“Power moves”
Handelsblatt Global Edition
The operating results presented by Germany’s most powerful energy executives, Peter Terium and Johannes Teyssen, could not be more different, writes Jürgen Flauger in a commentary for Handelsblatt. While Mr Terium announced net profits of 1.5 billion euros for Innogy, on Wednesday, Mr Teyssen of E.ON was forced to report record losses. “Still, Mr Terium has only decisively won the first round. Over the long term, Mr Teyssen could still come out on top in the rivalry, as the head of E.ON chose the more painful, but also the more radical path.”
Read the commentary in English (behind paywall) here.
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