E.ON SE (EONGn.DE)
9 Dec 2016
DUESSELDORF, Germany Germany's highest court will decide next year on complaints brought by utilities against a tax on nuclear fuel rods, a spokesman said on Thursday, in a further challenge to the government's energy policy.
FRANKFURT E.ON sees limited scope for compensation claims following a court ruling related to Germany's nuclear exit that paves the way for utilities to try to reclaim money, its chief executive told brokerage Bernstein in an interview.
FRANKFURT Germany's Constitutional Court ruled on Tuesday that the government's decision to accelerate the shutdown of nuclear plants violated some property rights, paving the way for damage claims by utilities and sending their shares higher.
FRANKFURT Germany utility E.ON on Tuesday said it was not expecting payments soon after the country's constitutional court ruled that nuclear operators were to be compensated for government decisions in 2011 that work towards speeding withdrawal from nuclear power.
FRANKFURT, Nov 25 German utility E.ON has renewed the mandates of investment banks and lawyers to help to protect it from potential hostile takeovers, it said on Friday.
COPENHAGEN/FRANKFURT European renewable stocks fell sharply on Wednesday after Donald Trump won the U.S. presidential election, hit by concerns that his plans to promote coal and other fossil fuels will come at the expense of renewable energy investment.
FRANKFURT, Nov 9 German energy group E.ON will keep expanding its renewable business in the Unites States, its chief financial officer told journalists, adding it was too early to assess the impact Donald Trump's election win would have.
FRANKFURT E.ON , Germany's second-largest energy group, posted its third record loss in as many years, battered by a fresh round of writedowns on Uniper , the power plant and energy-trading unit it spun off in September.
PARIS, Nov 4 German utility E.ON has halved its renewable energy investment pipeline to 5 gigawatts from 10 GW last year as changing regulation makes the outlook for large projects less certain, the head of E.ON's renewables unit said on Friday.
AMSTERDAM/FRANKFURT Talks to restructure Urenco broke down after German utilities E.ON and RWE, which hold a third in the uranium enrichment firm, refused to agree to a deal that would have prevented a lucrative stock market listing in the future.