E.ON — Mediated Wiki

{{Short description|German multinational electric utility}} {{confused|eon (disambiguation){{!}}EOn}} {{Use dmy dates|date=October 2021}} {{Infobox company | name = E.ON SE | logo = Logo E.ON.svg | image = EON-Ruhrgas-Zentrale Essen.jpg | image_caption = E.ON's corporate headquarters in Essen, Germany | type = Public | traded_as = {{FWB|EOAN}} DAX Component | predecessor = {{unbulleted list|VEBA|VIAG|PreussenElektra}} | successor = | founder = | defunct = | fate = | former_names = E.ON AG (2000-2012) | area_served = Europe United States | key_people = Leonhard Birnbaum (CEO and chairman of the executive board) Karl-Ludwig Kley (chairman of the supervisory board) | industry = Electric utility | products = Electrical power natural gas | services = Electricity generation and distribution natural gas exploration, production, transportation and distribution | revenue = {{increase}} {{Euro|115.66 billion|link=yes}} (2022)<ref name="GB2022">{{cite web|title=Annual Report 2022 |website=E.ON |url=https://www.eon.com/content/dam/eon/eon-com/eon-com-assets/documents/investor-relations/en/annual-report/GB2022_gesamt_EN_final.pdf}}</ref> | operating_income = {{decrease}} {{Euro|2.242 billion}} (2022)<ref name="GB2022" /> | net_income = {{increase}} {{Euro|2.728 billion}} (2022)<ref name="GB2022" /> | assets = {{increase}} {{euro|134.009 billion}} (2022)<ref name="GB2022"/> | equity = {{increase}} {{euro|21.867 billion}} (2022)<ref name="GB2022" /> | num_employees = 69,378 (2022)<ref name="GB2022" /> | subsid = E.ON Ruhrgas E.ON UK E.ON Sverige | foundation = {{Start date and age|df=yes|2000}} | location_city = Essen | location_country = Germany | homepage = {{URL|www.eon.com}} }}

'''E.ON SE'''<ref>{{cite web|url=https://www.eon.com/en/about-us.html|title=The E.ON Group: a unique company |website=E.ON |access-date=14 April 2026}}</ref> is a European multinational electric utility company based in Essen, Germany. It operates as one of the world's largest investor-owned electric utility service providers. The name originates from the Latin word ''aeon'', derived from the Greek αἰών ''aion'', which means ''age'' or "infinity", with the period being added to create secondary meanings of "energy" (E) and "illumination" (ON).<ref>{{cite web|url=http://www.eon.com/en/infoservice/32944.jsp|title=Questions and Answers about E.ON Group – What does E.ON mean? |website=E.ON |access-date=14 April 2026|url-status=dead|archive-url=https://web.archive.org/web/20120104000930/http://www.eon.com/en/infoservice/32944.jsp|archive-date=4 January 2012}}</ref> The company is a component of the DAX stock index.<ref>{{cite web |url=https://live.deutsche-boerse.com/indices/dax/constituents |title=DAX Index Constituents |access-date=14 April 2026 |website=deutsche-boerse.com |language=en}}</ref>

It operates in over 30 countries and has over 50 million customers.<ref>{{cite web|url=https://www.eon.com/en/about-us.html|title=The E.ON Group: a unique company |website=E.ON |access-date=14 April 2026}}</ref> Its chief executive officer is Leonhard Birnbaum.<ref>{{cite web|url=https://www.eon.com/en/ueber-uns/management.html|title=Members of the Board Management & Supervisory Board |website=E.ON |access-date=14 April 2026}}</ref> E.ON was created in 2000 through the merger of VEBA and VIAG.

In 2016, it separated its conventional power generation and energy trading operations into a new company, Uniper, while retaining retail, distribution and nuclear operations.<ref name=DW>{{cite news|title=E.ON ditches nuclear spin-off plan|url=http://www.dw.com/en/eon-ditches-nuclear-spin-off-plan/a-18707865|access-date=14 April 2026|work=Deutsche Welle |date=10 September 2016}}</ref> E.ON sold its stake in Uniper through a stock market listing<ref name=dw120916/> and sold the remaining stock to the Finnish utility Fortum.

