E.ON Company Description
E.ON is on track to transform itself from a conglomerate into a multi-utility. Subsidiary E.ON Energie is one of Germany's top two power companies (running neck and neck with RWE), with some 12 million electricity, natural gas, and water customers in Central Europe; the unit also has about 28,200 MW of electric generating capacity and serves energy customers throughout continental Europe. Other utility subsidiaries include E.ON UK, E.ON U.S., and E.ON Nordic. The company acquired Ruhrgas (now E.ON Ruhrgas), Germany's #1 natural gas supplier. E.ON has also made bids to control Endesa S.A., Spain's largest electric utility, for $56.4 billion, and Russia-based power utility OGK-4, for $5.7 billion.
View the Comprehensive Company Description for E.ON
The Company Description provides a historical perspective of E.ON's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of E.ON's evolution in the marketplace.
