E.ON brand turns its back on fossil fuels

E.ON brand turns its back on fossil fuels

E.ON, Germany’s largest utility, has announced plans to spin off its thermal power generation assets, in an attempt to adapt to the changing dynamics of the country’s electricity landscape. The restructure will see its fossil fuel generating assets spun off into a new public company in 2016, with the remaining company focusing on renewable energy, distribution and direct services to household and commercial consumers.

Source: PV-Magazine

Date: December 2014

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