E.ON

Companies, In Europe, Markets 19th August 2024

E.ON maintains guidance for this year and 2028 Strategic Plan: network investments to drive medium-term growth

Bankinter: E.ON maintains guidance for the year and 2028 targets. Investments in networks will drive medium-term growth. Buy. Key figures compared to consensus: Adjusted EBITDA €4,868m (-14%) versus €4,856m est; Adjusted EBITDA €1,754m (-24%) versus €1,790m est; Net Debt €40,829m versus €37,691m in December 2023. The management team reiterates 2024 guidance and 2028 targets. Opinion of Bankinter’s analysis team: Results meet estimates and the management team reiterates the guidance for…

Companies, European economy 23rd May 2023

E.ON could sell npower, one of UK’s largest electricity retailers for industrial users

Santander | E.ON is reportedly considering the sale of npower, one of the largest electricity traders serving industrial users in the United Kingdom. According to the article that reports this, Centrica and ScottishPower have announced in recent months their intention to exit from marketing to large corporate customers due to high price volatility and low margins. Assessment: E.ON acquired npower from innogy in 2019 and subsequently transferred npower’s residential and…

Markets 13th March 2018

The Deal Between RWE And E.ON Ends The Existence Of Integrated Companies In Germany’s Energy Sector

German energy firms RWE and E.ON have announced an exchange of assets as part of a major deal which will transform the country’s electricity sector and could be worth some 20-22 billion euros (which according to Alphavalue’s calculations corresponds to an EV of 43 billion euros: market cap + debt).

In Europe 16th July 2014

E.ON sells its Spanish business at Ebitda 10x

MADRID | The Corner | Citi will be the senior advisor in the business, whose preliminary assessment goes up to €3 billion. The major stakeholders would be Energía Villar Mir, EDP and several funds (such as KKR, Riverstone, Brookfield, Blackstone and JPMorgan’s infrastructure fund).