In March 2018, it was announced that E.ON would acquire the utility portion of renewable energy utility Innogy through a complex €43 billion asset swap deal between E.ON, Innogy and RWE.<ref name="ft1110318"/><ref name=bloomberg110318/> The deal was approved by the EU antitrust authorities in September 2019, with final execution taking place in July 2020.<ref name=":0">{{Cite news|url=https://www.reuters.com/article/us-innogy-m-a-e-on-eu-idUSKBN1W20S2|title=E.ON to tackle Npower after EU clears Innogy takeover|date=17 September 2019|work=Reuters|access-date=14 April 2026|language=en}}</ref>

In 2019, E.ON became the first of the "Big Six" UK power companies to switch all of its British electricity customers entirely to renewable electricity.<ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2019-07-09/eon-switches-millions-of-u-k-customers-to-100-renewable-power|title=EON Switches All U.K. Customers to 100% Renewable Power|last=Hodges|first=Jeremy|date=9 July 2019|access-date=14 April 2026|publisher=Bloomberg|language=en}}</ref> However the company still owns coal power in Turkey.<ref name=":1">{{Cite web |date=2021 |title=Facts & Figures |website=E.ON |url=https://www.eon.com/content/dam/eon/eon-com/eon-com-assets/documents/investor-relations/en/presentations/210324_Facts_and_Figures_final.pdf}}</ref>{{Rp|page=48}}

In 2020, E.ON UK announced that it would be migrating customers over to a new subsidiary brand called E.ON Next. E.ON Next also has two million migrated customers from commercial energy firm Npower and Powershop after acquiring both companies.<ref>{{Cite web|title=StackPath|url=https://www.choose.co.uk/news/2021/npower-customers-migrated-eon-next-platform/|access-date=14 April 2026|website=www.choose.co.uk}}</ref>

==History== E.ON came into existence in 2000 through the merger of energy companies VEBA and {{Interlanguage link|VIAG (company)|lt=VIAG|qid=Q2506037}} (''Vereinigte Industrieunternehmungen AG'', "United Industrial Enterprises Corporation"). In the United Kingdom, Powergen was acquired by E.ON in January 2002.<ref>{{cite news|url=https://www.nytimes.com/2001/04/10/business/world-business-briefing-europe-eon-to-buy-powergen.html|title=WORLD BUSINESS BRIEFING – EUROPE – E.ON TO BUY POWERGEN – NYTimes.com|date=10 April 2001|website=Query.nytimes.com|access-date=14 April 2026}}</ref> In 2003 E.ON entered the gas market through the €10.3 billion acquisition of Ruhrgas (later: E.ON Ruhrgas).<ref>{{cite news |last=Pohl |first=Otto |date=6 July 2002 |title=INTERNATIONAL BUSINESS; E.ON, German Energy Giant, to Acquire Big Gas Distributor |work=The New York Times |url=https://www.nytimes.com/2002/07/06/business/international-business-eon-german-energy-giant-to-acquire-big-gas-distributor.html |access-date=24 April 2026 |language=en-US |issn=0362-4331}}</ref> E.ON Ruhrgas was represented in more than 20 countries in Europe.

E.ON also acquired Sydkraft in Sweden<ref>{{cite web |url=https://www.powerengineeringint.com/2001/04/11/eon-granted-eu-approval-for-swedish-utility-acquisition/ |title=E.ON granted EU approval for Swedish utility acquisition |date=11 April 2001 |website=Power Engineering International |language=en-US |access-date=24 April 2026 |archive-date=10 January 2021 |archive-url=https://web.archive.org/web/20210110180604/https://www.powerengineeringint.com/world-regions/europe/eon-granted-eu-approval-for-swedish-utility-acquisition/ |url-status=dead}}</ref> and OGK-4 (now: Unipro) in Russia. Sydkraft, Powergen, and OGK-4 were rebranded to E.ON Sverige, E.ON UK, and E.ON Russia respectively. In the United States, E.ON inherited Louisville, Kentucky-based Louisville Gas & Electric Energy, via the acquisition of Powergen, and operated it as E.ON US, until 2010, when E.ON US was sold to Allentown, Pennsylvania-based PPL Corporation for $7.625 billion. The sale was closed on 1 November 2010, with E-ON US becoming LG&E and KU Energy.<ref>{{cite web |url=http://pplweb.mediaroom.com/index.php?s=12270&item=17850 |title=PPL Completes Acquisition of Two Kentucky Utility Companies |website=Pplweb.mediaroom.com |date=1 November 2010 |access-date=24 April 2026 |language=en-US}}</ref>

E.ON attempted to acquire Endesa in 2006, however this acquisition was overtaken by a joint bid from Italian utility Enel in conjunction with Spanish company Acciona. E.ON acquired about €10 billion of assets that the enlarged Enel was required to divest under EU competition rulings.<ref>{{cite news |last=Milner |first=Mark |url=https://www.theguardian.com/business/2007/apr/03/spain |title=Eon drops out of Endesa fight |work=The Guardian |date=3 April 2007 |access-date=24 April 2026 |language=en-GB}}</ref>

