E.ON, Europe’s largest energy grid operator, said on Wednesday it would increase investment to 48 billion euros over the next five years in a bid to expand networks and prepare them for the development of data centers across the continent, Reuters reported. Grid operators are grappling with rising demand for energy infrastructure, including renewables, storage […]
Volker Raffel, country manager of E.On Romania, stated that although the company has implemented projects for the modernization of the electricity distribution network that qualified for European funding through the Modernization Fund managed by the Ministry of Energy, the state has not yet reimbursed the money. The debts to E.On already amount to 88 million […]
Nokia today announced a strategic contract with E.ON SE, one of Europe’s largest energy companies, to modernize its mission-critical communications infrastructure. The renewal starts across Germany and creates an optimized, highly automated telecommunications network for distribution system operators (DSO), which can be a model for other E.ON affiliates in Europe. E.ON plays a key […]
In September, E.ON Energie România reached the milestone of 400 photovoltaic power plants built and handed over to partner companies on a turnkey basis, with the total value of the projects exceeding 75 million euros, according to a press release. The photovoltaic systems were installed in E.ON partners’ locations, covering a total area of over […]
E.ON Energie România installed, in the first six months of this year, over 2,270 photovoltaic systems for residential customers, up 13% compared to the same period last year, with the pace of installations reaching peaks of 40 per day, in the recent period. A notable trend: the number of installations carried out by the company […]
E.ON has successfully closed a new syndicated credit facility of €4.7 billion with a term of five years and two options to extend the maturity by one year each. In addition, the facility size can be increased by up to €1 billion during the term of the contract. The purpose of the facility is to […]
E.ON Energie România is investing with priority in the digitalization of services, about 83% of the total amount invested in the last five years, worth 24 million euros, returning to the development and improvement of IT platforms, so that customer interactions with the company are as simple and fast as possible. The continuous effort to […]
The head of E.On Romania says that the capping of electricity prices should no longer be continued for all customers, but only for the vulnerable. “It is necessary for the state to finally support the vulnerable, to stop continuing the capping of prices for everyone, it is too expensive for the state budget and waste […]
The head of E.On Romania, a company that operates the energy distribution network in the Moldovan area, says that additional investments in networks, which are not made because the regulator is afraid to increase distribution tariffs, end up being beneficial for everyone, and in the end the bill will also decrease. “If we invest one […]
E.ON Energie România has become a green energy producer following the completion of the construction of a photovoltaic plant for the Webasto factory in Arad, based on a long-term power purchase agreement (PPA). Through this project, worth 1 million euros, developed, implemented, financed and operated by E.ON Energie România, the entire amount of renewable energy […]
Last year, E.ON Energie România continued to develop its business in the energy solutions and services segment, in addition to natural gas and electricity supply services, with the number of customers exceeding 860,000 since the company entered this segment in 2016. Of this total, 100,000 customers chose energy solutions for heating and cooling homes with […]
Károly Mátrai, CEO of the Hungarian state-owned group MVM, gave an interview to the local press in which he talks about the acquisition of the E.On Energie România business – the supply and services segment, an agreement signed at the end of last year but which, in order to be finalized, must be approved by […]
The Ministry of Energy announces that it has notified the Foreign Direct Investment Review Commission (FDIRS) regarding the transaction by which MVM Zrt. (Magyar Villamos Művek Zártkörűen Működő Részvénytársaság) (MVM Group), a Hungarian state-owned company, intends to acquire the gas and electricity supply division of E.ON Energie Romania, according to a press release. “Following a […]
Energy Minister Sebastian Burduja said that the Romanian state may not approve the transaction by which the Hungarian state-owned energy company MVM is to buy the gas and electricity supply company E.On Energie România. “It will be analyzed what the MVM company is doing, where the financing comes from, where they will buy the energy […]
