asset swap

Eon strikes major PPA with RWE Renewables

Eon has completed a power purchase agreement with RWE Renewables which will see the big six supplier acquire 3TWh annually from more than 20 British wind farms. Eon chief executive Michael Lewis and RWE's Tom Glover give their views on the deal.

12/11/2019

News

Will Eon/Npower deal conclude before Brexit?

Npower is set to be swallowed up by Eon, as part of the wider asset swap between parent companies RWE and Innogy. However, the EU Commission is yet to give its approval to the deal, and if a decision is not reached before 31 October then domestic competition approval may be needed.

18/08/2019

News

Innogy’s chief lawyer to support asset swap before departure

Innogy’s general counsel Claudia Mayfeld will continue to provide legal support for the planned asset swap between RWE and Eon before her departure next year.

17/06/2019

News

Asset swap with Eon will transform RWE into ‘renewables supermajor’

RWE’s asset swap with Eon will transform the German energy giant into a “renewables supermajor”, according to a senior figure at the company.

14/06/2019

News

RWE and Eon reach collective agreement for asset swap

A collective bargaining agreement for “future and job security” has been reached in Germany ahead of the planned asset swap between Eon and RWE.

03/06/2019

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