In July 2009, the European Commission fined GDF Suez and E.ON €553 million each over arrangements on the MEGAL pipeline.<ref name="ft080709">{{cite news |last=Tait |first=Nikki |url=https://www.ft.com/content/3bc0a53c-6b9f-11de-9320-00144feabdc0 |archive-url=https://ghostarchive.org/archive/20221211221210/https://www.ft.com/content/3bc0a53c-6b9f-11de-9320-00144feabdc0 |archive-date=11 December 2022 |url-access=subscription |url-status=live |title=Brussels fines GDF and Eon €1.1bn |work=Financial Times |date=8 July 2009 |access-date=24 April 2026 |language=en-GB}}</ref><ref name="wsj080709">{{cite news |last=Mitchell |first=Adam |url=https://www.wsj.com/article/BT-CO-20090708-703945.html |title=GDF Suez: To Appeal EU Antitrust Decision On Pipeline |work=The Wall Street Journal |date=8 July 2009 |access-date=24 April 2026 |language=en-US |url-status=dead |archive-url=https://web.archive.org/web/20090813213532/http://online.wsj.com/article/BT-CO-20090708-703945.html |archive-date=13 August 2009}}</ref> By that time it was the second biggest fine imposed by the European Commission and the first in the energy sector.<ref name=ft080709/><ref name="guardian080709">{{cite news |last=Traynor |first=Ian |url=https://www.theguardian.com/business/2009/jul/08/gas-company-fines-european-commission |title=Brussels levies €1.1bn fine on gas pact pair |work=The Guardian |date=8 July 2009 |access-date=24 April 2026 |language=en-GB}}</ref>

In 1975, Ruhrgas and Gaz de France concluded a deal according to which they agreed not to sell gas in each other's home market. The deal was abandoned in 2005.<ref name=ft080709/>

In 2009, E.ON and RWE established an equally owned joint venture Horizon Nuclear Power to develop around 6,000 MWe of new nuclear capacity in the United Kingdom by 2025 at the Wylfa and Oldbury sites. However, in March 2012 E.ON and RWE announced they were pulling out of the project due to difficult financial conditions.<ref name="wnn290312">{{cite news |url=http://www.world-nuclear-news.org/NN-RWE_EOn_pull_plug_on_UK_nuclear_plans-2903124.html |title=RWE, EOn pull plug on UK nuclear plans |work=World Nuclear News |date=29 March 2012 |access-date=24 April 2026 |language=en |url-status=dead |archive-url=https://web.archive.org/web/20120404054439/http://www.world-nuclear-news.org/NN-RWE_EOn_pull_plug_on_UK_nuclear_plans-2903124.html |archive-date=4 April 2012}}</ref>

In August 2011, the company announced a possible loss of 10,000 of its 85,600 employees due to the German decision to close all the country's nuclear power stations by 2022, instead of by 2036 as the Bundestag had decided on 28 October 2010.<ref>{{cite news |url=https://www.ft.com/content/31477630-c0fc-11e0-b8c2-00144feabdc0 |title=Eon may detail job cuts |work=Financial Times |date=7 August 2011 |access-date=24 April 2026 |language=en-GB |url-access=subscription |url-status=dead |archive-url=https://web.archive.org/web/20210110180502/https://www.ft.com/content/31477630-c0fc-11e0-b8c2-00144feabdc0 |archive-date=10 January 2021}}</ref><ref>{{cite web |url=http://www.bundestag.de/dokumente/textarchiv/2010/32009392_kw43_de_atompolitik/index.html |title=Laufzeitverlängerung von Atomkraftwerken zugestimmt |publisher=Deutscher Bundestag |date=28 October 2010 |access-date=24 April 2026 |language=de |url-status=dead |archive-url=https://web.archive.org/web/20140228021329/http://www.bundestag.de/dokumente/textarchiv/2010/32009392_kw43_de_atompolitik/index.html |archive-date=28 February 2014}}</ref>

In May 2014, the UK energy sector regulator Ofgem ordered the company to pay 330,000 of its customers a total of £12 million due to poor sales practices the company engaged in between June 2010 and December 2013. At the time it was the largest penalty levied against a UK energy supplier.<ref name="OfgemPenalty">{{cite news |title=E.On to reimburse 12mn pounds to customers for mis-selling power |url=http://www.theuknews.com/index.php/sid/222063701/scat/0f440bf3fff89f01/ht/EOn-to-reimburse-12mn-pounds-to-customers-for-mis-selling-power |work=The UK News |date=16 May 2014 |access-date=24 April 2026 |language=en-GB |url-status=dead |archive-url=https://web.archive.org/web/20140518024613/http://www.theuknews.com/index.php/sid/222063701/scat/0f440bf3fff89f01/ht/EOn-to-reimburse-12mn-pounds-to-customers-for-mis-selling-power |archive-date=18 May 2014}}</ref>

