E.ON needs cash for investments and is accountable to its shareholders
Handelsblatt
E.ON needs the money of a potential Uniper sale for investments in wind and solar energy, and to compete with energy start-ups and the likes of Google, write Jürgen Flauger und Franz Hubik in an article in Handelsblatt. The company is accountable to its shareholders, rather than to last year’s promise to grant Uniper independence. Analysts tell the paper the deal is attractive both for E.ON and Uniper shareholders, while Uniper management would lose out.
Find the Handelsblatt article (behind paywall) here.
Find background in the CLEW dossier Battered utilities take on start-ups in innovation race, and the factsheet Germany’s largest utilities at a glance.
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