News Digest Item
09 Aug 2017

“E.ON to raise dividend after 5 billion euro debt reduction”

Financial Times

German energy company E.ON said it would increase its dividend next year after a huge government refund on nuclear-fuel tax allowed it to reduce debt by nearly 5 billion euros, writes Guy Chazan for Financial Times. “By continuing to systematically implement our debt-reduction programme, we’ll be well on our way toward achieving the flexibility to increase our dividend,” said E.ON’s CEO Johannes Teyssen in a press release.

Read the article in English here and find E.ON’s press release in English here.

For background, read the CLEW dossier Utilities and the energy transition.

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