In November 2014, E.ON announced it would abstain from fossil energy in the future.<ref>{{cite news |last=Balser |first=Markus |url=http://www.sueddeutsche.de/politik/energiekonzern-eon-gibt-atomenergie-kohle-und-gas-auf-1.2246336 |title=Energiekonzern: Eon gibt Atomenergie, Kohle und Gas auf |work=Süddeutsche Zeitung |date=30 November 2014 |access-date=24 April 2026 |language=de |issn=0174-4917}}</ref> It transferred its fossil energy businesses into a new company, Uniper, which started operating on 1 January 2016.<ref>{{cite news |url=https://www.welt.de/newsticker/dpa_nt/infoline_nt/wirtschaft_nt/article140184984/Eon-zieht-nach-Essen-Neue-Gesellschaft-heisst-Uniper.html |title=Eon zieht nach Essen – Neue Gesellschaft heißt Uniper |work=Die Welt |date=27 April 2015 |access-date=24 April 2026 |language=de}}</ref><ref>{{cite web |url=https://www.manager-magazin.de/unternehmen/energie/eons-kernspaltung-klaus-schaefer-fuehrt-neue-gesellschaft-uniper-a-1030938.html |title=Eons Kernspaltung – mit "Uniper" soll alles besser werden |work=Manager Magazin |date=27 April 2015 |access-date=24 April 2026 |language=de}}</ref> E.ON sold a 53% stake in the business through a listing on the Frankfurt Stock Exchange in September 2016.<ref name="dw120916">{{cite news |title=Uniper shares get off to volatile market debut |url=http://www.dw.com/en/uniper-shares-get-off-to-volatile-market-debut/a-19544654 |work=Deutsche Welle |date=12 September 2016 |access-date=24 April 2026 |language=en}}</ref> In 2017, it agreed to sell its remaining stake in Uniper to the Finnish power company Fortum.<ref name="ft1110318" /> The deal was finalized in June 2018, and Uniper continues to operate as an independent entity.<ref>{{cite news |url=https://www.reuters.com/article/us-uniper-m-a-fortum-oyj-idUSKBN1WQ1RO |title=Uniper remains independent for now despite Fortum push: CEO |work=Reuters |date=11 October 2019 |access-date=24 April 2026 |language=en}}</ref> However E.ON still owns coal power in Turkey,<ref name=":1" />{{Rp|page=48}} through its 50% share of Enerjisa.<ref>{{cite web |url=https://www.enerjisa.com.tr/en/about-enerjisa/shareholders |title=Shareholders |work=Enerjisa |access-date=24 April 2026 |language=en}}</ref>

In July 2018, E.ON announced that 500 jobs would be lost in the United Kingdom, blaming the energy price cap due to be implemented by Ofgem.<ref name="job losses">{{cite news |url=https://www.theguardian.com/business/2018/aug/01/eon-to-cut-500-uk-jobs-as-it-prepares-for-energy-price-cap |title=E.ON to cut 500 UK jobs as it prepares for energy price cap |work=The Guardian |date=1 August 2018 |access-date=24 April 2026 |language=en-GB}}</ref>

In November 2020, E.ON announced that in the next two years, almost 700 jobs will be cut due to the migration of customers to the new platform that will be completed by the end of 2022.<ref>{{cite news |last=Giordano |first=Chiara |url=https://www.independent.co.uk/news/business/eon-job-losses-redundancies-renewable-energy-b1747436.html |title=E.On to cut almost 700 jobs in next two years: Renewable energy giant says job losses will be mainly in support and management roles |work=The Independent |date=19 November 2020 |access-date=25 April 2026 |language=en-GB}}</ref>

