON has received a major order from the BMW Group: The company will install and operate one of the largest charging networks in Germany at BMW Group locations. […]
E.ON transfers renewables business to RWE
Another step in the transaction to acquire and integrate innogy E.ON will continue to offer customers individually tailored renewables solutions As part of the transaction to acquire and integrate innogy, E.ON today transferred its renewables business to RWE. For E.ON, the disposal of E.ON Climate & Renewables marks the end of an extraordinary success story. […]
E.ON Signs Innovative Virtual Power Purchase Agreement with Honda for Offtake from Boiling Springs Wind Farm in Oklahoma
Honda-E.ON deal part of largest-ever renewable energy purchase by automotive industry E.ON’s innovative “collar” financing structure provides flexibility, expands market for commercial & institutional renewable energy customers AUSTIN, Texas : As part of the largest-ever renewable energy purchase by the automotive industry, E.ON today announced that it has signed an agreement with Honda for offtake […]
E.ON successfully raises €1.5 billion of Green Bonds
Bond issuance to fund sustainable infrastructure and energy efficiency projects Green Bonds meet very high investor demand Low coupons reduce E.ON’s average financing costs Today E.ON issued two Green Bond tranches of €750 million each. The high level of demand enabled E.ON to secure favorable interest terms across both maturities: €750 million bond maturing in […]
E.ON announces 440 MW South Texas Windfarm
Largest single-phase project in portfolio will begin construction later this year AUSTIN : E.ON announced today its largest single-phase project to date, the 440 megawatt (MW) onshore windfarm, Big Raymond. The development is located in Willacy, Cameron and Hidalgo counties. The project benefits from a 12-year power purchase agreement with Austin Energy for 200 MW. […]
E.ON celebrates grand opening of Stella Wind Farm
Project represents investment of more than $200 million in Kenedy County AUSTIN, Texas: E.ON today celebrated the grand opening of its Stella Wind Farm, a 201 megawatt (MW) project, located in Kenedy County, Texas. “In addition to creating high-paying local jobs, the Stella Wind Farm will generate more than $25 million in local community benefits over the life […]
E.ON’s move to supply 100% renewable electricity signals changing trend in UK power market, says GlobalData
E.ON’s move to supply its residential customers with 100% renewable electricity can potentially influence the *Big Six to move towards renewable energy and signals a changing trend in the UK power market, says GlobalData, a leading data and analytics company. With the UK aiming to phase out all its coal-fired plants by 2025, the Big […]
Landis+Gyr secures major contract with E.ON in Sweden
Landis+Gyr to deliver second wave Swedish smart meter rollout ZUG, Switzerland : Landis+Gyr (Swiss: LAND.SW), a global leader in transforming the way energy is managed, will deliver its Gridstream® Connect solution for one million metering points to E.ON in Sweden. With the contract, E.ON transitions to second generation smart metering technology for excelling customer service […]
E.ON chief says Germany should charge CO2 tax, but spare consumers
The CO2 tax topic is salient as Germany is battling to meet climate targets, with its car sector is emitting more carbon dioxide rather than less than in 1990 FRANKFURT: E.ON Chief Executive Johannes Teyssen on Tuesday proposed a carbon dioxide tax of 35 euros ($39.34) a tonne that would widen the burden-sharing for climate […]
E.ON’s renewables, Turkey business offset weak retail profits
First-quarter adjusted earnings before interest and tax (EBIT) declined 8% to 1.67 billion euros ($1.88 billion), beating the 1.64 billion average forecast in a Reuters poll FRANKFURT: German energy firm E.ON on Monday said that higher profits from wind parks and hydroelectric plants in Turkey offset a sharp drop in earnings at its British retail […]