E.ON and RWE: two European energy companies focus their activities

E.ON will be transformed into a highly focused provider of European energy networks and state-of-the-art customer solutions, ideally positioned to drive Europe’s energy transition by innovation. This transformation anticipates the rising and legitimate demands of its customers in Germany and Europe, for instance in electro-mobility or the increasing interconnectedness of production and offers in regional energy networks. RWE will become a leading European electricity producer by means of renewable energy with attractive growth potential, optimally combined with security of supply through its conventional power plants and energy trading. E.ON to acquire RWE’s 76.8 percent stake in innogy. Via an asset exchange, RWE will receive substantially all of E.ON’s renewables activities,

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