In 2021, E.ON was ranked no. 56 in the Arctic Environmental Responsibility Index (AERI) that covers 120 oil, gas, and mining companies involved in resource extraction north of the Arctic Circle.<ref>{{cite journal |last1=Overland |first1=Indra |last2=Bourmistrov |first2=Anatoli |last3=Dale |first3=Brigt |last4=Irlbacher‐Fox |first4=Stephanie |last5=Juraev |first5=Janarbek |last6=Podgaiskii |first6=Eduard |last7=Stammler |first7=Florian |last8=Tsani |first8=Stella |last9=Vakulchuk |first9=Roman |last10=Wilson |first10=Emma C. |date=1 May 2021 |title=The Arctic Environmental Responsibility Index: A method to rank heterogenous extractive industry companies for governance purposes |journal=Business Strategy and the Environment |volume=30 |issue=4 |pages=1623–1643 |doi=10.1002/bse.2698 |url=https://onlinelibrary.wiley.com/doi/10.1002/bse.2698 |access-date=25 April 2026 |language=en}}</ref>

Minister of Energy and Natural Resources of the Republic of Turkey Berat Albayrak attended the public offering gong ceremony of Enerjisa Enerji AŞ, whose shareholders are Hacı Ömer Sabancı Holding and German energy company E.ON.

Minister Berat Albayrak stated that the existence of a financially strong, stable and transparent energy market is a must for a solid economy, and drew attention to the fact that an average of 55 billion dollars of energy imports have been realized annually in the last 10 years.<ref>{{cite web |url=https://enerji.gov.tr/haber-detay?id=262 |title=Minister Albayrak: "Stable energy market a must for a solid economy" |work=Turkish Ministry of Energy and Natural Resources |date=14 June 2017 |access-date=25 April 2026 |language=en}}</ref>

In May 2026, E.ON announced it had reached an agreement to acquire UK supplier OVO Energy, with transaction closure expected in the second half of the year, subject to regulatory approval. The combined company would be Britain's largest energy supplier.<ref>{{Cite news |last=Kollewe |first=Julia |date=2026-05-11 |title=E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier |url=https://www.theguardian.com/business/2026/may/11/eon-to-buy-ovo-deal-create-uk-biggest-energy-supplier |access-date=2026-05-11 |work=The Guardian |language=en-GB |issn=0261-3077}}</ref>

==Asset swap with RWE== In March 2018, it was announced that E.ON would acquire renewable energy utility Innogy from its controlling shareholder RWE. The deal resulted in E.ON becoming a pure retail and distribution company. This was achieved through a complex €43 billion asset swap deal between E.ON, Innogy and RWE, where E.ON took over Innogy's retail and distribution business, while RWE took over both Innogy's renewable energy generation portfolio as well as E.ON's remaining energy generation assets. In addition, RWE took a 16.7% stake in E.ON and E.ON received a cash payment of €1.5 billion.<ref name="ft1110318">{{cite news |last1=Massoudi |first1=Arash |last2=Buck |first2=Tobias |url=https://www.ft.com/content/f6952a70-24a7-11e8-b27e-cc62a39d57a0 |title=Eon to acquire Innogy in €43bn deal with RWE |work=Financial Times |date=11 March 2018 |access-date=25 April 2026 |language=en |url-access=subscription |url-status=live |archive-url=https://ghostarchive.org/archive/20221211221243/https://www.ft.com/content/f6952a70-24a7-11e8-b27e-cc62a39d57a0 |archive-date=11 December 2022}}</ref><ref name="bloomberg110318">{{cite news |url=https://www.bloomberg.com/news/articles/2018-03-11/eon-agrees-to-buy-rwe-s-innogy-upending-german-utility-industry |title=EON to Acquire RWE's Innogy, Transforming German Energy Industry |last1=Henning |first1=Eyk |last2=Kirchfeld |first2=Aaron |last3=Nair |first3=Dinesh |last4=Baigorri |first4=Manuel |date=11 March 2018 |work=Bloomberg News |access-date=26 April 2026 |language=en}}</ref> The deal was finalized in September 2019.<ref name=":0" />

