"Navigating troubled waters"
Frankfurter Allgemeine Zeitung
E.ON’s path to a new energy age is paved in red ink, Helmut Bünder writes in Frankfurter Allgemeine Zeitung. E.ON’s initial public offering of its conventional energy unit Uniper in September could decide whether the company continues to bleed. Uniper write-downs have cost E.ON billions and without a capital increase it cannot afford its mandatory payments to the state-administered fund to finance nuclear waste storage. The company is also facing more troubles due to low interest rates, which are forcing it to increase its pension provisions.
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