Energy company E.ON says integration of former rival innogy makes “good progress”
Germany energy company E.ON has said it has reached the first “major decisions” in the planned integration of former rival company innogy into its own company structures. In a press release, the company said it would continue to run by the name E.ON in the future and leave the regional structures of innogy largely intact. The latest decisions will be implemented once the merger of the two companies that had come as a surprise to many observers in March 2018 have been approved by regulatory agencies.
Find the press release in English here.
For background, read the CLEW article RWE and E.ON overhaul power sector - German reactions to innogy deal, the dossier Utilities and the energy transition, and the factsheet Germany’s largest utilities at a glance.