==Financial data== The key trends for E.ON are (as at the financial year ending 31 December):<ref>{{cite web |title=E.ON Bilanz, Gewinn und Umsatz |url=https://www.wallstreet-online.de/aktien/eon-aktie/bilanz |access-date=26 April 2026 |website=wallstreet-online.de |language=de}}</ref><ref>{{cite web |title=E.ON Fundamentalanalyse: KGV und Kennzahlen |url=https://www.boerse.de/fundamental-analyse/EON-Aktie/DE000ENAG999 |access-date=26 April 2026 |website=boerse.de |language=de}}</ref> {| class="wikitable" style="text-align:center;" !Year !Revenue (€ bn) !Net Income (€ bn) !Assets (€ bn) !Employees !Sources |- |2013 |124 |2.5 |130 |61,327 | |- |2014 |113 |−2.9 |125 |58,503 | |- |2015 |117 |−6.3 |113 |56,490 | |- |2016{{Efn|transfer of the fossil energy businesses into a new company, Uniper, which started operating on 1 January 2016}} |39.1 |−8.4 |63.6 |42,595 | |- |2017 |38.9 |3.9 |55.9 |42,657 | |- |2018 |30.2 |3.2 |54.3 |43,302 |<ref>https://www.eon.com/content/dam/eon/eon-com/investors/annual-report/GB18_US_final.pdf {{Bare URL PDF|date=March 2022}}</ref> |- |2019{{Efn|Asset swap with RWE, integration of Innogy}} |41.0 |1.5 |98.5 |78,948 |<ref>https://www.eon.com/content/dam/eon/eon-com/investors/annual-report/GB19_US_final.pdf {{Bare URL PDF|date=March 2022}}</ref> |- |2020 |60.9 |1.0 |95.3 |78,126 | |- |2021 |77.3 |4.6 |119 |69,733 | |- |2022 |115 |1.8 |134 |69,378 | |- |2023 |93.6 |0.51 |113 |71,629 | |- |2024 |80.1 |4.5 |111 |75,046 | |- |2025 |78.4 |3.0 |116 |76,800 |<ref>{{cite web |url=https://www.eon.com/en/investor-relations/financial-publications/annual-report.html |title=Annual Report 2025 |website=eon.com |publisher=E.ON SE |date=25 February 2026 |access-date=26 April 2026 |language=en}}</ref> |}

==Operations== E.ON is one of the major public utility companies in Europe and the world's largest investor-owned energy service provider. As result of mergers, E.ON inherited the subsidiaries of VEBA, VIAG and Ruhrgas in Central and Eastern Europe. E.ON is present in most of Scandinavia.

E.ON is organized into the following business areas: * Customer Solutions * Energy Networks * Renewables

===Nuclear energy=== {{main|PreussenElektra (nuclear energy company)}} E.ON subsidiary PreussenElektra GmbH operates the Brokdorf, Grohnde, and Isar 2 nuclear power plants.<ref>{{cite web |url=https://www.nuklearesicherheit.de/en/nuclear-facilities/nuclear-power-plants-in-germany/brokdorf-nuclear-power-plant/ |title=Brokdorf nuclear power plant |website=Nukleare Sicherheit |access-date=26 April 2026 |language=en}}</ref><ref>{{cite web |url=https://www.nuklearesicherheit.de/en/nuclear-facilities/nuclear-power-plants-in-germany/grohnde-nuclear-power-plant/ |title=Grohnde nuclear power plant (KWG) |website=Nukleare Sicherheit |publisher=Federal Office for the Safety of Nuclear Waste Management |access-date=27 April 2026 |language=en}}</ref><ref>{{cite web |url=https://www.nuklearesicherheit.de/en/nuclear-facilities/nuclear-power-plants-in-germany/isar-2-nuclear-power-plant/ |title=Isar 2 nuclear power plant |website=Nukleare Sicherheit |publisher=Federal Office for the Safety of Nuclear Waste Management |access-date=27 April 2026 |language=en}}</ref> It is decommissioning Isar 1, Grafenrheinfeld, Unterweser, Stade and Würgassen nuclear power plants.<ref name="wnn070218">{{cite news |url=http://www.world-nuclear-news.org/RS-Unterweser-gets-decommissioning-approval-07021801.html |title=Unterweser gets decommissioning approval |work=World Nuclear News |date=7 February 2018 |access-date=27 April 2026 |archive-url=https://web.archive.org/web/20180207160806/http://www.world-nuclear-news.org/RS-Unterweser-gets-decommissioning-approval-07021801.html |archive-date=7 February 2018 |url-status=dead |language=en}}</ref> It also holds minority stakes in the RWE-operated Gundremmingen and Emsland NPPs. According to the assets swap deal between E.ON and RWE, RWE will acquire these minority stakes.

===Windfarm projects=== E.ON was a major wind energy player across multiple countries. In October 2019, the renewable energy division EC&R was sold to competitor RWE. The sale included EC&R's assets in the UK, Sweden, Germany, Poland and the US.<ref>{{cite web |url=http://www.eon.com/en/about-us/structure/company-finder/e-dot-on-renewables.html |title=E.ON Climate & Renewables GmbH – E.ON SE |website=Eon.com |date=15 December 2011 |access-date=27 April 2026 |archive-url=https://web.archive.org/web/20160303091311/http://www.eon.com/en/about-us/structure/company-finder/e-dot-on-renewables.html |archive-date=3 March 2016 |url-status=dead |language=en}}</ref> Notably E.ON UK, owned 30% of the London Array project, which is a 630 MW wind generation farm in the Thames estuary.<ref>{{cite web |url=https://www.power-technology.com/projects/london-array/ |title=London Array Offshore Wind Farm, Thames Estuary |website=Power Technology |access-date=27 April 2026 |language=en-GB}}</ref> Another notable wind farm is Roscoe, which was the largest in the world at the time of completion, and for a number of years afterwards.<ref>{{cite web |url=https://www.power-technology.com/projects/roscoe-wind-farm/ |title=The Roscoe Wind Farm Project, Texas, US: Built in four phases, the Roscoe wind farm in West Texas has been fully operational since October 2009 |website=Power Technology |access-date=27 April 2026 |language=en-GB}}</ref>

===Coal=== Tufanbeyli coal fired power station in Turkey, is 50% owned by E.ON.<ref>{{cite web |date=24 March 2021 |title=Facts & Figures |url=https://www.eon.com/content/dam/eon/eon-com/eon-com-assets/documents/investor-relations/en/presentations/210324_Facts_and_Figures_final.pdf |website=E.ON |access-date=27 April 2026 |format=PDF |language=en}}</ref>{{Rp|page=48}}

===Business services=== E.ON Digital Technology (previously E.ON Business Services until January 2019, E.ON IT and is:energy) is the IT service provider of the energy company E.ON. It bundles business services for finance and HR as well as IT under a single roof and employs around 3,800 people. These are located at four legal entities in Germany (EBS GmbH, EBS Berlin GmbH, EBS Hanover GmbH and EBS Regensburg GmbH); plus legal entities in ten further countries (Belgium, Netherlands, Luxembourg, Czech Republic, Hungary, Italy, Romania, Slovakia, Sweden and United Kingdom).<ref name="eon_hp">{{cite web |url=http://www.eon.com/en/corporate/34643.jsp |title=E.ON Business Services GmbH – E.ON SE |website=Eon.com |date=13 March 2012 |access-date=27 April 2026 |url-status=dead |archive-url=https://web.archive.org/web/20120313185609/http://www.eon.com/en/corporate/34643.jsp |archive-date=13 March 2012 |language=en}}</ref>

==Sponsorship==

===Sports=== E.ON UK sponsored the FA Cup for four years, from the 2006–07 FA Cup to the 2009–10 FA Cup.<ref>{{cite news |date=2 September 2009 |title=E.ON calls time on FA Cup sponsorship |url=https://www.theguardian.com/football/2009/sep/02/eon-fa-cup-sponsorship |work=The Guardian |access-date=27 April 2026 |language=en-GB |issn=0261-3077}}</ref> The also included the FA Women's Cup and the FA Youth Cup was worth around £32 million.<ref>{{cite news |date=2 September 2009 |title=E.On not to renew FA Cup backing |url=http://news.bbc.co.uk/1/hi/business/8233293.stm |work=BBC News |access-date=27 April 2026 |language=en-GB}}</ref> E.ON was also the official energy partner of The Football League and sponsored a collection of home programmes on Channel Five in the UK. E.ON has previously sponsored ITV Weather, the Ipswich Town football club and the Rugby Cup.

Between 2000 and 2006, E.ON was the main kit sponsor of German Bundesliga club Borussia Dortmund.<ref>{{cite news |date=14 May 2004 |title=E.on und BVB verlängern Sponsoring-Vertrag bis Mitte 2006 |url=https://rp-online.de/sport/fussball/eon-und-bvb-verlaengern-sponsoring-vertrag-bis-mitte-2006_aid-8751611 |work=RP Online |access-date=27 April 2026 |language=de}}</ref>

E.ON Ruhrgas is the main sponsor of the IBU biathlon{{When|date=November 2009}} World Cup and is the main sponsor of the Ski jumping World Cup{{When|date=November 2009}}.

E.ON Sverige sponsored the home arena of Swedish ice hockey team Timrå IK from 2003 to 2015.

E.ON was one of the main sponsors of 2007–2008 Dutch Eredivisie Champions PSV Eindhoven.

E.ON has been a sponsor of Veloce Racing ever since Veloce joined electric off-road racing series Extreme E in 2021.<ref>{{cite web |last=Morris |first=James |date=21 October 2023 |title=E.ON Energy Says Veloce Partnership Key To Promote Decarbonised Future |url=https://www.forbes.com/sites/jamesmorris/2023/10/21/eon-energy-says-veloce-partnership-key-to-promote-decarbonised-future/ |website=Forbes |access-date=27 April 2026 |language=en}}</ref> In 2024, E.ON became the title sponsor of the team to become E.ON Veloce Racing.<ref>{{cite web |last=Brittle |first=Cian |date=6 February 2024 |title=Veloce upgrades E.On deal to title partnership for 2024 Extreme E season |url=https://www.blackbookmotorsport.com/news/veloce-eon-extreme-e-title-sponsorship/ |website=BlackBook Motorsport |access-date=27 April 2026 |language=en}}</ref>

Nottingham Forest has announced that E.ON will become the club's official training kit partner. The announcement comes as the Reds return to pre-season training on 3 July 2023. The energy company have partnered with the club since 2021 and have now struck a new deal which will see their logo appear on all men's and women's first-team training wear.<ref>{{cite web |last=Williams |first=Callum |date=3 July 2023 |title=Nottingham Forest extends E.ON deal ahead of 2023-24 season |url=https://insidersport.com/2023/07/03/nottingham-forest-extends-e-on-deal/ |website=Insider Sport |access-date=27 April 2026 |language=en}}</ref>

===Arts=== Between 1998 and 2014, E.ON and its predecessor company VEBA spent more than Euro30 million ($41 million) supporting the Museum Kunstpalast, located next to the corporate headquarters in Düsseldorf.<ref name="bloomberg.com">{{cite news |last=Andresen |first=Tino |date=21 March 2014 |title=Pollock's 'Elegant Lady' for Sale as EON Raids Art Hoard |url=https://www.bloomberg.com/news/2014-03-21/pollock-s-elegant-lady-for-sale-as-eon-raids-art-hoard.html |work=Bloomberg News |access-date=27 April 2026 |archive-url=https://web.archive.org/web/20140407071157/https://www.bloomberg.com/news/2014-03-21/pollock-s-elegant-lady-for-sale-as-eon-raids-art-hoard.html |archive-date=7 April 2014 |url-status=dead |language=en}}</ref>

In 2014, E.ON decided to sell Jackson Pollock's ''Number 5 (Elegant Lady)'' (1951), a painting the company has owned since 1980, at Christie's auction to keep funding the Museum Kunstpalast.<ref>{{cite news |last=Crow |first=Kelly |date=20 March 2014 |title=Pollock With a Dark Side |url=https://www.wsj.com/articles/SB10001424052702303802104579451193089700958 |work=The Wall Street Journal |access-date=27 April 2026 |archive-url=https://web.archive.org/web/20170111205834/http://www.wsj.com/news/articles/SB10001424052702303802104579451193089700958 |archive-date=11 January 2017 |url-status=dead |language=en}}</ref> Pollock had swapped it in 1954 with New York gallery owner Martha Jackson for the convertible in which he had a fatal accident two years later. In 1980, Ulrich Hartmann, head of VEBA's corporate board office, pushed for the purchase from art dealer Alfred Schmela. The acquisition was considered the foundation for E.ON's art collection of more than 1,800 works.<ref name="bloomberg.com"/>

E.ON is also sponsor of Brain Bar, a Budapest-based, annually held festival on the future.<ref>{{cite web |url=https://www.eon.hu/hu/rolunk/tarsadalmi-szerepvallalas/tarsadalom/joev_-generacioja.html |title=Jövő generációja |website=eon.hu |publisher=E.ON Hungária |access-date=27 April 2026 |archive-url=https://web.archive.org/web/20180907144733/https://www.eon.hu/hu/rolunk/tarsadalmi-szerepvallalas/tarsadalom/joev_-generacioja.html |archive-date=7 September 2018 |url-status=dead |language=hu}}</ref>

==Facilities== * Elbe Crossing 1 * Elbe Crossing 2 * GKK Etzenricht * Baltic Cable (operated in cooperation with Baltic-Cable AB)

==See also== {{Portal|Germany|Energy|Companies}} * European Transmission System Operators * Gesellschaft für Nuklear-Service * Power to gas * Scroby Sands wind farm

== Notes == {{Notelist}}

==References== {{Reflist|colwidth=30em}}

==External links== * {{Commons category-inline}} * {{official website}}

Category:E.ON Category:2000 establishments in Germany Category:Companies based in North Rhine-Westphalia Category:Companies based in Essen Category:German brands Category:Companies listed on the Frankfurt Stock Exchange Category:Companies in the DAX index Category:Holding companies established in 2000 Category:Multinational companies headquartered in Germany Category:Natural gas companies of Germany Category:Electric power companies of Germany Category:Wind power companies of the United States Category:Electric power distribution network operators in Sweden Category:Societas Europaea companies